BigBear.ai (NYSE:BBAI) Stock Price Down 3.3% – Time to Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price was down 3.3% during mid-day trading on Wednesday . The company traded as low as $3.27 and last traded at $3.3180. 23,180,862 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 46,606,215 shares. The stock had previously closed at $3.43.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on BBAI shares. Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. 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’s stock. According to MarketBeat.com, BigBear.ai presently has an average rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Price Performance

The company has a market cap of $1.59 billion, a price-to-earnings ratio of -3.81 and a beta of 3.32. The company has a 50-day simple moving average of $4.08 and a 200-day simple moving average of $4.41. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.08 and a current ratio of 6.08.

Insider Buying and Selling

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $4.33, for a total value of $43,300.00. Following the completion of the transaction, the chief financial officer owned 609,256 shares in the company, valued at approximately $2,638,078.48. This represents a 1.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Dorothy D. Hayes sold 15,000 shares of the firm’s stock in a transaction 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 sale, the director directly owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. This trade 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 insiders.

Hedge Funds Weigh In On BigBear.ai

A number of large investors have recently made changes to their positions in the stock. Cantor Fitzgerald L. P. acquired a new position in shares of BigBear.ai during the 3rd quarter worth approximately $1,756,000. M&T Bank Corp acquired a new stake in BigBear.ai during the 4th quarter valued at $5,576,000. AlphaQuest LLC purchased a new position in BigBear.ai during the fourth quarter worth $1,925,000. Vanguard Group Inc. increased 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. Finally, UBS Group AG raised its holdings in shares of BigBear.ai by 145.7% in the fourth quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock worth $56,089,000 after acquiring an additional 6,158,665 shares during the last quarter. 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.