BigBear.ai (NYSE:BBAI) Stock Price Down 5.1% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price dropped 5.1% during trading on Monday . The company traded as low as $4.78 and last traded at $4.7850. Approximately 48,660,763 shares changed hands during trading, a decline of 41% from the average daily volume of 82,277,172 shares. The stock had previously closed at $5.04.

Analysts Set New Price Targets

A number of research analysts have issued reports on BBAI shares. Wall Street Zen lowered shares of BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. HC Wainwright reiterated a “buy” rating and issued a $8.00 price target on shares of BigBear.ai in a research note on Tuesday, November 11th. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, January 21st. Finally, Cantor Fitzgerald cut BigBear.ai from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $7.00 to $6.00 in a report on Wednesday, January 7th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, BigBear.ai presently has a consensus rating of “Hold” and a consensus target price of $6.00.

BigBear.ai Price Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 3.13 and a current ratio of 3.13. The company has a market cap of $2.09 billion, a price-to-earnings ratio of -3.37 and a beta of 3.45. The business has a fifty day moving average price of $6.05 and a 200 day moving average price of $6.31.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings data on Monday, November 10th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.01). The business had revenue of $33.14 million during the quarter, compared to analyst estimates of $31.82 million. BigBear.ai had a negative net margin of 274.70% and a negative return on equity of 26.11%. The business’s quarterly revenue was down 20.1% compared to the same quarter last year. During the same period last year, the business earned ($0.05) earnings per share. As a group, research analysts anticipate that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Sean Raymond Ricker sold 5,000 shares of the company’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $7.06, for a total transaction of $35,300.00. Following the completion of the transaction, the chief financial officer directly owned 488,716 shares in the company, valued at approximately $3,450,334.96. This represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dorothy D. Hayes sold 22,000 shares of the stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total value of $133,760.00. Following the completion of the transaction, the director owned 236,150 shares of the company’s stock, valued at $1,435,792. The trade was a 8.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.54% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On BigBear.ai

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its position in BigBear.ai by 18.4% in the fourth quarter. Vanguard Group Inc. now owns 32,695,344 shares of the company’s stock valued at $176,555,000 after purchasing an additional 5,090,508 shares during the last quarter. UBS Group AG raised its holdings in BigBear.ai by 145.7% in the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after buying an additional 6,158,665 shares during the last quarter. Jump Financial LLC bought a new position in BigBear.ai in the 2nd quarter valued at approximately $37,407,000. Geode Capital Management LLC boosted its position in BigBear.ai by 125.2% during the 2nd quarter. Geode Capital Management LLC now owns 5,074,311 shares of the company’s stock worth $34,456,000 after buying an additional 2,820,698 shares during the period. Finally, Two Sigma Investments LP grew its holdings in BigBear.ai by 165.5% during the 3rd quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock worth $31,974,000 after acquiring an additional 3,056,597 shares during the last quarter. Institutional investors and hedge funds 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.