BigBear.ai (NYSE:BBAI) Posts Quarterly Earnings Results

BigBear.ai (NYSE:BBAI) posted its quarterly earnings results on Thursday. The company reported ($0.05) EPS for the quarter, FiscalAI reports. BigBear.ai had a negative return on equity of 16.02% and a negative net margin of 226.69%.The company had revenue of $36.75 million during the quarter.

BigBear.ai Price Performance

NYSE:BBAI traded up $0.25 during midday trading on Thursday, hitting $2.84. The company had a trading volume of 29,845,013 shares, compared to its average volume of 44,152,816. The company has a market capitalization of $1.36 billion, a PE ratio of -3.26 and a beta of 3.32. The company has a quick ratio of 6.08, a current ratio of 6.08 and a debt-to-equity ratio of 0.01. BigBear.ai has a 52-week low of $2.59 and a 52-week high of $9.39. The stock’s fifty day moving average price is $3.72 and its 200-day moving average price is $4.08.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on BBAI. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research note on Friday, July 17th. Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $5.50.

Insider Transactions at BigBear.ai

In other news, Director Dorothy D. Hayes sold 15,000 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $4.11, for a total value of $61,650.00. Following the completion of the transaction, the director directly owned 204,150 shares in the company, valued at approximately $839,056.50. This represents a 6.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sean Raymond Ricker sold 10,000 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $4.33, for a total value of $43,300.00. Following the transaction, the chief financial officer owned 609,256 shares in the company, valued at $2,638,078.48. This trade represents a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.57% of the company’s stock.

Institutional Trading of BigBear.ai

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in BigBear.ai by 18.4% during the fourth 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 last quarter. UBS Group AG lifted its holdings 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 acquiring an additional 6,158,665 shares during the last quarter. State Street Corp lifted its holdings in shares of BigBear.ai by 33.6% in the 4th quarter. State Street Corp now owns 10,279,145 shares of the company’s stock worth $55,507,000 after acquiring an additional 2,584,278 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of BigBear.ai by 35.9% in the 4th quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock valued at $55,347,000 after purchasing 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 4th quarter valued at $46,675,000. Institutional investors own 7.55% of the company’s stock.

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.