BigBear.ai Sees Unusually Large Options Volume (NYSE:BBAI)

BigBear.ai Holdings, Inc. (NYSE:BBAI) was the recipient of unusually large options trading on Wednesday. Stock traders acquired 185,439 call options on the company. This is an increase of approximately 34% compared to the typical volume of 138,777 call options.

Insider Activity

In related news, CFO Sean Raymond Ricker sold 11,978 shares of BigBear.ai stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $5.35, for a total transaction of $64,082.30. Following the sale, the chief financial officer owned 296,345 shares of the company’s stock, valued at approximately $1,585,445.75. This trade represents a 3.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in BigBear.ai by 32.6% in the third quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock worth $179,984,000 after acquiring an additional 6,790,890 shares during the period. Jump Financial LLC bought a new stake in shares of BigBear.ai in the 2nd quarter valued at about $37,407,000. Geode Capital Management LLC lifted its position in shares of BigBear.ai by 125.2% in the 2nd quarter. Geode Capital Management LLC now owns 5,074,311 shares of the company’s stock worth $34,456,000 after purchasing an additional 2,820,698 shares during the period. JPMorgan Chase & Co. lifted its position in shares of BigBear.ai by 3,252.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,398,419 shares of the company’s stock worth $16,285,000 after purchasing an additional 2,326,883 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of BigBear.ai by 569.0% during the first quarter. Goldman Sachs Group Inc. now owns 2,340,713 shares of the company’s stock valued at $6,694,000 after purchasing an additional 1,990,822 shares in the last quarter. Hedge funds and other institutional investors own 7.55% of the company’s stock.

BigBear.ai Stock Up 18.3%

Shares of BBAI opened at $7.17 on Thursday. The firm has a market capitalization of $3.13 billion, a P/E ratio of -5.05 and a beta of 3.42. BigBear.ai has a 12-month low of $1.65 and a 12-month high of $10.36. The firm has a fifty day moving average price of $6.63 and a 200-day moving average price of $5.74. The company has a current ratio of 3.13, a quick ratio of 1.91 and a debt-to-equity ratio of 0.18.

BigBear.ai (NYSE:BBAI) last released 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 net margin of 274.70% and a negative return on equity of 26.11%. The company had revenue of $33.14 million during the quarter, compared to analysts’ expectations of $31.82 million. During the same period last year, the firm earned ($0.05) earnings per share. BigBear.ai’s quarterly revenue was down 20.1% on a year-over-year basis. BigBear.ai has set its FY 2025 guidance at EPS. Equities research analysts expect that BigBear.ai will post -0.28 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on BBAI. HC Wainwright reaffirmed a “buy” rating and set a $8.00 price target on shares of BigBear.ai in a research note on Tuesday. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $7.00 price target on shares of BigBear.ai in a report on Tuesday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, BigBear.ai currently has a consensus rating of “Hold” and an average price target of $6.33.

BigBear.ai Company Profile

BigBear.ai Holdings, Inc provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.