BigBear.ai (NYSE:BBAI) Stock Price Down 1.2% – Time to Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI) dropped 1.2% during mid-day trading on Monday . The stock traded as low as $5.59 and last traded at $5.6640. Approximately 43,363,386 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 95,967,539 shares. The stock had previously closed at $5.73.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, October 8th. Wall Street Zen raised BigBear.ai from a “strong sell” rating to a “hold” rating in a research note on Saturday, November 15th. HC Wainwright restated a “buy” rating and set a $8.00 price objective on shares of BigBear.ai in a report on Tuesday, November 11th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $7.00 price objective on shares of BigBear.ai in a research note on Tuesday, November 11th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $6.33.

BigBear.ai Trading Down 1.6%

The company has a quick ratio of 3.13, a current ratio of 3.13 and a debt-to-equity ratio of 0.18. The firm has a market cap of $2.36 billion, a price-to-earnings ratio of -3.81 and a beta of 3.44. The company has a 50-day moving average price of $6.20 and a 200 day moving average price of $6.34.

BigBear.ai (NYSE:BBAI) last announced its quarterly earnings data on Monday, November 10th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $33.14 million during the quarter, compared to analysts’ expectations of $31.82 million. During the same period in the prior year, the company posted ($0.05) earnings per share. The firm’s revenue was down 20.1% on a year-over-year basis. As a group, research analysts anticipate that BigBear.ai Holdings, Inc. will post -0.28 earnings per share for the current fiscal year.

Insider Activity at BigBear.ai

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

Hedge Funds Weigh In On BigBear.ai

Hedge funds have recently bought and sold shares of the business. Invesco Ltd. grew its stake in BigBear.ai by 26.4% in the 1st quarter. Invesco Ltd. now owns 26,728 shares of the company’s stock valued at $76,000 after buying an additional 5,579 shares during the last quarter. Nuveen LLC bought a new stake in BigBear.ai during the first quarter valued at about $878,000. Baird Financial Group Inc. acquired a new stake in shares of BigBear.ai in the first quarter valued at about $286,000. Cubist Systematic Strategies LLC bought a new position in shares of BigBear.ai in the first quarter worth about $3,811,000. Finally, AQR Capital Management LLC bought a new position in shares of BigBear.ai in the first quarter worth about $88,000. 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.