BigBear.ai Sees Unusually High Options Volume (NYSE:BBAI)

BigBear.ai Holdings, Inc. (NYSE:BBAI) was the recipient of some unusual options trading on Wednesday. Stock traders bought 103,131 call options on the company. This is an increase of approximately 63% compared to the average volume of 63,411 call options.

Insider Transactions at BigBear.ai

In other BigBear.ai news, Director Pamela Joyce Braden sold 80,000 shares of the stock in a transaction 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 sale, 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 SEC, which is available at this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of the company’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $4.11, for a total transaction of $61,650.00. Following the completion of the transaction, the director owned 204,150 shares in the company, valued at approximately $839,056.50. The trade was a 6.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 105,000 shares of company stock worth $424,950. 0.57% of the stock is currently owned by company insiders.

Institutional Trading of BigBear.ai

A number of hedge funds have recently bought and sold shares of BBAI. Arizona State Retirement System increased its holdings in shares of BigBear.ai by 2.2% in the 3rd quarter. Arizona State Retirement System now owns 86,166 shares of the company’s stock valued at $562,000 after acquiring an additional 1,823 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of BigBear.ai by 6.4% during the 4th quarter. Farther Finance Advisors LLC now owns 31,207 shares of the company’s stock worth $169,000 after purchasing an additional 1,865 shares during the last quarter. Wealthspan Partners LLC boosted its position in BigBear.ai by 16.0% during the third quarter. Wealthspan Partners LLC now owns 16,350 shares of the company’s stock valued at $107,000 after purchasing an additional 2,250 shares in the last quarter. Principal Financial Group Inc. boosted its position in BigBear.ai by 11.8% during the first quarter. Principal Financial Group Inc. now owns 22,698 shares of the company’s stock valued at $80,000 after purchasing an additional 2,391 shares in the last quarter. Finally, Cornerstone Wealth Management LLC grew its stake in BigBear.ai by 30.9% in the third quarter. Cornerstone Wealth Management LLC now owns 13,085 shares of the company’s stock valued at $85,000 after purchasing an additional 3,085 shares during the last quarter. Hedge funds and other institutional investors own 7.55% of the company’s stock.

BigBear.ai Stock Up 4.7%

BigBear.ai stock traded up $0.20 during midday trading on Wednesday, hitting $4.38. 59,458,586 shares of the company’s stock were exchanged, compared to its average volume of 48,672,707. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.08 and a current ratio of 6.08. The company has a market cap of $2.10 billion, a PE ratio of -5.03 and a beta of 3.25. The firm has a 50-day moving average of $3.80 and a two-hundred day moving average of $4.85. BigBear.ai has a 12 month low of $3.01 and a 12 month high of $9.39.

BigBear.ai (NYSE:BBAI) last posted its quarterly earnings results 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 226.69% and a negative return on equity of 16.02%. The business had revenue of $27.30 million during the quarter, compared to analyst estimates of $33.31 million. During the same quarter in the previous year, the business posted ($0.43) EPS. The company’s quarterly revenue was down 37.7% compared to the same quarter last year. As a group, analysts expect that BigBear.ai will post -0.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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.