BigBear.ai Target of Unusually High Options Trading (NYSE:BBAI)

Key Points

• Investors bought an unusually large number of calls—116,519 call options on Tuesday, about a 73% jump versus typical daily call volume—and the stock climbed 10.9% to $4.14 on heavy trading volume.
• Director Pamela Joyce Braden sold 80,000 shares at an average price of $4.00 on March 16, trimming her position by 13.6%; insiders now own just 0.54% of the company.
• BigBear.ai beat EPS estimates with ($0.01) for the quarter but missed on revenue—$27.3M versus $33.3M expected—a 37.7% year‑over‑year decline, leaving the company with negative margins and mixed analyst ratings (average target $5.50, consensus "Hold").

BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) saw some unusual options trading on Tuesday. Stock investors purchased 116,519 call options on the stock. This represents an increase of approximately 73% compared to the typical daily volume of 67,407 call options.

Insider Activity

In other news, Director Pamela Joyce Braden sold 80,000 shares of BigBear.ai stock in a transaction on Monday, March 16th. The stock was sold at an average price of $4.00, for a total value of $320,000.00. Following the transaction, the director owned 508,687 shares in the company, valued at approximately $2,034,748. This trade represents a 13.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.54% of the company's stock.

Institutional Investors Weigh In On BigBear.ai

A number of institutional investors have recently made changes to their positions in BBAI. Root Financial Partners LLC lifted its stake in shares of BigBear.ai by 617.5% in the 4th quarter. Root Financial Partners LLC now owns 5,381 shares of the company's stock valued at $29,000 after purchasing an additional 4,631 shares during the period. CWM LLC lifted its stake in shares of BigBear.ai by 237.5% in the 3rd quarter. CWM LLC now owns 4,640 shares of the company's stock valued at $30,000 after purchasing an additional 3,265 shares during the period. PNC Financial Services Group Inc. lifted its stake 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 valued at $30,000 after purchasing an additional 3,392 shares during the period. Hazlett Burt & Watson Inc. lifted its stake in shares of BigBear.ai by 3,355.6% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 4,976 shares of the company's stock valued at $32,000 after purchasing an additional 4,832 shares during the period. Finally, HM Payson & Co. lifted its stake in shares of BigBear.ai by 616.9% in the 4th quarter. HM Payson & Co. now owns 7,169 shares of the company's stock valued at $39,000 after purchasing an additional 6,169 shares during the period. Institutional investors own 7.55% of the company's stock.

BigBear.ai Trading Up 10.9%

Shares of NYSE BBAI traded up $0.41 during trading on Tuesday, reaching $4.14. The company had a trading volume of 68,902,845 shares, compared to its average volume of 49,849,422. The company's fifty day moving average price is $3.75 and its 200-day moving average price is $5.25. BigBear.ai has a 12 month low of $2.96 and a 12 month high of $9.39. The stock has a market cap of $1.98 billion, a P/E ratio of -4.14 and a beta of 3.47. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 0.16.

BigBear.ai (NYSE:BBAI - Get Free Report) last released its quarterly earnings results on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.04. BigBear.ai had a negative return on equity of 18.22% and a negative net margin of 230.21%.The firm had revenue of $27.30 million for the quarter, compared to analyst estimates of $33.31 million. During the same quarter in the previous year, the company posted ($0.43) EPS. The business's revenue was down 37.7% on a year-over-year basis. As a group, research analysts expect that BigBear.ai will post -0.3 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Cantor Fitzgerald decreased their price target on BigBear.ai from $6.00 to $5.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 3rd. Weiss Ratings restated a "sell (d-)" rating on shares of BigBear.ai in a research report on Monday, April 20th. HC Wainwright reduced their price objective on BigBear.ai from $8.00 to $6.00 and set a "buy" rating on the stock in a research report on Tuesday, March 3rd. Finally, Wall Street Zen lowered BigBear.ai from a "hold" rating to a "sell" rating in a research report on Saturday, January 10th. One 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 MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $5.50.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.