BigBear.ai (NYSE:BBAI) Trading Down 3% – Here’s Why

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) dropped 3% during trading on Friday . The stock traded as low as $4.00 and last traded at $4.0150. Approximately 25,925,707 shares traded hands during trading, a decline of 47% from the average daily volume of 48,950,293 shares. The stock had previously closed at $4.14.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BBAI. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. Wall Street Zen raised shares of BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Cantor Fitzgerald dropped their price objective 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, HC Wainwright cut 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 note on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $5.50.

BigBear.ai Trading Down 3.0%

The firm has a fifty day moving average of $4.05 and a 200 day moving average of $4.74. The firm has a market capitalization of $1.92 billion, a PE ratio of -4.61 and a beta of 3.27. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.08 and a current ratio of 6.08.

Insider Transactions at BigBear.ai

In other news, CFO Sean Raymond Ricker sold 10,000 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $4.33, for a total transaction of $43,300.00. Following the transaction, the chief financial officer directly owned 609,256 shares of the company’s stock, valued at approximately $2,638,078.48. The trade was a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Pamela Joyce Braden sold 80,000 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $4.00, for a total transaction of $320,000.00. Following the completion of the transaction, the director owned 508,687 shares of the company’s stock, 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. Over the last three months, insiders have sold 105,000 shares of company stock valued at $424,950. Corporate insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BBAI. Vanguard Group Inc. grew its position in shares of BigBear.ai by 18.4% during the fourth quarter. Vanguard Group Inc. now owns 32,695,344 shares of the company’s stock worth $176,555,000 after buying an additional 5,090,508 shares in the last quarter. UBS Group AG boosted its stake in BigBear.ai by 145.7% during the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after acquiring an additional 6,158,665 shares during the last quarter. State Street Corp grew its holdings in BigBear.ai by 33.6% during the 4th quarter. State Street Corp now owns 10,279,145 shares of the company’s stock worth $55,507,000 after acquiring an additional 2,584,278 shares in the last quarter. Geode Capital Management LLC increased its position in shares of BigBear.ai by 35.9% in the 4th quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock worth $55,347,000 after purchasing an additional 2,706,195 shares during the last quarter. Finally, Van ECK Associates Corp bought a new stake in shares of BigBear.ai in the 4th quarter worth about $46,675,000. Institutional investors and hedge funds 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.