BigBear.ai (NYSE:BBAI) Stock Price Down 1% – Time to Sell?

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) fell 1% during trading on Wednesday . The company traded as low as $3.61 and last traded at $3.6330. Approximately 22,803,349 shares were traded during mid-day trading, a decline of 52% from the average session volume of 47,238,410 shares. The stock had previously closed at $3.67.

Analysts Set New Price Targets

Several research firms have recently commented on BBAI. Cantor Fitzgerald lowered their price objective on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research note 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 restated a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Finally, HC Wainwright lowered their price target on BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, BigBear.ai currently has an average rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.08 and a current ratio of 6.08. The firm’s 50 day simple moving average is $4.11 and its 200 day simple moving average is $4.50. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of -4.18 and a beta of 3.27.

Insiders Place Their Bets

In related news, Director Dorothy D. Hayes sold 15,000 shares of the business’s stock in a transaction 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 completion of the transaction, the director directly owned 204,150 shares in the company, valued at $839,056.50. The trade was a 6.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Sean Raymond Ricker sold 10,000 shares of the company’s stock in a transaction 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 completion of the sale, the chief financial officer directly owned 609,256 shares in the company, valued at approximately $2,638,078.48. The trade was a 1.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.57% of the company’s stock.

Institutional Trading of BigBear.ai

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Root Financial Partners LLC lifted its holdings in 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 acquiring an additional 4,631 shares during the period. PNC Financial Services Group Inc. grew its stake 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 worth $30,000 after purchasing an additional 3,392 shares during the period. HM Payson & Co. increased its holdings 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 purchasing an additional 6,169 shares in the last quarter. Hollencrest Capital Management purchased a new position in shares of BigBear.ai during the 1st quarter valued at approximately $41,000. Finally, Krilogy Financial LLC acquired a new position in shares of BigBear.ai in the 1st quarter valued at $43,000. 7.55% of the stock is owned by institutional investors and hedge funds.

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.