BigBear.ai (NYSE:BBAI) Stock Price Down 9.1% – Here’s Why

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) fell 9.1% during mid-day trading on Wednesday . The stock traded as low as $4.40 and last traded at $4.50. 69,770,604 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 81,402,227 shares. The stock had previously closed at $4.95.

Analyst Ratings Changes

A number of brokerages have weighed in on BBAI. Wall Street Zen downgraded BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Cantor Fitzgerald cut BigBear.ai from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $7.00 to $6.00 in a research note on Wednesday, January 7th. HC Wainwright reiterated a “buy” rating and issued a $8.00 target price on shares of BigBear.ai in a report on Tuesday, November 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, BigBear.ai presently has an average rating of “Hold” and an average target price of $6.00.

BigBear.ai Trading Down 9.1%

The business has a 50 day moving average of $5.99 and a two-hundred day moving average of $6.26. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of -3.17 and a beta of 3.45. The company has a debt-to-equity ratio of 0.18, a quick ratio of 3.13 and a current ratio of 3.13.

BigBear.ai (NYSE:BBAI) last issued its earnings results on Monday, November 10th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.01). BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.The firm had revenue of $33.14 million for the quarter, compared to analyst estimates of $31.82 million. During the same period in the previous year, the company earned ($0.05) earnings per share. BigBear.ai’s revenue for the quarter was down 20.1% compared to the same quarter last year. Equities analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Insider Transactions at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $7.06, for a total transaction of $35,300.00. Following the completion of the sale, the chief financial officer directly owned 488,716 shares of the company’s stock, valued at approximately $3,450,334.96. The trade was a 1.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Dorothy D. Hayes sold 22,000 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $6.08, for a total value of $133,760.00. Following the completion of the sale, the director directly owned 236,150 shares of the company’s stock, valued at approximately $1,435,792. This trade represents a 8.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.54% of the stock is owned by company insiders.

Institutional Investors Weigh In On BigBear.ai

Several institutional investors have recently bought and sold shares of BBAI. CWM LLC lifted its stake in BigBear.ai by 237.5% during the 3rd quarter. CWM LLC now owns 4,640 shares of the company’s stock valued at $30,000 after acquiring an additional 3,265 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its position in shares of BigBear.ai by 3,355.6% during the third quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company’s stock valued at $32,000 after purchasing an additional 4,832 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in BigBear.ai by 68.4% during the second quarter. Nisa Investment Advisors LLC now owns 6,222 shares of the company’s stock worth $42,000 after purchasing an additional 2,527 shares during the last quarter. Hantz Financial Services Inc. grew its position in BigBear.ai by 2,242.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 8,200 shares of the company’s stock worth $53,000 after purchasing an additional 7,850 shares in the last quarter. Finally, Amalgamated Bank increased its stake in BigBear.ai by 163.2% in the 3rd quarter. Amalgamated Bank now owns 9,377 shares of the company’s stock valued at $61,000 after buying an additional 5,814 shares during the last quarter. 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.