BigBear.ai (NYSE:BBAI) Stock Price Down 1.6% – Time to Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares were down 1.6% during trading on Tuesday . The company traded as low as $3.35 and last traded at $3.4550. Approximately 18,507,426 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 53,978,145 shares. The stock had previously closed at $3.51.

Analysts Set New Price Targets

A number of research analysts have recently commented on BBAI shares. Cantor Fitzgerald lowered their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Wall Street Zen cut BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. HC Wainwright lowered their target price on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $5.50.

BigBear.ai Trading Down 1.6%

The company has a market cap of $1.64 billion, a PE ratio of -3.46 and a beta of 3.47. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.16. The stock has a 50 day moving average price of $4.10 and a 200 day moving average price of $5.63.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 18.22% and a negative net margin of 230.21%.The company had revenue of $27.30 million during the quarter, compared to analyst estimates of $33.31 million. During the same quarter last year, the company earned ($0.43) EPS. The firm’s revenue for the quarter was down 37.7% on a year-over-year basis. Sell-side analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Pamela Joyce Braden sold 80,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director owned 508,687 shares of the company’s stock, valued at $2,034,748. This trade represents a 13.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BBAI. Van ECK Associates Corp bought a new position in BigBear.ai during the 4th quarter valued at approximately $46,675,000. Vanguard Group Inc. increased its position in BigBear.ai by 32.6% during the 3rd quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock valued at $179,984,000 after buying an additional 6,790,890 shares in the last quarter. UBS Group AG increased its position in BigBear.ai by 145.7% during the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after buying an additional 6,158,665 shares in the last quarter. Two Sigma Investments LP increased its position in BigBear.ai by 165.5% during the 3rd quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock valued at $31,974,000 after buying an additional 3,056,597 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in BigBear.ai by 35.9% during the 4th quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock valued at $55,347,000 after buying an additional 2,706,195 shares in the last quarter. 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.