BigBear.ai (NYSE:BBAI) Stock Price Down 2.7% – Should You Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares dropped 2.7% on Monday . The company traded as low as $3.01 and last traded at $3.0550. Approximately 32,158,254 shares traded hands during trading, a decline of 43% from the average daily volume of 56,356,109 shares. The stock had previously closed at $3.14.

Analysts Set New Price Targets

Several equities analysts have recently commented on BBAI shares. Wall Street Zen lowered shares of BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, January 21st. HC Wainwright decreased their price target 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 lowered their price target on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, BigBear.ai presently has a consensus rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Price Performance

The company has a market capitalization of $1.63 billion, a PE ratio of -3.42 and a beta of 3.49. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.78 and a quick ratio of 1.78. The stock’s 50 day simple moving average is $4.28 and its 200-day simple moving average is $5.69.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.04. BigBear.ai had a negative net margin of 230.21% and a negative return on equity of 18.22%. The business had revenue of $27.30 million during the quarter, compared to analyst estimates of $33.31 million. During the same quarter last year, the firm posted ($0.43) earnings per share. The business’s revenue for the quarter was down 37.7% compared to the same quarter last year. As a group, equities analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Insider Activity at BigBear.ai

In other news, Director Pamela Joyce Braden sold 80,000 shares of the company’s stock in a transaction on 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 owned 508,687 shares of the company’s stock, valued at approximately $2,034,748. This represents a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On BigBear.ai

Large investors have recently bought and sold shares of the stock. Van ECK Associates Corp acquired a new stake in BigBear.ai in the 4th quarter valued at about $46,675,000. Vanguard Group Inc. grew its position in shares of BigBear.ai by 32.6% during the third quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock worth $179,984,000 after buying an additional 6,790,890 shares in the last quarter. UBS Group AG increased its stake in shares of BigBear.ai by 145.7% during the fourth quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock worth $56,089,000 after buying an additional 6,158,665 shares during the period. Jump Financial LLC acquired a new stake in BigBear.ai in the second quarter valued at approximately $37,407,000. Finally, Two Sigma Investments LP lifted its stake in BigBear.ai by 165.5% in the third quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock worth $31,974,000 after acquiring an additional 3,056,597 shares during the last quarter. Hedge funds and other 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.