BigBear.ai (NYSE:BBAI) Trading Up 10.9% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price shot up 10.9% during mid-day trading on Friday . The company traded as high as $6.34 and last traded at $6.2450. 217,496,902 shares changed hands during trading, an increase of 124% from the average session volume of 96,908,906 shares. The stock had previously closed at $5.63.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BBAI. Wall Street Zen upgraded BigBear.ai from a “strong sell” rating to a “hold” rating in a report on Saturday, November 15th. HC Wainwright reaffirmed a “buy” rating and set a $8.00 price target on shares of BigBear.ai in a research note on Tuesday, November 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, October 8th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $7.00 price objective on shares of BigBear.ai in a report on Tuesday, November 11th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, BigBear.ai presently has a consensus rating of “Hold” and a consensus price target of $6.33.

BigBear.ai Trading Up 10.9%

The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average price of $6.51 and a 200-day moving average price of $6.18. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of -4.40 and a beta of 3.44.

BigBear.ai (NYSE:BBAI) last posted 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 the consensus estimate of $31.82 million. BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The firm’s revenue was down 20.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.05) earnings per share. Research analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Insider Activity

In other news, Director Dorothy D. Hayes sold 22,000 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total transaction of $133,760.00. Following the completion of the transaction, the director owned 236,150 shares of the company’s stock, valued at approximately $1,435,792. This represents a 8.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Sean Raymond Ricker sold 5,000 shares of BigBear.ai stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $7.06, for a total value of $35,300.00. Following the sale, the chief financial officer directly owned 488,716 shares in the company, valued at approximately $3,450,334.96. This trade represents a 1.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.54% of the company’s stock.

Institutional Trading of BigBear.ai

Institutional investors have recently made changes to their positions in the business. Flaharty Asset Management LLC bought a new stake in BigBear.ai in the first quarter valued at $26,000. CWM LLC lifted its holdings in shares of BigBear.ai by 237.5% during the third quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after acquiring an additional 3,265 shares during the period. Hazlett Burt & Watson Inc. boosted its stake in shares of BigBear.ai by 3,355.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after purchasing an additional 4,832 shares in the last quarter. Alpine Global Management LLC bought a new stake in shares of BigBear.ai in the 1st quarter worth about $34,000. Finally, Nisa Investment Advisors LLC increased its position in shares of BigBear.ai by 68.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock worth $42,000 after purchasing an additional 2,527 shares in 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.