BigBear.ai (NYSE:BBAI) Trading 16% Higher – Should You Buy?

BigBear.ai Holdings, Inc. (NYSE:BBAI)’s share price shot up 16% on Monday . The stock traded as high as $6.28 and last traded at $6.2650. 99,089,159 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 95,426,289 shares. The stock had previously closed at $5.40.

Analyst Ratings Changes

BBAI has been the subject of a number of recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of BigBear.ai in a report on Wednesday, October 8th. HC Wainwright reiterated a “buy” rating and issued a $8.00 price target on shares of BigBear.ai in a research note on Tuesday, November 11th. Wall Street Zen upgraded BigBear.ai from a “strong sell” rating to a “hold” rating in a research note on Saturday, November 15th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $7.00 target price on shares of BigBear.ai in a research report on Tuesday, November 11th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $6.33.

BigBear.ai Price Performance

The business’s fifty day simple moving average is $6.76 and its 200 day simple moving average is $5.88. The firm has a market capitalization of $2.73 billion, a price-to-earnings ratio of -4.41 and a beta of 3.42. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.13 and a quick ratio of 3.13.

BigBear.ai (NYSE:BBAI) last issued its earnings results on Monday, November 10th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates 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% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.05) earnings per share. BigBear.ai has set its FY 2025 guidance at EPS. On average, research analysts forecast that BigBear.ai Holdings, Inc. will post -0.28 EPS for the current year.

Insider Buying and Selling at BigBear.ai

In related news, Director Dorothy D. Hayes sold 22,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $6.08, for a total value of $133,760.00. Following the completion of the transaction, the director directly owned 236,150 shares of the company’s stock, valued at approximately $1,435,792. This trade represents a 8.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Sean Raymond Ricker sold 11,978 shares of BigBear.ai stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $5.35, for a total value of $64,082.30. Following the transaction, the chief financial officer directly owned 296,345 shares of the company’s stock, valued at $1,585,445.75. The trade was a 3.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 33,980 shares of company stock valued at $197,853. 0.54% of the stock is owned by corporate insiders.

Institutional Trading of BigBear.ai

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Arizona State Retirement System lifted its holdings in BigBear.ai by 2.2% in the 3rd quarter. Arizona State Retirement System now owns 86,166 shares of the company’s stock worth $562,000 after buying an additional 1,823 shares during the period. Steward Partners Investment Advisory LLC boosted its position in shares of BigBear.ai by 22.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 10,344 shares of the company’s stock worth $70,000 after purchasing an additional 1,885 shares in the last quarter. Pure Financial Advisors LLC raised its stake in BigBear.ai by 19.4% during the third quarter. Pure Financial Advisors LLC now owns 12,060 shares of the company’s stock valued at $79,000 after buying an additional 1,960 shares during the last quarter. Toth Financial Advisory Corp boosted its stake in BigBear.ai by 20.0% in the 3rd quarter. Toth Financial Advisory Corp now owns 12,000 shares of the company’s stock worth $78,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Wealthspan Partners LLC lifted its stake in shares of BigBear.ai by 16.0% in the third quarter. Wealthspan Partners LLC now owns 16,350 shares of the company’s stock worth $107,000 after buying an additional 2,250 shares in the last quarter. Institutional investors own 7.55% of the company’s stock.

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.