BigBear.ai (NYSE:BBAI) Stock Price Down 6.6% – Time to Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s stock price was down 6.6% on Wednesday . The stock traded as low as $5.96 and last traded at $5.9850. Approximately 62,886,650 shares traded hands during trading, a decline of 13% from the average daily volume of 71,870,820 shares. The stock had previously closed at $6.41.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of BigBear.ai from a “strong sell” rating to a “hold” rating in a report on Saturday, November 15th. HC Wainwright reissued a “buy” rating and issued a $8.00 price objective on shares of BigBear.ai in a research report on Tuesday, November 11th. Finally, Cantor Fitzgerald lowered shares of 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 report on Wednesday. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $6.00.

BigBear.ai Stock Performance

The stock’s fifty day simple moving average is $6.09 and its two-hundred day simple moving average is $6.40. The company has a market cap of $2.61 billion, a price-to-earnings ratio of -4.21 and a beta of 3.46. 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 net margin of 274.70% and a negative return on equity of 26.11%. The firm had revenue of $33.14 million during the quarter, compared to analyst estimates of $31.82 million. During the same quarter in the previous year, the business posted ($0.05) EPS. BigBear.ai’s revenue was down 20.1% compared to the same quarter last year. Equities research analysts anticipate that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Insider Transactions 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 shares were 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 in the company, valued at $3,450,334.96. This trade represents a 1.01% 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, Director Dorothy D. Hayes sold 22,000 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total transaction of $133,760.00. Following the sale, the director directly owned 236,150 shares of the company’s stock, valued at approximately $1,435,792. The trade was a 8.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Arizona State Retirement System boosted its stake in BigBear.ai by 2.2% during the 3rd quarter. Arizona State Retirement System now owns 86,166 shares of the company’s stock valued at $562,000 after acquiring an additional 1,823 shares during the last quarter. Steward Partners Investment Advisory LLC raised its stake in BigBear.ai by 22.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 10,344 shares of the company’s stock valued at $70,000 after acquiring an additional 1,885 shares in the last quarter. Pure Financial Advisors LLC lifted its holdings in BigBear.ai by 19.4% in the third quarter. Pure Financial Advisors LLC now owns 12,060 shares of the company’s stock worth $79,000 after purchasing an additional 1,960 shares during the period. Toth Financial Advisory Corp boosted its holdings in shares of BigBear.ai by 20.0% in the third quarter. Toth Financial Advisory Corp now owns 12,000 shares of the company’s stock valued at $78,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Wealthspan Partners LLC boosted its stake in BigBear.ai by 16.0% during the 3rd quarter. Wealthspan Partners LLC now owns 16,350 shares of the company’s stock valued at $107,000 after purchasing an additional 2,250 shares in the last quarter. 7.55% of the stock is owned by hedge funds and other institutional investors.

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.