C3.ai (NYSE:AI) Chairman Sells $1,901,278.98 in Stock

C3.ai, Inc. (NYSE:AI) Chairman Thomas Siebel sold 219,294 shares of C3.ai stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $8.67, for a total transaction of $1,901,278.98. Following the transaction, the chairman owned 722,362 shares of the company’s stock, valued at $6,262,878.54. The trade was a 23.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

C3.ai Stock Down 2.3%

Shares of AI opened at $8.47 on Friday. The stock has a market cap of $1.19 billion, a P/E ratio of -2.69 and a beta of 2.05. The business’s 50 day moving average price is $10.75 and its 200-day moving average price is $14.14. C3.ai, Inc. has a 52 week low of $7.72 and a 52 week high of $30.24.

C3.ai (NYSE:AI) last posted its quarterly earnings data on Wednesday, February 25th. The company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.11). The company had revenue of $53.26 million for the quarter, compared to the consensus estimate of $75.91 million. C3.ai had a negative net margin of 141.35% and a negative return on equity of 55.40%. The firm’s quarterly revenue was down 46.1% on a year-over-year basis. During the same period last year, the business earned ($0.12) EPS. On average, equities analysts anticipate that C3.ai, Inc. will post -2.44 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AI. Silicon Valley Capital Partners bought a new position in C3.ai in the second quarter valued at about $25,000. Larson Financial Group LLC grew its stake in shares of 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 period. Farther Finance Advisors LLC grew its stake in shares of C3.ai by 66.1% during the 4th quarter. Farther Finance Advisors LLC now owns 2,141 shares of the company’s stock valued at $29,000 after purchasing an additional 852 shares during the period. Parallel Advisors LLC increased its position in shares of 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 during the last quarter. Finally, Comerica Bank lifted its stake in shares of C3.ai by 839.1% in the 4th quarter. Comerica Bank now owns 2,423 shares of the company’s stock worth $33,000 after purchasing an additional 2,165 shares during the period. 38.96% of the stock is owned by institutional investors.

C3.ai News Summary

Here are the key news stories impacting C3.ai this week:

• Positive Sentiment: Unusual call-option activity — Investors bought roughly 108,092 call options on Friday (about a 78% jump vs. typical daily call volume). Heavy call buying can signal bullish, short-term speculation or positioning ahead of potential positive catalysts; it can lift near-term price and implied volatility.
• Positive Sentiment: Strategy tightening may improve conversions — C3.ai is narrowing its AI pilot approach to focus on higher-value deployments aimed at better conversion rates and clearer ROI for enterprise customers, which could improve future revenue visibility and deal economics if execution succeeds. C3.ai Tightens AI Pilot Strategy
• Negative Sentiment: Large insider selling by the chairman — Chairman Thomas Siebel disclosed multi-day sales totaling several hundred thousand shares (transactions on March 17–18 totaling millions of dollars). Large insider reductions, especially by a founder-level figure, are generally viewed negatively by the market and can pressure the stock. Chairman Sells $1.9M in Stock
• Negative Sentiment: Investor litigation probe — Pomerantz LLP has opened an investigation on behalf of C3.ai investors, a development that can increase legal and reputational risk and weigh on sentiment until resolved. Pomerantz Investigation
• Negative Sentiment: Analyst consensus and ratings are weak — Recent analyst coverage shows a consensus “Reduce” rating and continued price-target cuts, reflecting skepticism on near-term revenue and profitability recovery; this contributes to selling pressure. Consensus “Reduce” Rating

Analysts Set New Price Targets

AI has been the subject of several recent analyst reports. Needham & Company LLC reaffirmed a “hold” rating on shares of C3.ai in a research report on Thursday, December 4th. Wolfe Research reissued an “underperform” rating and set a $6.00 price objective on shares of C3.ai in a research report on Thursday, February 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of C3.ai in a report on Wednesday, January 21st. KeyCorp dropped their target price on shares of C3.ai from $10.00 to $6.00 and set an “underweight” rating on the stock in a research note on Thursday, February 26th. Finally, Citizens Jmp cut shares of C3.ai from an “outperform” rating to a “market perform” rating in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $15.87.

C3.ai Company Profile

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.