BigBear.ai (NYSE:BBAI) Shares Up 4.7% – Time to Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shot up 4.7% during mid-day trading on Wednesday . The stock traded as high as $4.50 and last traded at $4.3750. 59,465,771 shares were traded during mid-day trading, an increase of 22% from the average session volume of 48,672,707 shares. The stock had previously closed at $4.18.

Wall Street Analysts Forecast Growth

BBAI has been the subject of several analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. Cantor Fitzgerald reduced their price objective on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. HC Wainwright decreased their price objective on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Finally, Wall Street Zen raised shares of BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. 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 company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Trading Up 2.6%

The stock has a market capitalization of $2.43 billion, a PE ratio of -5.78 and a beta of 3.25. The firm has a 50-day moving average price of $3.83 and a 200-day moving average price of $4.84. The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01.

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

Insider Buying and Selling

In related 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 value of $61,650.00. Following the sale, the director owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. The trade was a 6.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Pamela Joyce Braden sold 80,000 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $4.00, for a total value of $320,000.00. Following the transaction, the director directly owned 508,687 shares of the company’s stock, valued at approximately $2,034,748. This trade represents a 13.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 105,000 shares of company stock valued at $424,950. 0.57% of the stock is owned by company insiders.

Institutional Investors Weigh In On BigBear.ai

Several large investors have recently added to or reduced their stakes in BBAI. Cantor Fitzgerald L. P. bought a new position in shares of BigBear.ai in the third quarter valued at approximately $1,756,000. M&T Bank Corp bought a new stake in BigBear.ai during the 4th quarter worth approximately $5,576,000. AlphaQuest LLC purchased a new stake in BigBear.ai in the 4th quarter worth approximately $1,925,000. Vanguard Group Inc. lifted its stake in BigBear.ai by 32.6% in the 3rd quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock worth $179,984,000 after purchasing an additional 6,790,890 shares in the last quarter. Finally, UBS Group AG boosted its holdings 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 period. Hedge funds and other institutional investors own 7.55% of the company’s stock.

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.