BigBear.ai (NYSE:BBAI) Trading Down 2.4% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price traded down 2.4% during mid-day trading on Wednesday . The company traded as low as $5.89 and last traded at $6.0150. 87,366,630 shares were traded during trading, an increase of 6% from the average session volume of 82,782,492 shares. The stock had previously closed at $6.16.

Wall Street Analysts Forecast Growth

BBAI has been the subject of several recent research reports. Wall Street Zen lowered BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. HC Wainwright reaffirmed a “buy” rating and set a $8.00 price target on shares of BigBear.ai in a research note on Tuesday, November 11th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, January 21st. Finally, Cantor Fitzgerald downgraded BigBear.ai from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $7.00 to $6.00 in a report on Wednesday, January 7th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $6.00.

BigBear.ai Stock Performance

The firm has a fifty day simple moving average of $6.05 and a 200 day simple moving average of $6.32. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.13 and a quick ratio of 3.13. The company has a market cap of $2.20 billion, a price-to-earnings ratio of -3.54 and a beta of 3.46.

BigBear.ai (NYSE:BBAI) last announced its earnings results on Monday, November 10th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.01). BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.The firm had revenue of $33.14 million during the quarter, compared to the consensus estimate of $31.82 million. During the same quarter last year, the business earned ($0.05) EPS. The business’s revenue was down 20.1% compared to the same quarter last year. On average, sell-side analysts expect that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Insider Buying and Selling

In other BigBear.ai news, Director Dorothy D. Hayes sold 22,000 shares of BigBear.ai stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $6.08, for a total value of $133,760.00. Following the transaction, the director directly owned 236,150 shares of the company’s stock, valued at $1,435,792. The trade was a 8.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Sean Raymond Ricker sold 5,000 shares of the stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $7.06, for a total value of $35,300.00. Following the completion of the sale, the chief financial officer directly owned 488,716 shares of the company’s stock, valued at $3,450,334.96. This represents a 1.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On BigBear.ai

Hedge funds have recently made changes to their positions in the stock. Invesco Ltd. raised its holdings in BigBear.ai by 26.4% in the 1st quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock valued at $76,000 after acquiring an additional 5,579 shares in the last quarter. AQR Capital Management LLC acquired a new stake in BigBear.ai during the first quarter worth $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of BigBear.ai by 54.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock valued at $1,306,000 after buying an additional 160,096 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of BigBear.ai by 441.1% during the 1st quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock worth $213,000 after acquiring an additional 60,583 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in shares of BigBear.ai by 569.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock valued at $6,694,000 after acquiring an additional 1,990,822 shares in the last quarter. 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.