BigBear.ai (NYSE:BBAI) Trading 2.6% Higher – Time to Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price traded up 2.6% during mid-day trading on Friday . The stock traded as high as $5.16 and last traded at $5.0670. 105,650,714 shares were traded during trading, an increase of 114% from the average session volume of 49,445,418 shares. The stock had previously closed at $4.94.

Analysts Set New Price Targets

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

BigBear.ai Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 6.08 and a quick ratio of 6.08. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of -5.82 and a beta of 3.25. The stock’s 50 day simple moving average is $3.83 and its 200-day simple moving average is $4.84.

BigBear.ai (NYSE:BBAI) last posted its earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. BigBear.ai had a negative net margin of 226.69% and a negative return on equity of 16.02%. The firm had revenue of $27.30 million during the quarter, compared to analysts’ expectations of $33.31 million. During the same period in the previous year, the company earned ($0.43) earnings per share. The company’s revenue was down 37.7% compared to the same quarter last year. On average, analysts expect that BigBear.ai Holdings, Inc. will post -0.2 EPS for the current fiscal year.

Insider Buying and Selling at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $4.33, for a total transaction of $43,300.00. Following the transaction, the chief financial officer directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Pamela Joyce Braden sold 80,000 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $4.00, for a total value of $320,000.00. Following the transaction, the director owned 508,687 shares in the company, valued at approximately $2,034,748. This trade represents a 13.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 105,000 shares of company stock worth $424,950 over the last three months. Corporate insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Several institutional investors have recently bought and sold shares of BBAI. Van ECK Associates Corp bought a new position in BigBear.ai during the fourth quarter valued at about $46,675,000. Vanguard Group Inc. raised its holdings in BigBear.ai by 32.6% during the third quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock valued at $179,984,000 after buying an additional 6,790,890 shares in the last quarter. UBS Group AG raised its holdings in BigBear.ai by 145.7% during the fourth 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 in the last quarter. Two Sigma Investments LP raised its holdings in 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 buying an additional 3,056,597 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in 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 buying an additional 2,706,195 shares in the last quarter. 7.55% of the stock is currently 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.