Stock Traders Purchase High Volume of BigBear.ai Call Options (NYSE:BBAI)

Key Points

• Unusual options activity: Traders bought 103,131 BigBear.ai call options on Wednesday, about 63% above the average call volume, signaling elevated speculative interest in the stock.
• Stock and earnings snapshot: BBAI shares rose to $4.38, with trading volume above average. The company recently beat EPS estimates but missed revenue expectations, and analysts still see a Hold consensus with a $5.50 average price target.
• Insider and analyst sentiment remain mixed: Several directors sold shares recently, while analysts have issued a mix of buy, hold, and sell ratings. HC Wainwright and Cantor Fitzgerald cut price targets, while Wall Street Zen upgraded the stock from sell to hold.

BigBear.ai Holdings, Inc. (NYSE:BBAI - Get Free Report) was the target of some unusual options trading on Wednesday. Traders bought 103,131 call options on the company. This is an increase of 63% compared to the average volume of 63,411 call options.

BigBear.ai Price Performance

Shares of BBAI traded up $0.20 during mid-day trading on Wednesday, hitting $4.38. 59,458,586 shares of the stock were exchanged, compared to its average volume of 48,672,707. The firm has a 50-day moving average of $3.80 and a two-hundred day moving average of $4.85. BigBear.ai has a 52-week low of $3.01 and a 52-week high of $9.39. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.08 and a current ratio of 6.08. The company has a market cap of $2.10 billion, a PE ratio of -5.03 and a beta of 3.25.

BigBear.ai (NYSE:BBAI - Get Free Report) last released its quarterly earnings data on Monday, March 2nd. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.04. BigBear.ai had a negative net margin of 226.69% and a negative return on equity of 16.02%. The business had revenue of $27.30 million during the quarter, compared to analyst estimates of $33.31 million. During the same quarter last year, the business earned ($0.43) earnings per share. BigBear.ai's quarterly revenue was down 37.7% compared to the same quarter last year. On average, equities analysts predict that BigBear.ai will post -0.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on BBAI. HC Wainwright reduced their price objective on shares of BigBear.ai from $8.00 to $6.00 and set a "buy" rating on the stock in a research report on Tuesday, March 3rd. 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 research note on Monday, April 20th. Finally, Cantor Fitzgerald dropped their price objective on shares of BigBear.ai from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Tuesday, March 3rd. One 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. Based on data from MarketBeat, BigBear.ai currently has a consensus rating of "Hold" and an average price target of $5.50.

Insider Buying and Selling at BigBear.ai

In related news, Director Pamela Joyce Braden sold 80,000 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $4.00, for a total transaction of $320,000.00. Following the completion of the sale, the director owned 508,687 shares in the company, valued at approximately $2,034,748. This trade represents a 13.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Dorothy D. Hayes sold 15,000 shares of BigBear.ai stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $4.11, for a total value of $61,650.00. Following the sale, the director directly owned 204,150 shares in the company, valued at $839,056.50. This trade represents a 6.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 105,000 shares of company stock valued at $424,950 over the last ninety days. 0.57% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On BigBear.ai

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BBAI. Hazlett Burt & Watson Inc. boosted its holdings 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 worth $32,000 after purchasing an additional 4,832 shares during the period. Root Financial Partners LLC lifted its position in BigBear.ai by 617.5% in the fourth quarter. Root Financial Partners LLC now owns 5,381 shares of the company's stock worth $29,000 after buying an additional 4,631 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in BigBear.ai by 150.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,640 shares of the company's stock worth $30,000 after buying an additional 3,392 shares during the last quarter. HM Payson & Co. boosted its stake in BigBear.ai by 616.9% during the fourth quarter. HM Payson & Co. now owns 7,169 shares of the company's stock worth $39,000 after buying an additional 6,169 shares during the period. Finally, Hantz Financial Services Inc. increased its position in BigBear.ai by 2,242.9% during the third quarter. Hantz Financial Services Inc. now owns 8,200 shares of the company's stock valued at $53,000 after acquiring an additional 7,850 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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