BigBear.ai (NYSE:BBAI) Shares Up 3.9% – Should You Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s share price shot up 3.9% during trading on Thursday . The stock traded as high as $4.38 and last traded at $4.3750. 37,085,686 shares were traded during trading, a decline of 24% from the average session volume of 49,062,980 shares. The stock had previously closed at $4.21.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BBAI. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. HC Wainwright cut their price target on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Cantor Fitzgerald cut their price objective on 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, Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $5.50.

BigBear.ai Price Performance

The company has a 50-day simple moving average of $3.80 and a 200-day simple moving average of $4.98. The stock has a market cap of $1.96 billion, a PE ratio of -4.70 and a beta of 3.25. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.08 and a quick ratio of 6.08.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.04. The firm had revenue of $27.30 million during the quarter, compared to analysts’ expectations of $33.31 million. BigBear.ai had a negative return on equity of 16.02% and a negative net margin of 226.69%.BigBear.ai’s revenue was down 37.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.43) earnings per share. Sell-side analysts anticipate that BigBear.ai Holdings, Inc. will post -0.2 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Pamela Joyce Braden sold 80,000 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $4.00, for a total value 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 filing with the SEC, which is available through the SEC website. Also, Director Dorothy D. Hayes sold 15,000 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $4.11, for a total value of $61,650.00. Following the completion of the transaction, the director owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. This represents a 6.84% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC increased its position in shares of 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 buying an additional 4,631 shares in the last quarter. CWM LLC increased its position in shares of BigBear.ai by 237.5% in the third quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after buying an additional 3,265 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of BigBear.ai by 150.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after buying an additional 3,392 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of BigBear.ai by 3,355.6% in the third quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after buying an additional 4,832 shares in the last quarter. Finally, HM Payson & Co. boosted 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 valued at $39,000 after acquiring an additional 6,169 shares during the last quarter. Hedge funds and other 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.