BigBear.ai (NYSE:BBAI) Sets New 52-Week Low – Here’s Why

Shares of BigBear.ai Holdings, Inc. (NYSE:BBAI) reached a new 52-week low on Friday . The company traded as low as $2.76 and last traded at $2.7550, with a volume of 3109395 shares trading hands. The stock had previously closed at $2.85.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on BBAI shares. Wall Street Zen upgraded shares of BigBear.ai from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, BigBear.ai presently has a consensus rating of “Hold” and an average price target of $5.50.

BigBear.ai Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 6.08 and a quick ratio of 6.08. The stock has a market capitalization of $1.33 billion, a PE ratio of -3.18 and a beta of 3.32. The firm has a fifty day moving average price of $3.79 and a two-hundred day moving average price of $4.17.

Insider Buying and Selling at BigBear.ai

In other BigBear.ai news, CFO Sean Raymond Ricker sold 10,000 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $4.33, for a total value of $43,300.00. Following the transaction, the chief financial officer owned 609,256 shares of the company’s stock, valued at $2,638,078.48. This represents a 1.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of BigBear.ai stock in a transaction on Friday, May 8th. The stock was sold at an average price of $4.11, for a total value of $61,650.00. Following the sale, the director owned 204,150 shares of the company’s stock, valued at approximately $839,056.50. This trade represents a 6.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On BigBear.ai

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its position in BigBear.ai by 6.4% during the 4th quarter. Farther Finance Advisors LLC now owns 31,207 shares of the company’s stock valued at $169,000 after purchasing an additional 1,865 shares during the period. Principal Financial Group Inc. lifted its position in shares of BigBear.ai by 11.8% in the 1st quarter. Principal Financial Group Inc. now owns 22,698 shares of the company’s stock worth $80,000 after purchasing an additional 2,391 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of BigBear.ai by 150.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company’s stock worth $30,000 after purchasing an additional 3,392 shares during the period. NewEdge Advisors LLC boosted its stake in shares of BigBear.ai by 3.4% during the fourth quarter. NewEdge Advisors LLC now owns 124,239 shares of the company’s stock valued at $671,000 after purchasing an additional 4,073 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in shares of BigBear.ai by 29.2% during the first quarter. Kestra Advisory Services LLC now owns 18,424 shares of the company’s stock valued at $65,000 after purchasing an additional 4,159 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.