BigBear.ai (NYSE:BBAI) Shares Down 1% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares were down 1% on Wednesday . The company traded as low as $3.61 and last traded at $3.6330. Approximately 22,803,349 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 47,238,410 shares. The stock had previously closed at $3.67.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Cantor Fitzgerald cut their price target on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, HC Wainwright lowered their price target on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. 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 stock. Based on data from MarketBeat, BigBear.ai presently has an average rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Stock Performance

The company has a market cap of $1.74 billion, a PE ratio of -4.18 and a beta of 3.27. The firm’s fifty day moving average is $4.11 and its 200 day moving average is $4.50. 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 Activity

In other news, CFO Sean Raymond Ricker sold 10,000 shares of BigBear.ai 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 sale, 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Dorothy D. Hayes sold 15,000 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $4.11, for a total transaction of $61,650.00. Following the sale, the director directly owned 204,150 shares of the company’s stock, valued at $839,056.50. This represents a 6.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is owned by company insiders.

Institutional Investors Weigh In On BigBear.ai

Several large investors have recently bought and sold shares of BBAI. Invesco Ltd. lifted its position in shares of BigBear.ai by 26.4% in the first 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 purchased a new stake in shares of BigBear.ai during the first quarter worth approximately $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of BigBear.ai by 54.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock worth $1,306,000 after purchasing an additional 160,096 shares in the last quarter. NewEdge Advisors LLC raised its stake in BigBear.ai by 441.1% in the 1st quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock valued at $213,000 after purchasing an additional 60,583 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in BigBear.ai by 569.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock valued at $6,694,000 after purchasing an additional 1,990,822 shares during the last quarter. 7.55% of the stock is currently owned by hedge funds and other institutional investors.

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.