BigBear.ai (NYSE:BBAI) Trading Down 7.5% – Here’s What Happened

BigBear.ai Holdings, Inc. (NYSE:BBAI) was down 7.5% on Friday . The company traded as low as $3.82 and last traded at $3.8750. Approximately 39,150,800 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 71,754,422 shares. The stock had previously closed at $4.19.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on BBAI shares. Cantor Fitzgerald cut BigBear.ai from an “overweight” rating to a “neutral” rating and reduced their price objective for the stock from $7.00 to $6.00 in a research note on Wednesday, January 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, January 21st. HC Wainwright restated a “buy” rating and issued a $8.00 price target on shares of BigBear.ai in a research report on Tuesday, November 11th. Finally, Wall Street Zen lowered shares of BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, BigBear.ai currently has a consensus rating of “Hold” and an average price target of $6.00.

BigBear.ai Stock Performance

The firm has a market cap of $1.69 billion, a price-to-earnings ratio of -2.73 and a beta of 3.45. The stock’s fifty day moving average is $5.44 and its two-hundred day moving average is $6.01. The company has a debt-to-equity ratio of 0.18, a quick ratio of 3.13 and a current ratio of 3.13.

Insider Buying and Selling at BigBear.ai

In other news, CFO Sean Raymond Ricker sold 5,000 shares of BigBear.ai 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 sale, the chief financial officer 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.

Institutional Trading of BigBear.ai

Hedge funds have recently added to or reduced their stakes in the business. Arizona State Retirement System grew its stake in shares of BigBear.ai by 2.2% in the third quarter. Arizona State Retirement System now owns 86,166 shares of the company’s stock worth $562,000 after purchasing an additional 1,823 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in BigBear.ai by 6.4% in the fourth 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 period. Steward Partners Investment Advisory LLC lifted its holdings in BigBear.ai by 22.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 10,344 shares of the company’s stock worth $70,000 after purchasing an additional 1,885 shares during the period. Pure Financial Advisors LLC grew its position in BigBear.ai by 19.4% in the 3rd quarter. Pure Financial Advisors LLC now owns 12,060 shares of the company’s stock valued at $79,000 after buying an additional 1,960 shares in the last quarter. Finally, Toth Financial Advisory Corp increased its stake in BigBear.ai by 20.0% during the 3rd quarter. Toth Financial Advisory Corp now owns 12,000 shares of the company’s stock valued at $78,000 after buying an additional 2,000 shares during the period. Institutional investors own 7.55% of the company’s stock.

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.