BigBear.ai (NYSE:BBAI) Shares Down 6.6% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s share price fell 6.6% during mid-day trading on Tuesday . The company traded as low as $4.52 and last traded at $4.55. 67,070,222 shares traded hands during trading, a decline of 15% from the average session volume of 78,784,500 shares. The stock had previously closed at $4.87.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on BBAI shares. HC Wainwright reaffirmed a “buy” rating and issued a $8.00 price objective on shares of BigBear.ai in a research note on Tuesday, November 11th. Cantor Fitzgerald downgraded BigBear.ai from an “overweight” rating to a “neutral” rating and cut their price target for the company from $7.00 to $6.00 in a research note on Wednesday, January 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, January 21st. Finally, Wall Street Zen lowered BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $6.00.

BigBear.ai Stock Down 6.6%

The firm has a market capitalization of $1.99 billion, a P/E ratio of -3.20 and a beta of 3.45. The company has a debt-to-equity ratio of 0.18, a quick ratio of 3.13 and a current ratio of 3.13. The firm’s 50-day moving average is $5.87 and its 200 day moving average is $6.18.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings results on Monday, November 10th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.01). The firm had revenue of $33.14 million during the quarter, compared to analyst estimates of $31.82 million. BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The business’s revenue for the quarter was down 20.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.05) EPS. As a group, equities research analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Insider Buying and Selling at BigBear.ai

In related news, CFO Sean Raymond Ricker sold 5,000 shares of the business’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $7.06, for a total transaction of $35,300.00. Following the transaction, the chief financial officer directly owned 488,716 shares in the company, valued at approximately $3,450,334.96. The trade was a 1.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Dorothy D. Hayes sold 22,000 shares of the business’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $6.08, for a total transaction of $133,760.00. Following the transaction, the director owned 236,150 shares in the company, valued at $1,435,792. This represents a 8.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Hedge funds and other institutional investors have recently bought and sold shares of the business. Wedbush Securities Inc. bought a new position in BigBear.ai during the second quarter worth about $1,669,000. Swiss National Bank grew its position in shares of BigBear.ai by 51.1% during the 2nd quarter. Swiss National Bank now owns 552,100 shares of the company’s stock worth $3,749,000 after purchasing an additional 186,600 shares in the last quarter. XTX Topco Ltd increased its holdings in shares of BigBear.ai by 980.7% during the second quarter. XTX Topco Ltd now owns 368,938 shares of the company’s stock worth $2,505,000 after purchasing an additional 334,799 shares during the period. PFG Investments LLC acquired a new stake in shares of BigBear.ai in the third quarter valued at approximately $1,593,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of BigBear.ai by 3,252.7% in the second quarter. JPMorgan Chase & Co. now owns 2,398,419 shares of the company’s stock valued at $16,285,000 after buying an additional 2,326,883 shares during the period. Institutional investors own 7.55% of the company’s stock.

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.