BigBear.ai (NYSE:BBAI) Trading Up 3.7% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares were up 3.7% on Monday . The stock traded as high as $3.65 and last traded at $3.6080. 29,606,929 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 47,575,445 shares. The stock had previously closed at $3.48.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research report on Monday, April 20th. Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. HC Wainwright reduced their price objective on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Finally, Cantor Fitzgerald decreased their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, BigBear.ai presently has a consensus rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Stock Up 3.7%

The firm’s 50-day moving average price is $4.12 and its 200-day moving average price is $4.55. 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 company has a market cap of $1.73 billion, a price-to-earnings ratio of -4.15 and a beta of 3.27.

Insiders Place Their Bets

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of the business’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 owned 609,256 shares in the company, valued at $2,638,078.48. The trade was a 1.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of the business’s 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 transaction, the director owned 204,150 shares in the company, valued at approximately $839,056.50. This represents a 6.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.57% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BigBear.ai

A number of large investors have recently modified their holdings of BBAI. Root Financial Partners LLC lifted its position in BigBear.ai by 617.5% during the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after acquiring an additional 4,631 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in BigBear.ai by 150.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock worth $30,000 after buying an additional 3,392 shares in the last quarter. HM Payson & Co. boosted its position in BigBear.ai by 616.9% in the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock valued at $39,000 after buying an additional 6,169 shares during the last quarter. IFP Advisors Inc boosted its position in BigBear.ai by 218.1% in the 3rd quarter. IFP Advisors Inc now owns 9,559 shares of the company’s stock valued at $62,000 after buying an additional 6,554 shares during the last quarter. Finally, Hodges Capital Management Inc. acquired a new stake in shares of BigBear.ai during the fourth quarter valued at about $54,000. 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.