BigBear.ai (NYSE:BBAI) Trading 2.4% Higher – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price was up 2.4% during trading on Tuesday . The stock traded as high as $3.72 and last traded at $3.6850. Approximately 30,182,367 shares were traded during trading, a decline of 36% from the average daily volume of 47,434,898 shares. The stock had previously closed at $3.60.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Cantor Fitzgerald cut their target price on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 3rd. Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research report on Monday, April 20th. Finally, HC Wainwright dropped 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. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Price Performance

The firm has a market capitalization of $1.76 billion, a PE ratio of -4.24 and a beta of 3.27. The firm’s fifty day moving average price is $4.11 and its 200 day moving average price is $4.52. The company has a current ratio of 6.08, a quick ratio of 6.08 and a debt-to-equity ratio of 0.01.

Insiders Place Their Bets

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of the stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $4.33, for a total transaction of $43,300.00. Following the sale, the chief financial officer directly 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Dorothy D. Hayes sold 15,000 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $4.11, for a total value of $61,650.00. Following the sale, the director directly owned 204,150 shares in the company, valued at $839,056.50. This represents a 6.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.57% of the company’s stock.

Institutional Trading of BigBear.ai

A number of hedge funds have recently modified their holdings of the stock. Root Financial Partners LLC grew its holdings in BigBear.ai by 617.5% during the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock worth $29,000 after acquiring an additional 4,631 shares during the period. PNC Financial Services Group Inc. boosted its position in BigBear.ai by 150.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock worth $30,000 after purchasing an additional 3,392 shares in the last quarter. HM Payson & Co. boosted its position in BigBear.ai by 616.9% in the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock worth $39,000 after purchasing an additional 6,169 shares in the last quarter. IFP Advisors Inc grew its stake in shares of BigBear.ai by 218.1% during the 3rd quarter. IFP Advisors Inc now owns 9,559 shares of the company’s stock worth $62,000 after purchasing an additional 6,554 shares during the period. Finally, Hodges Capital Management Inc. acquired a new stake in shares of BigBear.ai during the 4th quarter worth approximately $54,000. Hedge funds and other 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.