BigBear.ai (NYSE:BBAI) Trading Down 12% – Should You Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s share price dropped 12% during trading on Friday . The stock traded as low as $4.11 and last traded at $4.1990. Approximately 37,481,377 shares traded hands during trading, a decline of 24% from the average daily volume of 49,630,547 shares. The stock had previously closed at $4.77.

Wall Street Analyst Weigh In

BBAI has been the topic of a number of recent analyst reports. Cantor Fitzgerald lowered their price target on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Wall Street Zen upgraded shares of BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. HC Wainwright dropped their target price on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Stock Down 12.0%

The stock has a market cap of $2.01 billion, a price-to-earnings ratio of -4.83 and a beta of 3.27. The business’s 50 day moving average is $3.97 and its 200-day moving average is $4.79. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.08 and a current ratio of 6.08.

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

Insider Transactions at BigBear.ai

In related news, 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 value of $61,650.00. Following the sale, the director directly owned 204,150 shares in the company, valued at approximately $839,056.50. The trade was a 6.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Pamela Joyce Braden sold 80,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $4.00, for a total value of $320,000.00. Following the sale, the director owned 508,687 shares of the company’s stock, valued at $2,034,748. The trade was a 13.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 105,000 shares of company stock valued at $424,950 over the last 90 days. Corporate insiders own 0.57% of the company’s stock.

Institutional Trading of BigBear.ai

A number of hedge funds have recently bought and sold shares of BBAI. Root Financial Partners LLC lifted its stake in BigBear.ai by 617.5% in the 4th 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. increased its holdings in shares of 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. HM Payson & Co. increased its holdings in shares of BigBear.ai by 616.9% in the fourth quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock valued at $39,000 after purchasing an additional 6,169 shares during the last quarter. Hantz Financial Services Inc. lifted its position in BigBear.ai by 2,242.9% during the third quarter. Hantz Financial Services Inc. now owns 8,200 shares of the company’s stock worth $53,000 after buying an additional 7,850 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in BigBear.ai by 218.1% during the third quarter. IFP Advisors Inc now owns 9,559 shares of the company’s stock worth $62,000 after buying an additional 6,554 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.