BigBear.ai (NYSE:BBAI) Sets New 1-Year Low – Here’s What Happened

BigBear.ai Holdings, Inc. (NYSE:BBAI) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $2.99 and last traded at $3.0250, with a volume of 8630452 shares trading hands. The stock had previously closed at $3.14.

Analyst Ratings Changes

A number of equities research analysts have weighed in on BBAI shares. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. Wall Street Zen upgraded shares of BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $5.50.

BigBear.ai Price Performance

The company has a quick ratio of 6.08, a current ratio of 6.08 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $1.41 billion, a PE ratio of -3.37 and a beta of 3.32. The firm’s fifty day simple moving average is $3.98 and its 200-day simple moving average is $4.29.

Insider Activity at BigBear.ai

In related news, CFO Sean Raymond Ricker sold 10,000 shares of the company’s stock in a transaction that occurred 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 directly owned 609,256 shares of the company’s stock, valued at approximately $2,638,078.48. This represents a 1.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of the 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 sale, the director owned 204,150 shares in the company, valued at approximately $839,056.50. This represents a 6.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Van ECK Associates Corp bought a new position in BigBear.ai during the 4th quarter valued at about $46,675,000. UBS Group AG grew its stake in shares of BigBear.ai by 145.7% in the fourth 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 period. Vanguard Group Inc. grew its stake in shares of BigBear.ai by 18.4% in the fourth quarter. Vanguard Group Inc. now owns 32,695,344 shares of the company’s stock worth $176,555,000 after acquiring an additional 5,090,508 shares during the period. Two Sigma Investments LP raised its holdings in shares of BigBear.ai by 165.5% during the third quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock valued at $31,974,000 after purchasing an additional 3,056,597 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of BigBear.ai by 35.9% during the fourth 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 during the last quarter. 7.55% of the stock is owned by institutional investors.

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.