BigBear.ai (NYSE:BBAI) Stock Price Down 4.9% – Here’s Why

BigBear.ai Holdings, Inc. (NYSE:BBAI) shares were down 4.9% on Friday . The company traded as low as $5.69 and last traded at $5.7350. Approximately 40,841,764 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 96,179,203 shares. The stock had previously closed at $6.03.

Analyst Ratings Changes

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

BigBear.ai Trading Down 4.9%

The business has a 50-day moving average of $6.27 and a 200 day moving average of $6.29. The stock has a market cap of $2.50 billion, a PE ratio of -4.04 and a beta of 3.44. The company has a debt-to-equity ratio of 0.18, a quick ratio of 3.13 and a current ratio of 3.13.

BigBear.ai (NYSE:BBAI) last released its quarterly earnings results 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). The firm had revenue of $33.14 million for the quarter, compared to analyst estimates of $31.82 million. BigBear.ai had a negative return on equity of 26.11% and a negative net margin of 274.70%.BigBear.ai’s revenue for the quarter was down 20.1% on a year-over-year basis. During the same period in the prior year, the business earned ($0.05) earnings per share. Equities research analysts predict that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current fiscal year.

Insiders Place Their Bets

In other BigBear.ai news, CFO Sean Raymond Ricker sold 5,000 shares of BigBear.ai stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $7.06, for a total value of $35,300.00. Following the completion of the sale, the chief financial officer owned 488,716 shares in the company, valued at $3,450,334.96. The trade was a 1.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Dorothy D. Hayes sold 22,000 shares of the company’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total transaction of $133,760.00. Following the transaction, the director directly owned 236,150 shares of the company’s stock, valued at approximately $1,435,792. This represents a 8.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.54% of the company’s stock.

Hedge Funds Weigh In On BigBear.ai

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in shares of BigBear.ai by 32.6% in the 3rd quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock valued at $179,984,000 after purchasing an additional 6,790,890 shares during the last quarter. Jump Financial LLC purchased a new position in shares of BigBear.ai in the 2nd quarter worth $37,407,000. Two Sigma Investments LP boosted its holdings in BigBear.ai by 165.5% in the third quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock valued at $31,974,000 after acquiring an additional 3,056,597 shares during the last quarter. Geode Capital Management LLC grew its position in BigBear.ai by 125.2% during the second quarter. Geode Capital Management LLC now owns 5,074,311 shares of the company’s stock valued at $34,456,000 after acquiring an additional 2,820,698 shares during the period. Finally, JPMorgan Chase & Co. grew its position in BigBear.ai by 3,252.7% during the second quarter. JPMorgan Chase & Co. now owns 2,398,419 shares of the company’s stock valued at $16,285,000 after acquiring an additional 2,326,883 shares during the period. Institutional investors and hedge funds own 7.55% of the company’s stock.

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.