BigBear.ai (NYSE:BBAI) Stock Price Down 7.6% – Should You Sell?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) fell 7.6% during mid-day trading on Wednesday . The stock traded as low as $3.78 and last traded at $3.8050. 56,595,441 shares were traded during mid-day trading, an increase of 13% from the average session volume of 49,954,281 shares. The stock had previously closed at $4.12.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Cantor Fitzgerald dropped their price target on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. Wall Street Zen lowered BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Finally, 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. 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 presently has an average rating of “Hold” and an average price target of $5.50.

BigBear.ai Trading Up 4.1%

The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $1.90 billion, a PE ratio of -3.98 and a beta of 3.47. The stock’s fifty day simple moving average is $3.75 and its 200 day simple moving average is $5.21.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.04. BigBear.ai had a negative net margin of 230.21% and a negative return on equity of 18.22%. The business had revenue of $27.30 million for the quarter, compared to analysts’ expectations of $33.31 million. During the same quarter last year, the company posted ($0.43) EPS. The company’s revenue was down 37.7% compared to the same quarter last year. On average, sell-side analysts predict that BigBear.ai Holdings, Inc. will post -0.3 earnings per share for the current year.

Insiders Place Their Bets

In other BigBear.ai news, Director Pamela Joyce Braden sold 80,000 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $4.00, for a total transaction of $320,000.00. Following the completion of the sale, the director owned 508,687 shares of the company’s stock, valued at approximately $2,034,748. The trade was a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Arizona State Retirement System boosted its position in shares of BigBear.ai by 2.2% in the third quarter. Arizona State Retirement System now owns 86,166 shares of the company’s stock worth $562,000 after purchasing an additional 1,823 shares during the period. Farther Finance Advisors LLC raised its position in shares of BigBear.ai by 6.4% during 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 period. Pure Financial Advisors LLC lifted its stake in shares of BigBear.ai by 19.4% during the 3rd quarter. Pure Financial Advisors LLC now owns 12,060 shares of the company’s stock valued at $79,000 after buying an additional 1,960 shares in the last quarter. Wealthspan Partners LLC lifted its stake in shares of BigBear.ai by 16.0% during the 3rd quarter. Wealthspan Partners LLC now owns 16,350 shares of the company’s stock valued at $107,000 after buying an additional 2,250 shares in the last quarter. Finally, Cornerstone Wealth Management LLC boosted its holdings in BigBear.ai by 30.9% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 13,085 shares of the company’s stock worth $85,000 after buying an additional 3,085 shares during the period. 7.55% of the stock is owned by hedge funds and other institutional investors.

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.