BigBear.ai (NYSE:BBAI) Shares Gap Up - Here's What Happened

Market Beat
2025.03.10 16:36
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BigBear.ai (NYSE:BBAI) shares gapped up from $3.34 to $3.48 before trading at $3.24 with a volume of 23.7 million shares. Analysts have mixed views, with Northland Securities downgrading the stock to 'market perform' but raising the target price to $4.00. HC Wainwright set a 'buy' rating with a target of $6.00, while Cantor Fitzgerald lowered theirs to $6.00. Insider selling included CEO Amanda Long selling 200,000 shares. Institutional investors hold 7.55% of the stock, with AE Industrial Partners purchasing a significant position.