BigBear.ai (NYSE:BBAI) Shares Up 2.6% – Time to Buy?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) shot up 2.6% during trading on Thursday . The company traded as high as $4.20 and last traded at $4.1950. 36,166,110 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 72,736,195 shares. The stock had previously closed at $4.09.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BBAI shares. HC Wainwright restated a “buy” rating and set a $8.00 price objective on shares of BigBear.ai in a research report on Tuesday, November 11th. Cantor Fitzgerald downgraded shares of BigBear.ai from an “overweight” rating to a “neutral” rating and decreased their price target for the stock 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 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 investment 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, BigBear.ai has an average rating of “Hold” and a consensus price target of $6.00.

BigBear.ai Trading Up 2.6%

The company has a 50 day moving average of $5.54 and a 200 day moving average of $6.06. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of -2.95 and a beta of 3.45. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.18.

Insider Activity at BigBear.ai

In related news, CFO Sean Raymond Ricker sold 5,000 shares of BigBear.ai stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $7.06, for a total transaction of $35,300.00. Following the completion of the transaction, the chief financial officer directly owned 488,716 shares of the company’s stock, valued at $3,450,334.96. This trade represents a 1.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.54% of the company’s stock.

Institutional Trading of BigBear.ai

Several large investors have recently added to or reduced their stakes in the company. Van ECK Associates Corp acquired a new position in shares of BigBear.ai in the 4th quarter worth approximately $46,675,000. Vanguard Group Inc. increased its holdings in BigBear.ai by 32.6% during the 3rd 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 in the last quarter. UBS Group AG raised its position in BigBear.ai by 145.7% in the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after purchasing an additional 6,158,665 shares during the last quarter. Jump Financial LLC bought a new position in BigBear.ai in the 2nd quarter valued at $37,407,000. Finally, Two Sigma Investments LP boosted its stake in BigBear.ai by 165.5% in the third 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 in the last quarter. 7.55% of the stock is owned by institutional investors.

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.