BigBear.ai Sees Unusually Large Options Volume (NYSE:BBAI)

BigBear.ai Holdings, Inc. (NYSE:BBAI) was the target of some unusual options trading on Wednesday. Stock investors purchased 103,131 call options on the stock. This represents an increase of 63% compared to the typical volume of 63,411 call options.

BigBear.ai Stock Up 13.6%

Shares of BBAI stock opened at $4.97 on Friday. The firm’s fifty day moving average price is $3.83 and its two-hundred day moving average price is $4.84. 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 has a 1 year low of $3.01 and a 1 year high of $9.39. The firm has a market capitalization of $2.38 billion, a P/E ratio of -5.71 and a beta of 3.25.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.04. BigBear.ai had a negative net margin of 226.69% and a negative return on equity of 16.02%. The company had revenue of $27.30 million during the quarter, compared to the consensus estimate of $33.31 million. During the same period in the prior year, the business posted ($0.43) EPS. The company’s quarterly revenue was down 37.7% on a year-over-year basis. On average, equities analysts predict that BigBear.ai will post -0.2 EPS for the current fiscal year.

Insider Activity at BigBear.ai

In related news, Director Dorothy D. Hayes sold 15,000 shares of the 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 completion of the sale, the director directly owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. This represents a 6.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 transaction of $43,300.00. Following the completion of the transaction, the chief financial officer directly owned 609,256 shares in the company, valued at approximately $2,638,078.48. The trade was a 1.61% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 105,000 shares of company stock worth $424,950. 0.57% of the stock is owned by company insiders.

Institutional Investors Weigh In On BigBear.ai

Several large investors have recently made changes to their positions in BBAI. Root Financial Partners LLC increased its holdings in BigBear.ai by 617.5% during the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after buying an additional 4,631 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in BigBear.ai by 150.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after acquiring an additional 3,392 shares during the last quarter. Hazlett Burt & Watson Inc. grew its position in shares of BigBear.ai by 3,355.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after acquiring an additional 4,832 shares during the period. HM Payson & Co. increased its stake in shares of 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 purchasing an additional 6,169 shares during the last quarter. Finally, Hollencrest Capital Management acquired a new position in shares of BigBear.ai during the 1st quarter worth about $41,000. Institutional investors and hedge funds own 7.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Cantor Fitzgerald reduced their price objective 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. Finally, HC Wainwright decreased their price objective on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a report on Tuesday, March 3rd. One 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. According to data from MarketBeat, BigBear.ai currently has an average rating of “Hold” and an average target price of $5.50.

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.