BigBear.ai (NYSE:BBAI) Stock Price Down 1.2% – Time to Sell?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) were down 1.2% during mid-day trading on Thursday . The company traded as low as $4.72 and last traded at $4.7740. Approximately 41,952,057 shares changed hands during trading, a decline of 16% from the average daily volume of 49,741,535 shares. The stock had previously closed at $4.83.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BBAI. Cantor Fitzgerald lowered 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, HC Wainwright cut their price objective on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. One investment 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. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $5.50.

BigBear.ai Trading Down 12.0%

The stock has a market cap of $2.01 billion, a PE ratio of -4.83 and a beta of 3.27. The company’s fifty day moving average is $3.98 and its 200-day moving average is $4.79. 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 Buying and Selling at BigBear.ai

In other news, CFO Sean Raymond Ricker sold 10,000 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $4.33, for a total value of $43,300.00. Following the sale, the chief financial officer owned 609,256 shares in the company, valued at $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 is available through the SEC website. Also, Director Pamela Joyce Braden sold 80,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director directly owned 508,687 shares of the company’s stock, valued at $2,034,748. The trade was a 13.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 105,000 shares of company stock worth $424,950. Insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Root Financial Partners LLC boosted its stake in shares of BigBear.ai by 617.5% during the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after acquiring an additional 4,631 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of BigBear.ai by 150.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after purchasing an additional 3,392 shares in the last quarter. HM Payson & Co. raised its holdings in BigBear.ai by 616.9% in 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 period. Hollencrest Capital Management acquired a new position in BigBear.ai in the 1st quarter worth about $41,000. Finally, Krilogy Financial LLC purchased a new position in BigBear.ai during the first quarter worth approximately $43,000. Institutional investors and hedge funds own 7.55% of the company’s stock.

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.