BigBear.ai (NYSE:BBAI) Trading Down 4% – Time to Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price traded down 4% during mid-day trading on Monday . The stock traded as low as $3.81 and last traded at $3.9150. 32,273,869 shares changed hands during trading, a decline of 34% from the average session volume of 48,728,113 shares. The stock had previously closed at $4.08.

Analyst Ratings Changes

Several equities research analysts recently weighed in on BBAI shares. Wall Street Zen upgraded shares of BigBear.ai from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Cantor Fitzgerald cut their price target on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. HC Wainwright reduced their price objective on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Stock Down 4.0%

The business’s fifty day moving average price is $3.80 and its 200 day moving average price is $4.97. The company has a market capitalization of $1.88 billion, a P/E ratio of -4.50 and a beta of 3.25. The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01.

BigBear.ai (NYSE:BBAI) last posted its earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. The business had revenue of $27.30 million for the quarter, compared to analysts’ expectations of $33.31 million. BigBear.ai had a negative net margin of 226.69% and a negative return on equity of 16.02%. The firm’s revenue for the quarter was down 37.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.43) earnings per share. As a group, equities research analysts predict that BigBear.ai Holdings, Inc. will post -0.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Dorothy D. Hayes sold 15,000 shares of the business’s stock in a transaction on Friday, May 8th. The stock was 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. The trade was a 6.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Pamela Joyce Braden sold 80,000 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $4.00, for a total value of $320,000.00. Following the completion of the sale, the director owned 508,687 shares in the company, valued at $2,034,748. This trade represents a 13.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On BigBear.ai

Several institutional investors and hedge funds have recently made changes to their positions in BBAI. Empowered Funds LLC bought a new stake in shares of BigBear.ai in the 1st quarter worth about $53,000. Quantinno Capital Management LP lifted its holdings in BigBear.ai by 108.0% during the 1st quarter. Quantinno Capital Management LP now owns 34,010 shares of the company’s stock valued at $120,000 after purchasing an additional 17,660 shares during the last quarter. Themes Management Co LLC lifted its holdings in BigBear.ai by 62.0% during the 1st quarter. Themes Management Co LLC now owns 340,097 shares of the company’s stock valued at $1,197,000 after purchasing an additional 130,193 shares during the last quarter. Gibbs Wealth Management boosted its position in BigBear.ai by 63.7% in the first quarter. Gibbs Wealth Management now owns 83,682 shares of the company’s stock valued at $295,000 after buying an additional 32,550 shares in the last quarter. Finally, First Trust Advisors LP grew its stake in BigBear.ai by 18.1% during the first quarter. First Trust Advisors LP now owns 2,419,242 shares of the company’s stock worth $8,516,000 after buying an additional 369,981 shares during the last quarter. 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.