BigBear.ai (NYSE:BBAI) Trading Down 1.7% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares fell 1.7% on Tuesday . The stock traded as low as $3.75 and last traded at $3.8550. 25,365,723 shares changed hands during trading, a decline of 48% from the average session volume of 48,485,742 shares. The stock had previously closed at $3.92.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on BBAI. HC Wainwright cut their price target on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Cantor Fitzgerald cut their price target on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research report on Monday, April 20th. Finally, Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $5.50.

BigBear.ai Price Performance

The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of -4.82 and a beta of 3.25. The stock has a 50-day moving average price of $3.79 and a 200 day moving average price of $4.89.

BigBear.ai (NYSE:BBAI) last posted its earnings results on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 16.02% and a negative net margin of 226.69%.The firm had revenue of $27.30 million for the quarter, compared to analysts’ expectations of $33.31 million. During the same period last year, the firm earned ($0.43) EPS. The company’s quarterly revenue was down 37.7% on a year-over-year basis. As a group, equities research analysts expect that BigBear.ai Holdings, Inc. will post -0.2 earnings per share for the current year.

Insider Transactions at BigBear.ai

In other news, Director Dorothy D. Hayes sold 15,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $4.11, for a total transaction of $61,650.00. Following the sale, the director directly owned 204,150 shares in the company, valued at $839,056.50. This trade represents a 6.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Pamela Joyce Braden sold 80,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $4.00, for a total value of $320,000.00. Following the sale, the director owned 508,687 shares in the company, valued at $2,034,748. This trade represents a 13.59% 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 owned by company insiders.

Institutional Investors Weigh In On BigBear.ai

Several institutional investors have recently bought and sold shares of BBAI. Root Financial Partners LLC boosted its holdings in BigBear.ai by 617.5% in the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after buying an additional 4,631 shares during the last quarter. CWM LLC boosted its holdings in BigBear.ai by 237.5% in the 3rd quarter. CWM LLC now owns 4,640 shares of the company’s stock worth $30,000 after buying an additional 3,265 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in BigBear.ai by 150.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock worth $30,000 after buying an additional 3,392 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in BigBear.ai by 3,355.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock worth $32,000 after buying an additional 4,832 shares during the last quarter. Finally, HM Payson & Co. boosted 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 buying an additional 6,169 shares during the last quarter. 7.55% of the stock is currently 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.