BigBear.ai (NYSE:BBAI) Trading Up 2.4% – Time to Buy?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAIGet Free Report) rose 2.4% during mid-day trading on Tuesday . The company traded as high as $3.72 and last traded at $3.6850. Approximately 30,182,367 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 47,434,898 shares. The stock had previously closed at $3.60.

Analyst Upgrades and Downgrades

BBAI has been the topic of several recent research reports. Wall Street Zen upgraded shares of BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $5.50.

Get Our Latest Stock Analysis on BigBear.ai

BigBear.ai Stock Down 3.0%

The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of -4.06 and a beta of 3.32. The firm has a 50 day simple moving average of $4.11 and a 200-day simple moving average of $4.48. 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 Activity

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $4.33, for a total transaction of $43,300.00. Following the sale, the chief financial officer directly owned 609,256 shares of the company’s stock, valued at approximately $2,638,078.48. This represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Dorothy D. Hayes sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $4.11, for a total transaction of $61,650.00. Following the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Farther Finance Advisors LLC raised its position in BigBear.ai by 6.4% in the 4th quarter. Farther Finance Advisors LLC now owns 31,207 shares of the company’s stock valued at $169,000 after purchasing an additional 1,865 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of BigBear.ai by 11.8% during the first quarter. Principal Financial Group Inc. now owns 22,698 shares of the company’s stock worth $80,000 after purchasing an additional 2,391 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of BigBear.ai by 150.9% during the fourth 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 during the last quarter. NewEdge Advisors LLC increased its stake in shares of BigBear.ai by 3.4% in the fourth quarter. NewEdge Advisors LLC now owns 124,239 shares of the company’s stock valued at $671,000 after buying an additional 4,073 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its stake in shares of BigBear.ai by 29.2% in the first quarter. Kestra Advisory Services LLC now owns 18,424 shares of the company’s stock valued at $65,000 after buying an additional 4,159 shares in the last quarter. 7.55% of the stock is owned by institutional investors and hedge funds.

BigBear.ai Company Profile

(Get Free Report)

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.

Further Reading

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