BigBear.ai (NYSE:BBAI) Shares Up 2.6% – What’s Next?

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares shot up 2.6% during trading on Friday . The stock traded as high as $5.16 and last traded at $5.0670. 105,650,714 shares changed 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.

Wall Street Analyst Weigh In

Several brokerages have commented on BBAI. Wall Street Zen raised BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. HC Wainwright cut their target price on BigBear.ai from $8.00 to $6.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a research note on Monday, April 20th. Finally, Cantor Fitzgerald dropped their price objective on BigBear.ai from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 3rd. 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 company’s stock. Based on data from MarketBeat, BigBear.ai currently has a consensus rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Price Performance

The company has a market capitalization of $2.43 billion, a price-to-earnings 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 business has a 50 day moving average price of $3.86 and a 200-day moving average price of $4.84.

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

Insider Activity at BigBear.ai

In related news, Director Pamela Joyce Braden sold 80,000 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $4.00, for a total value of $320,000.00. Following the completion of the sale, the director directly owned 508,687 shares of the company’s stock, valued at $2,034,748. The trade was a 13.59% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Sean Raymond Ricker sold 10,000 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $4.33, for a total value of $43,300.00. Following the completion of the sale, the chief financial officer directly owned 609,256 shares of the company’s stock, valued at $2,638,078.48. The trade was a 1.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 105,000 shares of company stock valued at $424,950 in the last three months. Corporate insiders own 0.57% of the company’s stock.

Institutional Trading of BigBear.ai

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cantor Fitzgerald L. P. bought a new stake in BigBear.ai in the 3rd quarter valued at about $1,756,000. M&T Bank Corp bought a new stake in BigBear.ai during the 4th quarter worth approximately $5,576,000. AlphaQuest LLC bought a new stake in BigBear.ai during the 4th quarter worth approximately $1,925,000. Vanguard Group Inc. increased its holdings in BigBear.ai by 32.6% during the 3rd quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock worth $179,984,000 after purchasing an additional 6,790,890 shares in the last quarter. Finally, UBS Group AG increased its holdings in BigBear.ai by 145.7% during the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock worth $56,089,000 after purchasing an additional 6,158,665 shares in the last quarter. 7.55% of the stock is owned by 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.