BigBear.ai (NYSE:BBAI) Trading Down 4% – Time to Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares dropped 4% during trading on Monday . The stock traded as low as $3.81 and last traded at $3.9150. Approximately 32,273,869 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 48,728,113 shares. The stock had previously closed at $4.08.

Wall Street Analysts Forecast Growth

BBAI has been the subject of a number of recent analyst reports. HC Wainwright dropped their price target on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a report on Tuesday, March 3rd. Cantor Fitzgerald reduced their price objective 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 upgraded BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. One 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 company. Based on data from MarketBeat.com, BigBear.ai currently has a consensus rating of “Hold” and an average target price of $5.50.

BigBear.ai Price Performance

The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of -4.50 and a beta of 3.25. The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average price of $3.80 and a 200 day moving average price of $4.97.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.04. The business had revenue of $27.30 million for the quarter, compared to analysts’ expectations of $33.31 million. BigBear.ai had a negative return on equity of 16.02% and a negative net margin of 226.69%.The firm’s quarterly revenue was down 37.7% compared to the same quarter last year. During the same quarter last year, the business earned ($0.43) earnings per share. As a group, equities research analysts forecast that BigBear.ai Holdings, Inc. will post -0.2 earnings per share for the current year.

Insider Activity at BigBear.ai

In other news, Director Dorothy D. Hayes sold 15,000 shares of BigBear.ai stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $4.11, for a total transaction of $61,650.00. Following the completion of the sale, the director owned 204,150 shares in the company, valued at $839,056.50. The trade was a 6.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Pamela Joyce Braden sold 80,000 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $4.00, for a total transaction of $320,000.00. Following the completion of the transaction, the director owned 508,687 shares in the company, valued at $2,034,748. This represents a 13.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.57% of the stock is owned by insiders.

Institutional Investors Weigh In On BigBear.ai

A number of institutional investors have recently made changes to their positions in BBAI. Van ECK Associates Corp acquired a new position in BigBear.ai in the fourth quarter valued at about $46,675,000. Vanguard Group Inc. grew its stake in 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 acquiring an additional 6,790,890 shares during the period. UBS Group AG grew its stake in BigBear.ai by 145.7% in the fourth quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after acquiring an additional 6,158,665 shares during the period. Two Sigma Investments LP increased its holdings in shares of 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 acquiring an additional 3,056,597 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of BigBear.ai by 35.9% during the fourth quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock worth $55,347,000 after purchasing an additional 2,706,195 shares during the period. 7.55% of the stock is 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.