BigBear.ai (NYSE:BBAI) Shares Up 4.1% – Should You Buy?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) shot up 4.1% on Thursday . The stock traded as high as $4.03 and last traded at $3.9750. 37,852,305 shares traded hands during trading, a decline of 24% from the average session volume of 49,818,039 shares. The stock had previously closed at $3.82.

Analyst Upgrades and Downgrades

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

BigBear.ai Stock Up 4.1%

The firm has a 50 day moving average of $3.75 and a 200 day moving average of $5.22. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of -3.98 and a beta of 3.47. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.16.

BigBear.ai (NYSE:BBAI) last released its earnings results on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 18.22% and a negative net margin of 230.21%.The business had revenue of $27.30 million during the quarter, compared to analysts’ expectations of $33.31 million. During the same quarter last year, the firm posted ($0.43) earnings per share. The firm’s revenue was down 37.7% on a year-over-year basis. As a group, sell-side analysts predict that BigBear.ai Holdings, Inc. will post -0.3 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Pamela Joyce Braden sold 80,000 shares of the firm’s stock in a transaction that occurred on 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 owned 508,687 shares of the company’s stock, valued at $2,034,748. This trade represents a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.54% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. CWM LLC boosted its holdings in BigBear.ai by 237.5% in 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. Hazlett Burt & Watson Inc. increased its holdings 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 valued at $32,000 after acquiring an additional 4,832 shares in the last quarter. Root Financial Partners LLC increased 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 valued at $29,000 after acquiring an additional 4,631 shares in the last quarter. PNC Financial Services Group Inc. raised its position 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 purchasing an additional 3,392 shares during the period. Finally, HM Payson & Co. lifted its holdings in shares of BigBear.ai by 616.9% in the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock worth $39,000 after purchasing an additional 6,169 shares in the last quarter. 7.55% of the stock is owned by institutional investors and hedge funds.

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.