BigBear.ai (NYSE:BBAI) Trading Up 7.1% – Time to Buy?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) rose 7.1% on Wednesday . The stock traded as high as $4.11 and last traded at $4.1110. Approximately 8,298,003 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 48,022,824 shares. The stock had previously closed at $3.84.

Analyst Upgrades and Downgrades

BBAI has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. 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 research note on Tuesday, March 3rd. HC Wainwright decreased their target price on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. Finally, Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Stock Up 6.9%

The company has a quick ratio of 6.08, a current ratio of 6.08 and a debt-to-equity ratio of 0.01. The stock has a 50 day simple moving average of $3.79 and a 200 day simple moving average of $4.93. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of -4.72 and a beta of 3.25.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $27.30 million during the quarter, compared to analysts’ expectations of $33.31 million. During the same quarter last year, the firm posted ($0.43) earnings per share. The company’s revenue for the quarter was down 37.7% compared to the same quarter last year. As a group, analysts expect that BigBear.ai Holdings, Inc. will post -0.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Pamela Joyce Braden sold 80,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $4.00, for a total value of $320,000.00. Following the transaction, the director owned 508,687 shares in the company, valued at $2,034,748. This trade represents a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $4.11, for a total value of $61,650.00. Following the completion of the transaction, the director owned 204,150 shares in the company, valued at $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 owned by company insiders.

Institutional Trading of BigBear.ai

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