BigBear.ai (NYSE:BBAI) Cut to Sell at Wall Street Zen

Wall Street Zen lowered shares of BigBear.ai (NYSE:BBAI) from a hold rating to a sell rating in a research note published on Saturday.

A number of other analysts also recently issued reports on BBAI. HC Wainwright restated a “buy” rating and set a $8.00 price target on shares of BigBear.ai in a report on Tuesday, November 11th. Cantor Fitzgerald cut BigBear.ai from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $7.00 to $6.00 in a research note on Wednesday, January 7th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, BigBear.ai currently has an average rating of “Hold” and a consensus price target of $6.00.

BigBear.ai Stock Up 1.9%

Shares of BBAI opened at $6.32 on Friday. The stock has a fifty day simple moving average of $6.05 and a two-hundred day simple moving average of $6.43. 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 market capitalization of $2.76 billion, a PE ratio of -4.45 and a beta of 3.46. BigBear.ai has a 52-week low of $2.36 and a 52-week high of $10.36.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Monday, November 10th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The firm had revenue of $33.14 million during the quarter, compared to analysts’ expectations of $31.82 million. During the same period in the prior year, the company posted ($0.05) EPS. The company’s revenue for the quarter was down 20.1% compared to the same quarter last year. As a group, equities analysts forecast that BigBear.ai will post -0.28 EPS for the current year.

Insider Buying and Selling

In related news, CFO Sean Raymond Ricker sold 5,000 shares of the business’s stock in a transaction on 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 owned 488,716 shares in the company, valued at approximately $3,450,334.96. The trade was a 1.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dorothy D. Hayes sold 22,000 shares of the stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $6.08, for a total value of $133,760.00. Following the transaction, the director directly owned 236,150 shares in the company, valued at approximately $1,435,792. The trade was a 8.52% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.54% of the stock is owned by insiders.

Institutional Trading of BigBear.ai

A number of institutional investors and hedge funds have recently bought and sold shares of BBAI. Vanguard Group Inc. boosted 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 valued at $179,984,000 after purchasing an additional 6,790,890 shares during the period. Jump Financial LLC acquired a new stake in BigBear.ai during the 2nd quarter worth approximately $37,407,000. Geode Capital Management LLC boosted its position in BigBear.ai by 125.2% in the 2nd quarter. Geode Capital Management LLC now owns 5,074,311 shares of the company’s stock valued at $34,456,000 after buying an additional 2,820,698 shares during the period. Two Sigma Investments LP boosted its position in BigBear.ai by 165.5% in the 3rd quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock valued at $31,974,000 after buying an additional 3,056,597 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of BigBear.ai by 40.8% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,873,864 shares of the company’s stock worth $18,738,000 after acquiring an additional 832,420 shares in the last quarter. 7.55% of the stock is currently owned by hedge funds and other 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.