BigBear.ai Holdings, Inc. (NYSE:BBAI – Get Free Report) fell 4.3% during mid-day trading on Tuesday . The company traded as low as $3.38 and last traded at $3.4250. Approximately 34,108,748 shares were traded during trading, a decline of 27% from the average session volume of 46,767,105 shares. The stock had previously closed at $3.58.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of BigBear.ai in a report on Monday, April 20th. Wall Street Zen upgraded BigBear.ai from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $5.50.
BigBear.ai Stock Down 4.3%
Insider Buying and Selling
In other BigBear.ai news, Director Dorothy D. Hayes sold 15,000 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $4.11, for a total transaction of $61,650.00. Following the completion of the sale, the director owned 204,150 shares of the company’s stock, valued at $839,056.50. This represents a 6.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Sean Raymond Ricker sold 10,000 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $4.33, for a total transaction of $43,300.00. Following the completion of the sale, the chief financial officer directly owned 609,256 shares in the company, valued at approximately $2,638,078.48. This trade represents a 1.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.57% of the company’s stock.
Institutional Trading of BigBear.ai
A number of institutional investors have recently modified their holdings of the company. Van ECK Associates Corp purchased a new position in BigBear.ai during the 4th quarter valued at about $46,675,000. UBS Group AG raised its position in BigBear.ai by 145.7% during the 4th quarter. UBS Group AG now owns 10,386,833 shares of the company’s stock valued at $56,089,000 after purchasing an additional 6,158,665 shares during the last quarter. Vanguard Group Inc. lifted its holdings in BigBear.ai by 18.4% in the 4th quarter. Vanguard Group Inc. now owns 32,695,344 shares of the company’s stock worth $176,555,000 after buying an additional 5,090,508 shares during the period. Two Sigma Investments LP lifted its holdings in BigBear.ai by 165.5% in the 3rd quarter. Two Sigma Investments LP now owns 4,903,920 shares of the company’s stock worth $31,974,000 after buying an additional 3,056,597 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of BigBear.ai by 35.9% in the 4th quarter. Geode Capital Management LLC now owns 10,247,877 shares of the company’s stock worth $55,347,000 after buying an additional 2,706,195 shares during the last quarter. 7.55% of the stock is currently owned by hedge funds and other institutional investors.
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.
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