BigBear.ai (NYSE:BBAI) Shares Down 3.6% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s share price traded down 3.6% during mid-day trading on Thursday . The stock traded as low as $3.36 and last traded at $3.3950. Approximately 31,822,252 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 47,771,383 shares. The stock had previously closed at $3.52.

Analysts Set New Price Targets

A number of equities analysts have recently commented on BBAI shares. Cantor Fitzgerald reduced their price objective on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Wall Street Zen raised 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. Finally, HC Wainwright decreased their price objective on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Stock Down 3.6%

The company has a debt-to-equity ratio of 0.01, a current ratio of 6.08 and a quick ratio of 6.08. The firm has a 50 day simple moving average of $4.13 and a 200-day simple moving average of $4.59. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of -3.90 and a beta of 3.27.

Insider Activity

In related news, Director Dorothy D. Hayes sold 15,000 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $4.11, for a total transaction of $61,650.00. Following the completion of the sale, the director owned 204,150 shares in the company, valued at $839,056.50. This trade represents a 6.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Sean Raymond Ricker sold 10,000 shares of BigBear.ai 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 transaction, the chief financial officer directly owned 609,256 shares of the company’s stock, valued at $2,638,078.48. This represents a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BigBear.ai

A number of large investors have recently bought and sold shares of the business. Empowered Funds LLC bought a new stake in BigBear.ai during the 1st quarter worth approximately $53,000. DV Trading LLC raised its position in BigBear.ai by 160.8% in the 1st quarter. DV Trading LLC now owns 13,344 shares of the company’s stock valued at $47,000 after purchasing an additional 8,227 shares during the last quarter. Amundi acquired a new position in BigBear.ai in the first quarter worth $74,000. California State Teachers Retirement System boosted its stake in BigBear.ai by 30.4% in the first quarter. California State Teachers Retirement System now owns 541,731 shares of the company’s stock worth $1,907,000 after purchasing an additional 126,303 shares in the last quarter. Finally, Quantinno Capital Management LP grew its holdings in shares of BigBear.ai by 108.0% during the first quarter. Quantinno Capital Management LP now owns 34,010 shares of the company’s stock worth $120,000 after purchasing an additional 17,660 shares during the last quarter. 7.55% of the stock is currently owned by institutional investors.

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.