BigBear.ai (NYSE:BBAI) Trading 2.6% Higher – Time to Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI) traded up 2.6% during mid-day trading on Friday . The company traded as high as $5.16 and last traded at $5.0670. 105,650,714 shares traded hands during trading, an increase of 114% from the average session volume of 49,445,418 shares. The stock had previously closed at $4.94.

Analyst Upgrades and Downgrades

BBAI has been the subject of several research reports. HC Wainwright reduced their price objective on BigBear.ai from $8.00 to $6.00 and set a “buy” 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 note on Saturday, May 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Finally, Cantor Fitzgerald reduced their price objective on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Trading Up 2.6%

The firm has a market capitalization of $2.43 billion, a P/E ratio of -5.82 and a beta of 3.25. 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 has a 50 day moving average price of $3.83 and a two-hundred day moving average price of $4.84.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.04. The business had revenue of $27.30 million during the quarter, compared to analyst estimates of $33.31 million. BigBear.ai had a negative return on equity of 16.02% and a negative net margin of 226.69%.The company’s revenue was down 37.7% compared to the same quarter last year. During the same period last year, the company posted ($0.43) EPS. On average, equities research analysts expect that BigBear.ai Holdings, Inc. will post -0.2 EPS for the current fiscal year.

Insider Activity

In related news, Director Pamela Joyce Braden sold 80,000 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $4.00, for a total transaction of $320,000.00. Following the transaction, the director directly owned 508,687 shares of the company’s stock, valued at approximately $2,034,748. The trade was a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Dorothy D. Hayes sold 15,000 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $4.11, for a total value of $61,650.00. Following the completion of the sale, the director directly owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. This represents a 6.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 105,000 shares of company stock worth $424,950. 0.57% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On BigBear.ai

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in BigBear.ai by 18.4% in the 4th quarter. Vanguard Group Inc. now owns 32,695,344 shares of the company’s stock worth $176,555,000 after acquiring an additional 5,090,508 shares in the last quarter. UBS Group AG lifted its stake in BigBear.ai by 145.7% in the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock worth $56,089,000 after acquiring an additional 6,158,665 shares in the last quarter. State Street Corp lifted its stake in BigBear.ai by 33.6% in the 4th quarter. State Street Corp now owns 10,279,145 shares of the company’s stock worth $55,507,000 after acquiring an additional 2,584,278 shares in the last quarter. Geode Capital Management LLC lifted its stake in BigBear.ai by 35.9% in the 4th quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock worth $55,347,000 after acquiring an additional 2,706,195 shares in the last quarter. Finally, Van ECK Associates Corp purchased a new stake in BigBear.ai in the 4th quarter worth about $46,675,000. 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.