BigBear.ai (NYSE:BBAI) Trading Down 3.4% – Time to Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price was down 3.4% during trading on Tuesday . The stock traded as low as $3.49 and last traded at $3.5550. Approximately 25,538,370 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 58,382,949 shares. The stock had previously closed at $3.68.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BBAI. Cantor Fitzgerald reduced their price target on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. HC Wainwright lowered their price objective 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. Wall Street Zen cut BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, January 21st. One 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. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Price Performance

The firm has a market cap of $1.69 billion, a P/E ratio of -3.56 and a beta of 3.49. 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 business has a 50-day moving average of $4.61 and a two-hundred day moving average of $5.76.

BigBear.ai (NYSE:BBAI) last posted its earnings results on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating the consensus estimate 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 firm had revenue of $27.30 million during the quarter, compared to the consensus estimate of $33.31 million. During the same period last year, the company earned ($0.43) earnings per share. The business’s quarterly revenue was down 37.7% on a year-over-year basis. On average, sell-side analysts anticipate that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Insider Activity

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 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 in the company, valued at $2,034,748. This trade represents a 13.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On BigBear.ai

A number of institutional investors have recently added to or reduced their stakes in the business. Van ECK Associates Corp acquired a new position in BigBear.ai in the 4th quarter valued at approximately $46,675,000. Vanguard Group Inc. grew its stake in shares of BigBear.ai by 32.6% in the third quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock worth $179,984,000 after purchasing an additional 6,790,890 shares during the last quarter. UBS Group AG grew its stake in shares of BigBear.ai by 145.7% in the fourth quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock worth $56,089,000 after purchasing an additional 6,158,665 shares during the last quarter. Jump Financial LLC acquired a new stake in BigBear.ai in the second quarter valued at $37,407,000. Finally, Two Sigma Investments LP raised 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 worth $31,974,000 after purchasing an additional 3,056,597 shares during the last quarter. 7.55% of the stock is 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.