BigBear.ai (NYSE:BBAI) Stock Price Up 13.6% – Should You Buy?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) rose 13.6% on Thursday . The stock traded as high as $4.99 and last traded at $4.9650. Approximately 67,941,374 shares traded hands during trading, an increase of 39% from the average daily volume of 48,868,074 shares. The stock had previously closed at $4.37.

Analyst Ratings Changes

BBAI has been the topic of several recent analyst reports. Cantor Fitzgerald cut their price objective on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. HC Wainwright cut their price objective on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. 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 assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 6.08 and a quick ratio of 6.08. The company’s 50-day simple moving average is $3.81 and its 200-day simple moving average is $4.84. The company has a market cap of $2.38 billion, a price-to-earnings ratio of -5.71 and a beta of 3.25.

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

Insider Buying and Selling at BigBear.ai

In other news, CFO Sean Raymond Ricker sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $4.33, for a total transaction of $43,300.00. Following the completion of the sale, the chief financial officer owned 609,256 shares of the company’s stock, valued at approximately $2,638,078.48. This trade represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 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 of the company’s stock, valued at $839,056.50. The trade was a 6.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 105,000 shares of company stock valued at $424,950 over the last 90 days. 0.57% of the stock is owned by corporate insiders.

Institutional Trading of BigBear.ai

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in shares of 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 grew its position 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 in the last quarter. State Street Corp grew its position in shares of BigBear.ai by 33.6% during the fourth quarter. State Street Corp now owns 10,279,145 shares of the company’s stock worth $55,507,000 after buying an additional 2,584,278 shares in the last quarter. Geode Capital Management LLC grew its position in shares of BigBear.ai by 35.9% during the fourth quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock worth $55,347,000 after buying an additional 2,706,195 shares in the last quarter. Finally, Van ECK Associates Corp acquired a new stake in shares of BigBear.ai during the fourth quarter worth approximately $46,675,000. Institutional investors and hedge funds 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.