BigBear.ai (NYSE:BBAI) Cut to “Sell” at Wall Street Zen

Wall Street Zen lowered shares of BigBear.ai (NYSE:BBAI) from a hold rating to a sell rating in a research note published on Saturday.

A number of other research analysts have also issued reports on the company. Cantor Fitzgerald reduced their price objective on BigBear.ai from $5.00 to $4.00 and set a “neutral” rating for the company in a research report on Friday. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $5.00.

BigBear.ai Price Performance

Shares of NYSE:BBAI opened at $2.87 on Friday. The company has a market cap of $1.37 billion, a PE ratio of -13.64 and a beta of 3.35. BigBear.ai has a fifty-two week low of $2.59 and a fifty-two week high of $9.39. The firm has a 50-day simple moving average of $3.64 and a 200 day simple moving average of $4.01. The company has a quick ratio of 5.67, a current ratio of 5.67 and a debt-to-equity ratio of 0.01.

BigBear.ai (NYSE:BBAI) last issued its earnings results on Monday, August 10th. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.01). BigBear.ai had a negative net margin of 65.20% and a negative return on equity of 13.44%. The firm’s revenue was up 12.9% compared to the same quarter last year. During the same period last year, the company earned ($0.71) earnings per share. On average, sell-side analysts anticipate that BigBear.ai will post -0.2 EPS for the current year.

Insider Activity at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of BigBear.ai stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $4.33, for a total value of $43,300.00. Following the transaction, the chief financial officer owned 609,256 shares in the company, valued at approximately $2,638,078.48. The trade was a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $4.11, for a total value of $61,650.00. Following the sale, the director owned 204,150 shares of the company’s stock, valued at $839,056.50. This trade represents a 6.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On BigBear.ai

A number of large investors have recently made changes to their positions in BBAI. Invesco Ltd. boosted its stake in BigBear.ai by 26.4% in the 1st quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock worth $76,000 after purchasing an additional 5,579 shares during the period. AQR Capital Management LLC acquired a new stake in BigBear.ai during the 1st quarter valued at $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of BigBear.ai by 54.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock valued at $1,306,000 after purchasing an additional 160,096 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of BigBear.ai by 441.1% in the first quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock valued at $213,000 after purchasing an additional 60,583 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of BigBear.ai by 569.0% in the first quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock worth $6,694,000 after buying an additional 1,990,822 shares during the period. Institutional investors and hedge funds own 7.55% of the company’s stock.

About BigBear.ai

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.