BigBear.ai (NYSE:BBAI) Trading Up 7.1% – Time to Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI) was up 7.1% during trading on Wednesday . The company traded as high as $4.11 and last traded at $4.1110. Approximately 8,298,003 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 48,022,824 shares. The stock had previously closed at $3.84.

Wall Street Analyst Weigh In

A number of research analysts have commented on BBAI shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Cantor Fitzgerald reduced their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Finally, HC Wainwright reduced their target price on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Trading Up 6.9%

The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of -4.72 and a beta of 3.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.08 and a current ratio of 6.08. The firm has a fifty day moving average price of $3.79 and a 200-day moving average price of $4.93.

BigBear.ai (NYSE:BBAI) last released its earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 16.02% and a negative net margin of 226.69%.The company had revenue of $27.30 million for the quarter, compared to analyst estimates of $33.31 million. During the same period in the prior year, the firm posted ($0.43) EPS. BigBear.ai’s quarterly revenue was down 37.7% on a year-over-year basis. As a group, equities analysts anticipate that BigBear.ai Holdings, Inc. will post -0.2 EPS for the current year.

Insider Buying and Selling at BigBear.ai

In related news, Director Pamela Joyce Braden sold 80,000 shares of the company’s 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 completion of the sale, the director directly owned 508,687 shares in the company, valued at $2,034,748. This represents a 13.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dorothy D. Hayes sold 15,000 shares of the company’s stock in a transaction on Friday, May 8th. The stock was 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 of the company’s stock, valued at approximately $839,056.50. This represents a 6.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On BigBear.ai

Several large investors have recently bought and sold shares of the company. Amundi bought a new position in BigBear.ai in the first quarter valued at about $74,000. California State Teachers Retirement System increased its stake in shares of BigBear.ai by 30.4% in the first quarter. California State Teachers Retirement System now owns 541,731 shares of the company’s stock valued at $1,907,000 after buying an additional 126,303 shares during the period. Empowered Funds LLC acquired a new stake in shares of BigBear.ai in the first quarter valued at about $53,000. Quantinno Capital Management LP increased its stake in shares of BigBear.ai by 108.0% in the first quarter. Quantinno Capital Management LP now owns 34,010 shares of the company’s stock valued at $120,000 after buying an additional 17,660 shares during the period. Finally, Themes Management Co LLC increased its stake in shares of BigBear.ai by 62.0% in the first quarter. Themes Management Co LLC now owns 340,097 shares of the company’s stock valued at $1,197,000 after buying an additional 130,193 shares during the period. 7.55% of the stock is currently owned by 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.