BigBear.ai (NYSE:BBAI) Trading Down 12% – Time to Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s share price was down 12% during mid-day trading on Friday . The company traded as low as $4.11 and last traded at $4.1990. Approximately 37,481,377 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 49,630,547 shares. The stock had previously closed at $4.77.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on BBAI shares. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research report on Monday, April 20th. HC Wainwright reduced their target price on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. Cantor Fitzgerald reduced their target price on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Finally, Wall Street Zen raised shares of 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 assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, BigBear.ai has a consensus rating of “Hold” and an average price target of $5.50.

BigBear.ai Price Performance

The company’s 50-day moving average is $3.98 and its two-hundred day moving average is $4.79. 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 firm has a market cap of $2.01 billion, a P/E ratio of -4.83 and a beta of 3.27.

Insider Transactions at BigBear.ai

In other news, Director Pamela Joyce Braden sold 80,000 shares of the 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 completion of the transaction, the director owned 508,687 shares of the company’s stock, valued at approximately $2,034,748. This represents a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Dorothy D. Hayes sold 15,000 shares of the 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 completion of the transaction, the director directly owned 204,150 shares of the company’s stock, valued at $839,056.50. This trade represents a 6.84% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 105,000 shares of company stock valued at $424,950. 0.57% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BBAI. Invesco Ltd. lifted its holdings in shares of BigBear.ai by 26.4% in the first quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock worth $76,000 after acquiring an additional 5,579 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of BigBear.ai in the first quarter worth about $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of BigBear.ai by 54.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock worth $1,306,000 after acquiring an additional 160,096 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of BigBear.ai by 441.1% in the first quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock worth $213,000 after acquiring an additional 60,583 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of BigBear.ai by 569.0% during the first quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock worth $6,694,000 after purchasing an additional 1,990,822 shares during 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.