BigBear.ai (NYSE:BBAI) Trading Up 2.9% – Time to Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI) traded up 2.9% on Thursday . The stock traded as high as $4.15 and last traded at $4.1350. 29,944,525 shares were traded during trading, a decline of 39% from the average session volume of 49,150,824 shares. The stock had previously closed at $4.02.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Cantor Fitzgerald reduced their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. HC Wainwright dropped their price target on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Finally, Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Price Performance

The stock has a market capitalization of $1.98 billion, a P/E ratio of -4.75 and a beta of 3.27. The business’s 50 day simple moving average is $4.04 and its two-hundred day simple moving average is $4.75. The company has a quick ratio of 6.08, a current ratio of 6.08 and a debt-to-equity ratio of 0.01.

Insider Buying and Selling

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $4.33, for a total transaction of $43,300.00. Following the completion of the sale, the chief financial officer directly owned 609,256 shares of the company’s stock, valued at approximately $2,638,078.48. The trade was a 1.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $4.11, for a total value of $61,650.00. Following the completion of the sale, the director directly owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. This trade represents a 6.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 105,000 shares of company stock worth $424,950 in the last quarter. Insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its holdings in BigBear.ai by 6.4% during the fourth quarter. Farther Finance Advisors LLC now owns 31,207 shares of the company’s stock worth $169,000 after purchasing an additional 1,865 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of BigBear.ai by 11.8% during the 1st quarter. Principal Financial Group Inc. now owns 22,698 shares of the company’s stock worth $80,000 after acquiring an additional 2,391 shares during the period. PNC Financial Services Group Inc. grew its stake in BigBear.ai by 150.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after buying an additional 3,392 shares in the last quarter. NewEdge Advisors LLC grew its holdings in BigBear.ai by 3.4% during the 4th quarter. NewEdge Advisors LLC now owns 124,239 shares of the company’s stock valued at $671,000 after buying an additional 4,073 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its stake in BigBear.ai by 29.2% during the first quarter. Kestra Advisory Services LLC now owns 18,424 shares of the company’s stock valued at $65,000 after acquiring an additional 4,159 shares in the last quarter. 7.55% of the stock is owned by hedge funds and other 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.