BigBear.ai Holdings, Inc. (NYSE:BBAI – Get Free Report) was down 1.6% during trading on Wednesday . The stock traded as low as $3.88 and last traded at $3.8950. 22,654,792 shares traded hands during trading, a decline of 53% from the average session volume of 48,387,504 shares. The stock had previously closed at $3.96.
Wall Street Analysts Forecast Growth
BBAI has been the topic of several recent research reports. Cantor Fitzgerald dropped 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. Wall Street Zen raised shares of BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research report on Monday, April 20th. Finally, HC Wainwright lowered their price target 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. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $5.50.
Get Our Latest Stock Report on BigBear.ai
BigBear.ai Stock Performance
Insider Activity at BigBear.ai
In other news, Director Dorothy D. Hayes sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $4.11, for a total transaction of $61,650.00. Following the sale, the director owned 204,150 shares of the company’s stock, valued at $839,056.50. This trade represents a 6.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sean Raymond Ricker sold 10,000 shares of BigBear.ai 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 transaction, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.57% of the company’s stock.
Hedge Funds Weigh In On BigBear.ai
A number of large investors have recently bought and sold shares of BBAI. Root Financial Partners LLC increased its position in shares of BigBear.ai by 617.5% in the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company’s stock valued at $29,000 after buying an additional 4,631 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of BigBear.ai by 150.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock valued at $30,000 after buying an additional 3,392 shares in the last quarter. HM Payson & Co. lifted its position in shares of BigBear.ai by 616.9% during the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company’s stock valued at $39,000 after buying an additional 6,169 shares in the last quarter. Hollencrest Capital Management acquired a new stake in BigBear.ai in the 1st quarter valued at $41,000. Finally, Krilogy Financial LLC acquired a new stake in BigBear.ai in the 1st quarter valued at $43,000. Institutional investors and hedge funds 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.
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