BigBear.ai (NYSE:BBAI) Shares Down 3.8% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI) dropped 3.8% during trading on Monday . The stock traded as low as $3.67 and last traded at $3.7150. Approximately 36,934,543 shares traded hands during trading, a decline of 48% from the average daily volume of 70,781,477 shares. The stock had previously closed at $3.86.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on BBAI. HC Wainwright restated a “buy” rating and set a $8.00 price objective on shares of BigBear.ai in a report on Tuesday, November 11th. Cantor Fitzgerald downgraded shares of BigBear.ai from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $7.00 to $6.00 in a research report on Wednesday, January 7th. Wall Street Zen cut shares of BigBear.ai from a “hold” rating to a “sell” rating in a research report on Saturday, January 10th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, BigBear.ai presently has a consensus rating of “Hold” and a consensus price target of $6.00.

BigBear.ai Price Performance

The stock has a market capitalization of $1.62 billion, a PE ratio of -2.62 and a beta of 3.45. The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.18. The stock’s 50-day moving average is $5.44 and its 200 day moving average is $6.01.

Insider Buying and Selling at BigBear.ai

In related news, CFO Sean Raymond Ricker sold 5,000 shares of the stock in a transaction on Thursday, December 4th. The stock was 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 directly owned 488,716 shares in the company, valued at approximately $3,450,334.96. This trade represents a 1.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of BBAI. CWM LLC lifted its holdings in shares of BigBear.ai by 237.5% during the 3rd quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after buying an additional 3,265 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its stake in shares of BigBear.ai by 3,355.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after purchasing an additional 4,832 shares during the last quarter. Root Financial Partners LLC boosted its holdings in BigBear.ai by 617.5% in the fourth 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 position in BigBear.ai by 150.9% during the fourth 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 during the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in BigBear.ai by 68.4% during the second quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock valued at $42,000 after buying an additional 2,527 shares in the last quarter. 7.55% of the stock is owned by institutional investors and hedge funds.

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.