BigBear.ai (NYSE:BBAI) Trading Down 2.7% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price dropped 2.7% during trading on Monday . The stock traded as low as $3.77 and last traded at $3.8150. 30,695,812 shares changed hands during mid-day trading, a decline of 36% from the average session volume of 48,121,391 shares. The stock had previously closed at $3.92.

Wall Street Analysts Forecast Growth

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

BigBear.ai Trading Down 6.2%

The business’s 50 day simple moving average is $4.12 and its two-hundred day simple moving average is $4.62. The stock has a market cap of $1.69 billion, a P/E ratio of -4.06 and a beta of 3.27. 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 Transactions at BigBear.ai

In other news, CFO Sean Raymond Ricker sold 10,000 shares of the company’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 completion of the transaction, the chief financial officer owned 609,256 shares of the company’s stock, valued at $2,638,078.48. This represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of the firm’s 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 transaction, the director owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. This trade represents a 6.84% decrease in their position. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On BigBear.ai

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cantor Fitzgerald L. P. bought a new stake in shares of BigBear.ai in the third quarter worth $1,756,000. M&T Bank Corp bought a new position in BigBear.ai during the 4th quarter worth $5,576,000. AlphaQuest LLC acquired a new position in BigBear.ai during the 4th quarter worth about $1,925,000. Vanguard Group Inc. lifted its holdings in BigBear.ai by 32.6% during the 3rd quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock worth $179,984,000 after buying an additional 6,790,890 shares during the period. Finally, 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 buying an additional 6,158,665 shares during the last quarter. 7.55% of the stock is currently owned by institutional investors and hedge funds.

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.