Key Points
- Thomas Siebel, C3.ai's chairman, sold 511,732 shares on Feb. 10 at an average price of $11.66, generating $5,966,795.12 and reducing his stake by 41.47% to 722,362 shares.
- Shares opened at $10.40 Friday (trading down ~4.1%), with a 50-day SMA of $13.33, 200-day SMA of $16.02, a 12‑month range of $9.99–$33.10, a market cap of about $1.46B, and a negative P/E of -3.67.
- C3.ai slightly beat EPS expectations last quarter ($-0.25 vs. -0.33) but revenue fell 20.3% YoY and margins remain deeply negative, while analysts hold a consensus rating of "Reduce" with a $21 price target and average FY EPS forecast of -2.44.
C3.ai, Inc. (NYSE:AI - Get Free Report) Chairman Thomas Siebel sold 511,732 shares of C3.ai stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $11.66, for a total transaction of $5,966,795.12. Following the completion of the sale, the chairman owned 722,362 shares in the company, valued at approximately $8,422,740.92. This trade represents a 41.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
C3.ai Trading Down 4.1%
Shares of NYSE AI opened at $10.40 on Friday. The firm has a fifty day simple moving average of $13.33 and a two-hundred day simple moving average of $16.02. C3.ai, Inc. has a 12 month low of $9.99 and a 12 month high of $33.10. The firm has a market capitalization of $1.46 billion, a PE ratio of -3.67 and a beta of 1.98.
C3.ai (NYSE:AI - Get Free Report) last announced its earnings results on Wednesday, December 3rd. The company reported ($0.25) earnings per share for the quarter, beating analysts' consensus estimates of ($0.33) by $0.08. C3.ai had a negative net margin of 108.06% and a negative return on equity of 46.51%. The firm had revenue of $75.15 million for the quarter, compared to analyst estimates of $74.86 million. During the same quarter in the previous year, the firm posted ($0.06) EPS. The company's revenue for the quarter was down 20.3% compared to the same quarter last year. On average, sell-side analysts predict that C3.ai, Inc. will post -2.44 earnings per share for the current year.
Analysts Set New Price Targets
Several research analysts have recently issued reports on AI shares. DA Davidson reissued an "underperform" rating and issued a $13.00 target price on shares of C3.ai in a research report on Thursday, December 4th. Needham & Company LLC reiterated a "hold" rating on shares of C3.ai in a report on Thursday, December 4th. Bank of America set a $10.00 price objective on C3.ai in a research report on Friday, January 30th. Canaccord Genuity Group restated a "hold" rating and set a $16.00 target price on shares of C3.ai in a report on Thursday, December 4th. Finally, Wedbush reiterated an "outperform" rating and issued a $20.00 price target on shares of C3.ai in a research note on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have given a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and a consensus price target of $21.00.
View Our Latest Stock Analysis on C3.ai
Institutional Investors Weigh In On C3.ai
A number of institutional investors have recently modified their holdings of the stock. Silicon Valley Capital Partners bought a new position in shares of C3.ai during the second quarter valued at $25,000. Larson Financial Group LLC grew its position in C3.ai by 683.6% during the 3rd quarter. Larson Financial Group LLC now owns 1,481 shares of the company's stock valued at $26,000 after purchasing an additional 1,292 shares during the last quarter. Parallel Advisors LLC increased its stake in C3.ai by 76.4% during the 3rd quarter. Parallel Advisors LLC now owns 1,849 shares of the company's stock valued at $32,000 after purchasing an additional 801 shares in the last quarter. Financial Consulate Inc. purchased a new position in C3.ai in the third quarter worth about $36,000. Finally, Farther Finance Advisors LLC raised its holdings in C3.ai by 66.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,141 shares of the company's stock worth $29,000 after buying an additional 852 shares during the last quarter. 38.96% of the stock is owned by hedge funds and other institutional investors.
About C3.ai
(
Get Free Report)
C3.ai, Inc is a leading enterprise software provider focused on delivering scalable artificial intelligence (AI) and Internet of Things (IoT) solutions to large organizations. The company's core offering, the C3 AI Suite, is a comprehensive, model-driven platform that unifies data ingestion, model development, and application deployment. Through its suite of tools, C3.ai enables customers to accelerate digital transformation initiatives by applying advanced machine learning, predictive analytics, and AI-driven insights across a broad range of business functions.
The C3 AI Suite provides a low-code environment for data scientists and application developers to rapidly design, test, and deploy enterprise-scale AI applications.
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