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

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

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BBAI. Wall Street Zen raised shares of BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $5.50.

Read Our Latest Stock Analysis on BBAI

BigBear.ai Price Performance

The stock has a market capitalization of $1.36 billion, a PE ratio of -3.27 and a beta of 3.32. The firm’s 50-day moving average price is $3.93 and its 200-day moving average price is $4.26. The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01.

Insiders Place Their Bets

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of BigBear.ai stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $4.33, for a total transaction of $43,300.00. Following the completion of the transaction, the chief financial officer directly owned 609,256 shares of the company’s stock, valued at $2,638,078.48. The trade was a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of BigBear.ai 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 transaction, the director directly 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. 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

Hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC grew its stake in BigBear.ai by 617.5% in the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after purchasing an additional 4,631 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in BigBear.ai by 150.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after purchasing an additional 3,392 shares during the last quarter. A&I Financial Services LLC acquired a new position in shares of BigBear.ai during the second quarter worth $37,000. HM Payson & Co. increased its holdings in shares of BigBear.ai by 616.9% during the fourth quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock valued at $39,000 after acquiring an additional 6,169 shares in the last quarter. Finally, Hollencrest Capital Management purchased a new position in shares of BigBear.ai in the first quarter worth $41,000. 7.55% of the stock is currently owned by institutional investors.

BigBear.ai Company Profile

(Get Free Report)

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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