BigBear.ai (NYSE:BBAI) Trading Down 5.2% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares dropped 5.2% on Wednesday . The stock traded as low as $4.69 and last traded at $4.8430. Approximately 51,323,466 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 49,804,477 shares. The stock had previously closed at $5.11.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. HC Wainwright dropped their price target on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Cantor Fitzgerald decreased their price objective on shares of 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 shares of BigBear.ai from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research report on Monday, April 20th. One 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Price Performance

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

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, beating 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 during the quarter, compared to analysts’ expectations of $33.31 million. During the same period in the prior year, the business earned ($0.43) earnings per share. BigBear.ai’s revenue for the quarter was down 37.7% compared to the same quarter last year. As a group, equities research analysts expect that BigBear.ai Holdings, Inc. will post -0.2 EPS for the current year.

Insider Transactions at BigBear.ai

In related news, Director Pamela Joyce Braden sold 80,000 shares of BigBear.ai stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $4.00, for a total transaction of $320,000.00. Following the sale, the director directly owned 508,687 shares of the company’s stock, valued at $2,034,748. This trade represents a 13.59% 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, CFO Sean Raymond Ricker sold 10,000 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $4.33, for a total value of $43,300.00. Following the transaction, the chief financial officer owned 609,256 shares in the company, valued at $2,638,078.48. This represents a 1.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 105,000 shares of company stock worth $424,950. 0.57% of the stock is currently owned by company insiders.

Institutional Trading of BigBear.ai

A number of institutional investors and hedge funds have recently modified their holdings of BBAI. Invesco Ltd. lifted its position in BigBear.ai by 26.4% in the first quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock worth $76,000 after purchasing an additional 5,579 shares during the period. AQR Capital Management LLC acquired a new stake in BigBear.ai during the first quarter worth $88,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in BigBear.ai by 54.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 456,661 shares of the company’s stock valued at $1,306,000 after buying an additional 160,096 shares during the period. NewEdge Advisors LLC increased its holdings in BigBear.ai by 441.1% in the 1st quarter. NewEdge Advisors LLC now owns 74,318 shares of the company’s stock valued at $213,000 after buying an additional 60,583 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in shares of BigBear.ai by 569.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock valued at $6,694,000 after buying an additional 1,990,822 shares in the last quarter. 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.