BigBear.ai (NYSE:BBAI) Shares Down 2.4% – Should You Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI) dropped 2.4% during trading on Wednesday . The company traded as low as $5.89 and last traded at $6.0150. Approximately 87,366,630 shares changed hands during trading, an increase of 6% from the average daily volume of 82,782,492 shares. The stock had previously closed at $6.16.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, January 21st. Cantor Fitzgerald downgraded shares of BigBear.ai from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $7.00 to $6.00 in a research note on Wednesday, January 7th. Wall Street Zen cut shares of BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Finally, HC Wainwright restated a “buy” rating and issued a $8.00 target price on shares of BigBear.ai in a report on Tuesday, November 11th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $6.00.

BigBear.ai Stock Down 2.4%

The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of -4.24 and a beta of 3.46. The firm has a 50 day moving average price of $6.05 and a two-hundred day moving average price of $6.34.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings results on Monday, November 10th. The company reported ($0.07) EPS 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 analysts’ expectations of $31.82 million. BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The company’s quarterly revenue was down 20.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.05) EPS. On average, equities analysts expect that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Sean Raymond Ricker sold 5,000 shares of the company’s 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 completion of the sale, the chief financial officer owned 488,716 shares of the company’s stock, valued at $3,450,334.96. This represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Dorothy D. Hayes sold 22,000 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total value of $133,760.00. Following the sale, the director owned 236,150 shares in the company, valued at approximately $1,435,792. The trade was a 8.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.54% of the stock is currently owned by corporate insiders.

Institutional Trading of BigBear.ai

Several large investors 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 position in BigBear.ai in the 2nd quarter worth $37,407,000. 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 last quarter. Geode Capital Management LLC grew its stake in shares of BigBear.ai by 125.2% during the second quarter. Geode Capital Management LLC now owns 5,074,311 shares of the company’s stock valued at $34,456,000 after acquiring an additional 2,820,698 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of BigBear.ai by 3,252.7% during the second quarter. JPMorgan Chase & Co. now owns 2,398,419 shares of the company’s stock worth $16,285,000 after acquiring an additional 2,326,883 shares during the last quarter. Institutional investors and hedge funds own 7.55% of the company’s stock.

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.