BigBear.ai (NYSE:BBAI) Shares Down 1.6% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares traded down 1.6% during trading on Tuesday . The company traded as low as $3.76 and last traded at $3.77. 25,911,085 shares traded hands during trading, a decline of 46% from the average session volume of 47,936,297 shares. The stock had previously closed at $3.83.

Analyst Ratings Changes

BBAI has been the topic of a number of analyst reports. Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. HC Wainwright cut their target price on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Finally, Cantor Fitzgerald decreased their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Trading Down 1.6%

The business’s 50-day moving average price is $4.11 and its two-hundred day moving average price is $4.63. The company has a market capitalization of $1.81 billion, a P/E ratio of -4.33 and a beta of 3.27. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.08 and a quick ratio of 6.08.

Insider Buying and Selling at BigBear.ai

In other BigBear.ai news, Director Dorothy D. Hayes sold 15,000 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $4.11, for a total value of $61,650.00. Following the completion of the transaction, the director directly owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. The trade was a 6.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Sean Raymond Ricker sold 10,000 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $4.33, for a total value of $43,300.00. Following the completion of the transaction, the chief financial officer directly owned 609,256 shares of the company’s stock, valued at approximately $2,638,078.48. The trade was a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Several institutional investors have recently modified their holdings of the business. Root Financial Partners LLC grew its position in shares of BigBear.ai by 617.5% in the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock valued at $29,000 after purchasing an additional 4,631 shares during the period. PNC Financial Services Group Inc. increased its stake in BigBear.ai by 150.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock worth $30,000 after purchasing an additional 3,392 shares in the last quarter. HM Payson & Co. raised its holdings in BigBear.ai by 616.9% during the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock worth $39,000 after buying an additional 6,169 shares during the period. IFP Advisors Inc raised its holdings in BigBear.ai by 218.1% during the 3rd quarter. IFP Advisors Inc now owns 9,559 shares of the company’s stock worth $62,000 after buying an additional 6,554 shares during the period. Finally, Hodges Capital Management Inc. bought a new position in BigBear.ai in the fourth quarter valued at approximately $54,000. Institutional investors own 7.55% of the company’s stock.

BigBear.ai Company Profile

BigBear.ai is a provider of artificial intelligence (AI) and data analytics solutions designed to deliver actionable insights for public sector and commercial clients. Headquartered in Columbia, Maryland, the company specializes in advanced analytics, machine learning, predictive modeling and network analysis to support decision-making in complex, data-rich environments. Its clientele spans defense and intelligence agencies, civil government organizations and enterprise businesses seeking to enhance mission outcomes and operational efficiency.

The company’s flagship offerings include an AI-driven analytics platform that integrates data engineering, algorithm development and visualization tools.