BigBear.ai (NYSE:BBAI) Trading Down 5.1% – Time to Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price fell 5.1% during mid-day trading on Friday . The company traded as low as $3.13 and last traded at $3.1510. 25,007,604 shares traded hands during trading, a decline of 56% from the average session volume of 56,802,566 shares. The stock had previously closed at $3.32.

Wall Street Analysts Forecast Growth

BBAI has been the subject of several research analyst reports. Cantor Fitzgerald reduced their price objective on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. HC Wainwright lowered their target price on shares of 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 reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, January 21st. Finally, Wall Street Zen lowered shares of BigBear.ai from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, BigBear.ai presently has a consensus rating of “Hold” and an average target price of $5.50.

BigBear.ai Price Performance

The firm has a fifty day moving average price of $4.39 and a two-hundred day moving average price of $5.71. The stock has a market capitalization of $1.50 billion, a P/E ratio of -3.15 and a beta of 3.49. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.78 and a current ratio of 1.78.

BigBear.ai (NYSE:BBAI) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.04. The company had revenue of $27.30 million during the quarter, compared to analyst estimates of $33.31 million. BigBear.ai had a negative return on equity of 18.22% and a negative net margin of 230.21%.BigBear.ai’s revenue was down 37.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.43) earnings per share. As a group, analysts expect that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Insider Transactions at BigBear.ai

In other BigBear.ai news, Director Pamela Joyce Braden sold 80,000 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $4.00, for a total transaction of $320,000.00. Following the completion of the sale, the director directly owned 508,687 shares in the company, valued at $2,034,748. The trade was a 13.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Institutional investors have recently made changes to their positions in the business. Invesco Ltd. grew its position in BigBear.ai by 26.4% during the first quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock valued at $76,000 after buying an additional 5,579 shares during the period. AQR Capital Management LLC purchased a new stake in BigBear.ai during the first quarter valued at approximately $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in BigBear.ai by 54.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock worth $1,306,000 after acquiring an additional 160,096 shares during the period. NewEdge Advisors LLC boosted its stake in shares of BigBear.ai by 441.1% during the 1st quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock worth $213,000 after acquiring an additional 60,583 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of BigBear.ai by 569.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock worth $6,694,000 after acquiring an additional 1,990,822 shares during the last quarter. 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.