BigBear.ai Holdings, Inc. (NYSE:BBAI – Get Free Report)’s share price was up 2.5% on Monday . The stock traded as high as $4.49 and last traded at $4.3050. Approximately 34,072,501 shares were traded during trading, a decline of 31% from the average daily volume of 49,493,227 shares. The stock had previously closed at $4.20.
Analyst Ratings Changes
Several research analysts have recently weighed in on BBAI shares. Cantor Fitzgerald lowered their price objective on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. 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 report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. Finally, Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, BigBear.ai has an average rating of “Hold” and an average price target of $5.50.
View Our Latest Stock Analysis on BigBear.ai
BigBear.ai Stock Up 2.5%
Insider Buying and Selling at BigBear.ai
In other BigBear.ai news, Director Pamela Joyce Braden sold 80,000 shares of the stock in a transaction 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 transaction, the director owned 508,687 shares in the company, valued at $2,034,748. This trade represents a 13.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Sean Raymond Ricker sold 10,000 shares of the stock in a transaction on Friday, May 22nd. The stock was 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. The trade was a 1.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 105,000 shares of company stock valued at $424,950 in the last quarter. 0.57% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in BBAI. Root Financial Partners LLC increased its position in BigBear.ai by 617.5% during the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after buying an additional 4,631 shares during the period. PNC Financial Services Group Inc. increased its position in BigBear.ai by 150.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock worth $30,000 after buying an additional 3,392 shares during the period. HM Payson & Co. increased its position in BigBear.ai by 616.9% during the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock worth $39,000 after buying an additional 6,169 shares during the period. Hollencrest Capital Management bought a new position in BigBear.ai during the 1st quarter worth $41,000. Finally, Krilogy Financial LLC bought a new position in BigBear.ai during the 1st quarter worth $43,000. 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.
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