BigBear.ai Target of Unusually High Options Trading (NYSE:BBAI)

BigBear.ai Holdings, Inc. (NYSE:BBAI) saw some unusual options trading activity on Tuesday. Traders acquired 116,519 call options on the stock. This represents an increase of approximately 73% compared to the typical volume of 67,407 call options.

Insiders Place Their Bets

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

Institutional Investors Weigh In On BigBear.ai

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on BBAI shares. Cantor Fitzgerald cut their target price on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Wall Street Zen lowered shares of BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research report on Monday, April 20th. Finally, HC Wainwright cut their target price on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $5.50.

BigBear.ai Price Performance

BBAI stock opened at $3.81 on Thursday. The firm has a 50 day moving average of $3.75 and a 200-day moving average of $5.22. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 0.16. BigBear.ai has a 12 month low of $2.96 and a 12 month high of $9.39. The firm has a market capitalization of $1.82 billion, a P/E ratio of -3.81 and a beta of 3.47.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 230.21% and a negative return on equity of 18.22%. BigBear.ai’s revenue was down 37.7% compared to the same quarter last year. During the same period last year, the business earned ($0.43) earnings per share. As a group, sell-side analysts predict that BigBear.ai will post -0.3 earnings per share for the current fiscal year.

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.