BigBear.ai (NYSE:BBAI) Trading Up 3.1% – Time to Buy?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) were up 3.1% during trading on Thursday . The company traded as high as $6.28 and last traded at $6.1750. Approximately 59,763,860 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 70,042,500 shares. The stock had previously closed at $5.99.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on BBAI shares. HC Wainwright reiterated a “buy” rating and set a $8.00 price objective 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 report on Wednesday, October 8th. Cantor Fitzgerald downgraded shares of BigBear.ai from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $7.00 to $6.00 in a research note on Wednesday. Finally, Wall Street Zen raised BigBear.ai from a “strong sell” rating to a “hold” rating in a research report on Saturday, November 15th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, BigBear.ai has an average rating of “Hold” and an average target price of $6.00.

BigBear.ai Stock Up 3.1%

The firm has a 50-day simple moving average of $6.08 and a 200 day simple moving average of $6.40. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.13 and a quick ratio of 3.13. The stock has a market capitalization of $2.70 billion, a P/E ratio of -4.35 and a beta of 3.46.

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

Insiders Place Their Bets

In other news, CFO Sean Raymond Ricker sold 5,000 shares of the firm’s stock in a transaction that occurred 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 sale, the chief financial officer owned 488,716 shares of the company’s stock, valued at $3,450,334.96. This trade represents a 1.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Dorothy D. Hayes sold 22,000 shares of the firm’s stock in a transaction dated 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 sale, the director owned 236,150 shares of the company’s stock, valued at approximately $1,435,792. This represents a 8.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Flaharty Asset Management LLC purchased a new position in BigBear.ai in the first quarter worth $26,000. CWM LLC raised its stake in shares of BigBear.ai by 237.5% during the 3rd quarter. CWM LLC now owns 4,640 shares of the company’s stock worth $30,000 after purchasing an additional 3,265 shares during the period. Hazlett Burt & Watson Inc. raised its stake in shares of BigBear.ai by 3,355.6% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock worth $32,000 after purchasing an additional 4,832 shares during the period. Nisa Investment Advisors LLC boosted its holdings in shares of BigBear.ai by 68.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock worth $42,000 after buying an additional 2,527 shares during the last quarter. Finally, Hantz Financial Services Inc. grew 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 valued at $53,000 after buying an additional 7,850 shares during the period. Institutional investors 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.