BigBear.ai (NYSE:BBAI) Stock Price Down 6.2% – Should You Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares dropped 6.2% during mid-day trading on Wednesday . The stock traded as low as $3.51 and last traded at $3.5350. Approximately 43,288,787 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 47,897,727 shares. The stock had previously closed at $3.77.

Analysts Set New Price Targets

Several analysts recently commented on BBAI shares. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Cantor Fitzgerald dropped their price target on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, HC Wainwright dropped their target price on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. One equities research 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. Based on data from MarketBeat.com, BigBear.ai currently has an average rating of “Hold” and an average target price of $5.50.

BigBear.ai Stock Up 2.5%

The firm has a 50-day moving average price of $4.12 and a 200 day moving average price of $4.57. 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 company has a market cap of $1.67 billion, a price-to-earnings ratio of -3.98 and a beta of 3.27.

Insider Activity at BigBear.ai

In other news, Director Dorothy D. Hayes sold 15,000 shares of the company’s stock in a transaction 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 in the company, valued at approximately $839,056.50. This represents a 6.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 transaction of $43,300.00. Following the sale, 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 position. The SEC filing for this sale provides additional information. Insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Root Financial Partners LLC increased its position in shares of BigBear.ai by 617.5% during the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock valued at $29,000 after buying an additional 4,631 shares during the period. PNC Financial Services Group Inc. increased its position in shares of BigBear.ai by 150.9% during 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 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 acquiring an additional 6,169 shares during the last quarter. IFP Advisors Inc raised its holdings in BigBear.ai by 218.1% in the 3rd quarter. IFP Advisors Inc now owns 9,559 shares of the company’s stock worth $62,000 after acquiring an additional 6,554 shares during the last quarter. Finally, Hodges Capital Management Inc. bought a new position in BigBear.ai in the 4th quarter valued at approximately $54,000. 7.55% of the stock is currently owned by institutional investors.

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.