BigBear.ai (NYSE:BBAI) Shares Up 4.1% – Time to Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI) was up 4.1% on Wednesday . The stock traded as high as $4.21 and last traded at $4.1020. Approximately 38,108,193 shares changed hands during trading, a decline of 48% from the average daily volume of 73,876,734 shares. The stock had previously closed at $3.94.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on BBAI shares. Wall Street Zen cut BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. HC Wainwright reissued a “buy” rating and issued a $8.00 target price on shares of BigBear.ai in a report on Tuesday, November 11th. Cantor Fitzgerald cut BigBear.ai from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $7.00 to $6.00 in a report on Wednesday, January 7th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $6.00.

BigBear.ai Stock Performance

The firm’s 50 day moving average price is $5.59 and its 200-day moving average price is $6.07. The firm has a market capitalization of $1.79 billion, a PE ratio of -2.89 and a beta of 3.45. The company has a debt-to-equity ratio of 0.18, a quick ratio of 3.13 and a current ratio of 3.13.

Insider Buying and Selling at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 5,000 shares of the business’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $7.06, for a total transaction of $35,300.00. Following the sale, the chief financial officer directly owned 488,716 shares in the company, valued at $3,450,334.96. This represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

A number of hedge funds have recently modified their holdings of BBAI. Root Financial Partners LLC grew its holdings in shares of BigBear.ai by 617.5% during the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after buying an additional 4,631 shares in the last quarter. CWM LLC lifted its stake in shares of BigBear.ai by 237.5% in the 3rd quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after purchasing an additional 3,265 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in BigBear.ai by 150.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock worth $30,000 after buying an additional 3,392 shares during the period. Hazlett Burt & Watson Inc. raised its stake in shares of BigBear.ai by 3,355.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after acquiring an additional 4,832 shares during the period. Finally, HM Payson & Co. lifted its holdings in shares of BigBear.ai by 616.9% during the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock valued at $39,000 after acquiring an additional 6,169 shares in the last quarter. 7.55% of the stock is currently owned by hedge funds and other institutional investors.

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.