BigBear.ai (NYSE:BBAI) Stock Price Down 3.6% – Should You Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares dropped 3.6% during trading on Thursday . The stock traded as low as $3.36 and last traded at $3.3950. Approximately 31,822,252 shares were traded during mid-day trading, a decline of 33% from the average session volume of 47,771,383 shares. The stock had previously closed at $3.52.

Analysts Set New Price Targets

Several research firms recently issued reports on BBAI. Cantor Fitzgerald reduced their price target on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. HC Wainwright cut their target price on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. Finally, Wall Street Zen raised shares of BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. One research 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’s stock. Based on data from MarketBeat.com, BigBear.ai currently has a consensus rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Stock Performance

The business has a fifty day moving average of $4.12 and a 200-day moving average of $4.56. The company has a market cap of $1.67 billion, a PE ratio of -4.02 and a beta of 3.27. The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01.

Insider Buying and Selling

In related 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 transaction of $43,300.00. Following the completion of the transaction, the chief financial officer owned 609,256 shares in the company, valued at $2,638,078.48. This represents a 1.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of the company’s stock in a transaction on Friday, May 8th. The stock was 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 $839,056.50. This trade represents a 6.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On BigBear.ai

Several hedge funds have recently made changes to their positions in BBAI. Vanguard Group Inc. lifted its position in BigBear.ai by 18.4% during the 4th quarter. Vanguard Group Inc. now owns 32,695,344 shares of the company’s stock valued at $176,555,000 after acquiring an additional 5,090,508 shares during the period. UBS Group AG boosted 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 worth $56,089,000 after purchasing an additional 6,158,665 shares in the last quarter. State Street Corp raised its stake in BigBear.ai by 33.6% during the fourth quarter. State Street Corp now owns 10,279,145 shares of the company’s stock valued at $55,507,000 after buying an additional 2,584,278 shares during the last quarter. Geode Capital Management LLC boosted its holdings in BigBear.ai by 35.9% in the fourth quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock worth $55,347,000 after acquiring an additional 2,706,195 shares in the last quarter. Finally, Van ECK Associates Corp purchased a new stake in shares of BigBear.ai in the fourth quarter worth $46,675,000. 7.55% of the stock is currently owned by 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.