BigBear.ai (NYSE:BBAI) Stock Price Down 7.9% – Should You Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI) fell 7.9% on Thursday . The company traded as low as $5.42 and last traded at $5.5350. 101,740,713 shares were traded during trading, an increase of 21% from the average session volume of 83,949,344 shares. The stock had previously closed at $6.01.

Analysts Set New Price Targets

Several research analysts recently issued reports on BBAI shares. Cantor Fitzgerald downgraded shares of BigBear.ai from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $7.00 to $6.00 in a research report on Wednesday, January 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, January 21st. HC Wainwright restated a “buy” rating and set a $8.00 target price on shares of BigBear.ai in a report on Tuesday, November 11th. Finally, Wall Street Zen cut shares of BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. One investment analyst has rated the stock with a Buy rating, two have assigned 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 an average target price of $6.00.

BigBear.ai Trading Down 7.9%

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 stock has a market capitalization of $2.42 billion, a P/E ratio of -3.90 and a beta of 3.46. The firm’s fifty day simple moving average is $6.06 and its 200 day simple moving average is $6.34.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.01). The business 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 quarterly revenue was down 20.1% compared to the same quarter last year. During the same period last year, the business earned ($0.05) earnings per share. As a group, equities research analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Insider Activity 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 value of $35,300.00. Following the sale, the chief financial officer owned 488,716 shares of the company’s stock, valued at $3,450,334.96. The trade was a 1.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Dorothy D. Hayes sold 22,000 shares of BigBear.ai stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $6.08, for a total value of $133,760.00. Following the completion of the transaction, the director directly owned 236,150 shares in the company, valued at approximately $1,435,792. This represents a 8.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

A number of institutional investors have recently modified their holdings of the company. CWM LLC raised its stake in shares of BigBear.ai by 237.5% in the third quarter. CWM LLC now owns 4,640 shares of the company’s stock worth $30,000 after purchasing an additional 3,265 shares during the last quarter. Hazlett Burt & Watson Inc. raised its holdings in BigBear.ai by 3,355.6% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after acquiring an additional 4,832 shares during the period. Nisa Investment Advisors LLC lifted its holdings in shares of BigBear.ai by 68.4% in the second quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock worth $42,000 after buying an additional 2,527 shares in the last quarter. Hantz Financial Services Inc. raised its position in shares of BigBear.ai by 2,242.9% in the third quarter. Hantz Financial Services Inc. now owns 8,200 shares of the company’s stock worth $53,000 after buying an additional 7,850 shares in the last quarter. Finally, Apollon Wealth Management LLC purchased a new stake in BigBear.ai in the fourth quarter valued at approximately $59,000. 7.55% of the stock is owned by institutional investors and hedge funds.

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.