BigBear.ai (NYSE:BBAI) Stock Price Down 2.1% – Here’s Why

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) were down 2.1% during mid-day trading on Tuesday . The company traded as low as $3.86 and last traded at $3.9650. Approximately 28,912,498 shares were traded during trading, a decline of 41% from the average session volume of 48,595,840 shares. The stock had previously closed at $4.05.

Analyst Ratings Changes

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

BigBear.ai Stock Up 0.9%

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 firm’s 50 day simple moving average is $4.08 and its 200-day simple moving average is $4.68. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of -4.50 and a beta of 3.27.

Insider Activity

In other BigBear.ai news, Director Dorothy D. Hayes sold 15,000 shares of the firm’s 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 transaction, the director directly owned 204,150 shares in the company, valued at $839,056.50. This trade represents a 6.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 value of $43,300.00. Following the transaction, the chief financial officer directly owned 609,256 shares in the company, valued at $2,638,078.48. This trade represents a 1.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is owned by company insiders.

Institutional Investors Weigh In On BigBear.ai

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in BigBear.ai by 18.4% during the fourth quarter. Vanguard Group Inc. now owns 32,695,344 shares of the company’s stock worth $176,555,000 after buying an additional 5,090,508 shares during the last quarter. UBS Group AG grew its position in shares of 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 acquiring an additional 6,158,665 shares during the period. State Street Corp increased its stake in shares of BigBear.ai by 33.6% during the 4th quarter. State Street Corp now owns 10,279,145 shares of the company’s stock worth $55,507,000 after purchasing an additional 2,584,278 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of BigBear.ai by 35.9% in the 4th quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock valued at $55,347,000 after purchasing an additional 2,706,195 shares during the period. Finally, Van ECK Associates Corp bought a new stake in shares of BigBear.ai in the 4th quarter valued at about $46,675,000. Institutional investors and hedge funds 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.