BigBear.ai (NYSE:BBAI) Trading Down 2.7% – Should You Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price fell 2.7% during trading on Monday . The company traded as low as $3.01 and last traded at $3.0550. 32,158,254 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 56,356,109 shares. The stock had previously closed at $3.14.

Analysts Set New Price Targets

BBAI has been the topic of several research analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, January 21st. Cantor Fitzgerald lowered their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. Wall Street Zen cut BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Finally, HC Wainwright cut their price target on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, BigBear.ai has a consensus rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Stock Down 2.7%

The stock’s 50 day moving average is $4.39 and its 200 day moving average is $5.72. The company has a market capitalization of $1.45 billion, a PE ratio of -3.06 and a beta of 3.49. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.78 and a current ratio of 1.78.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. BigBear.ai had a negative net margin of 230.21% and a negative return on equity of 18.22%. The business had revenue of $27.30 million during the quarter, compared to analyst estimates of $33.31 million. During the same period in the previous year, the business earned ($0.43) EPS. BigBear.ai’s revenue was down 37.7% compared to the same quarter last year. On average, sell-side analysts anticipate that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Insider Activity at BigBear.ai

In other news, Director Pamela Joyce Braden sold 80,000 shares of BigBear.ai stock in a transaction on Monday, March 16th. The stock was sold at an average price of $4.00, for a total value of $320,000.00. Following the completion of the transaction, the director directly owned 508,687 shares in the company, valued at approximately $2,034,748. The trade was a 13.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC increased its position in shares of BigBear.ai by 617.5% during the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock valued at $29,000 after buying an additional 4,631 shares during the period. CWM LLC boosted its position in shares of BigBear.ai by 237.5% in 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. PNC Financial Services Group Inc. grew its stake in BigBear.ai by 150.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after acquiring an additional 3,392 shares in the last quarter. Hazlett Burt & Watson Inc. grew its stake in BigBear.ai by 3,355.6% during the third quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after acquiring an additional 4,832 shares in the last quarter. Finally, HM Payson & Co. increased its holdings in BigBear.ai by 616.9% during the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock worth $39,000 after acquiring an additional 6,169 shares during the period. Institutional investors 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.