BigBear.ai (NYSE:BBAI) Shares Down 1.2% – Should You Sell?

BigBear.ai Holdings, Inc. (NYSE:BBAI) traded down 1.2% during trading on Tuesday . The stock traded as low as $3.77 and last traded at $3.7950. 38,847,233 shares traded hands during trading, a decline of 23% from the average session volume of 50,740,379 shares. The stock had previously closed at $3.84.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on BBAI shares. Wall Street Zen lowered BigBear.ai from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. Cantor Fitzgerald cut their price objective on shares of BigBear.ai from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of BigBear.ai in a research report on Monday. Finally, HC Wainwright cut their price objective on shares of BigBear.ai from $8.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $5.50.

BigBear.ai Price Performance

The business’s 50-day moving average price is $3.78 and its 200 day moving average price is $5.35. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $1.79 billion, a P/E ratio of -3.74 and a beta of 3.47.

BigBear.ai (NYSE:BBAI) last announced its earnings results on Monday, March 2nd. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. The business had revenue of $27.30 million for the quarter, compared to the consensus estimate of $33.31 million. BigBear.ai had a negative net margin of 230.21% and a negative return on equity of 18.22%. BigBear.ai’s quarterly revenue was down 37.7% on a year-over-year basis. During the same period last year, the firm posted ($0.43) earnings per share. Analysts anticipate that BigBear.ai Holdings, Inc. will post -0.3 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Pamela Joyce Braden sold 80,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $4.00, for a total value of $320,000.00. Following the sale, the director directly owned 508,687 shares of the company’s stock, valued at $2,034,748. This trade represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.54% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On BigBear.ai

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Cantor Fitzgerald L. P. bought a new position in BigBear.ai during the third quarter valued at approximately $1,756,000. PFG Investments LLC bought a new position in BigBear.ai during the third quarter valued at approximately $1,593,000. Vanguard Group Inc. grew its position in BigBear.ai by 32.6% during the third quarter. Vanguard Group Inc. now owns 27,604,836 shares of the company’s stock valued at $179,984,000 after acquiring an additional 6,790,890 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in BigBear.ai during the fourth quarter valued at approximately $896,000. Finally, Y Intercept Hong Kong Ltd bought a new position in BigBear.ai during the third quarter valued at approximately $783,000. 7.55% of the stock is owned by hedge funds and other 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.