BigBear.ai (NYSE:BBAI) Shares Down 4.3% – Here’s What Happened

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) traded down 4.3% during trading on Tuesday . The company traded as low as $3.38 and last traded at $3.4250. Approximately 34,108,748 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 46,767,105 shares. The stock had previously closed at $3.58.

Wall Street Analysts Forecast Growth

BBAI has been the topic of a number of research analyst reports. Wall Street Zen raised shares of BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $5.50.

BigBear.ai Price Performance

The stock has a market cap of $1.64 billion, a P/E ratio of -3.94 and a beta of 3.32. 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 $4.09 and a 200-day moving average price of $4.43.

Insider Buying and Selling at BigBear.ai

In related news, Director Dorothy D. Hayes sold 15,000 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $4.11, for a total value 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. This trade represents a 6.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Sean Raymond Ricker sold 10,000 shares of BigBear.ai stock in a transaction dated 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. 0.57% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On BigBear.ai

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Cantor Fitzgerald L. P. bought a new position in BigBear.ai during the 3rd quarter valued at approximately $1,756,000. M&T Bank Corp bought a new stake in BigBear.ai in the fourth quarter worth $5,576,000. AlphaQuest LLC purchased a new stake in shares of BigBear.ai in the fourth quarter worth $1,925,000. Vanguard Group Inc. increased its holdings in shares of BigBear.ai by 18.4% during the fourth quarter. Vanguard Group Inc. now owns 32,695,344 shares of the company’s stock valued at $176,555,000 after acquiring an additional 5,090,508 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of BigBear.ai by 145.7% during the fourth quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after acquiring an additional 6,158,665 shares in the last quarter. Institutional investors own 7.55% of the company’s stock.

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.