BigBear.ai (NYSE:BBAI) Trading 2.8% Higher – Should You Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares traded up 2.8% during trading on Thursday . The company traded as high as $4.27 and last traded at $4.1950. 51,359,801 shares changed hands during mid-day trading, an increase of 6% from the average session volume of 48,404,262 shares. The stock had previously closed at $4.08.

Analyst Upgrades and Downgrades

Several research firms recently commented on BBAI. HC Wainwright decreased their price target on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Cantor Fitzgerald decreased their price objective on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. Finally, Wall Street Zen upgraded shares of BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, BigBear.ai presently has an average rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Price Performance

The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01. The business has a 50-day moving average of $3.79 and a 200 day moving average of $4.91. The firm has a market capitalization of $2.01 billion, a P/E ratio of -4.82 and a beta of 3.25.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share (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 business had revenue of $27.30 million during the quarter, compared to the consensus estimate of $33.31 million. During the same quarter in the previous year, the business earned ($0.43) EPS. The company’s quarterly revenue was down 37.7% on a year-over-year basis. On average, sell-side analysts predict that BigBear.ai Holdings, Inc. will post -0.2 earnings per share for the current fiscal year.

Insider Buying and Selling at BigBear.ai

In related news, Director Dorothy D. Hayes sold 15,000 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $4.11, for a total transaction of $61,650.00. Following the sale, the director directly owned 204,150 shares in the company, valued at approximately $839,056.50. The trade was a 6.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Pamela Joyce Braden sold 80,000 shares of the stock in a transaction that occurred 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 completion of the sale, the director owned 508,687 shares in the company, valued at $2,034,748. This represents a 13.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its position in BigBear.ai by 18.4% during the fourth quarter. Vanguard Group Inc. now owns 32,695,344 shares of the company’s stock worth $176,555,000 after buying an additional 5,090,508 shares in the last quarter. UBS Group AG boosted its position in shares of BigBear.ai by 145.7% during the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after acquiring an additional 6,158,665 shares during the last quarter. State Street Corp boosted its position in shares of BigBear.ai by 33.6% during the 4th quarter. State Street Corp now owns 10,279,145 shares of the company’s stock valued at $55,507,000 after acquiring an additional 2,584,278 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of BigBear.ai by 35.9% during the 4th quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock valued at $55,347,000 after acquiring an additional 2,706,195 shares during the last quarter. Finally, Van ECK Associates Corp bought a new stake in shares of BigBear.ai during the 4th quarter valued at about $46,675,000. Institutional investors own 7.55% of the company’s stock.

BigBear.ai Company Profile

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.