C3.ai (NYSE:AI) CEO Thomas Siebel Sells 472,005 Shares of Stock

C3.ai, Inc. (NYSE:AI) CEO Thomas Siebel sold 472,005 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $11.11, for a total transaction of $5,243,975.55. Following the transaction, the chief executive officer owned 722,362 shares in the company, valued at approximately $8,025,441.82. This trade represents a 39.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

C3.ai Trading Up 1.1%

Shares of AI opened at $11.02 on Tuesday. The firm’s 50-day moving average is $9.51 and its two-hundred day moving average is $11.00. C3.ai, Inc. has a twelve month low of $7.68 and a twelve month high of $30.11. The firm has a market capitalization of $1.60 billion, a P/E ratio of -3.30 and a beta of 2.04.

C3.ai (NYSE:AI) last issued its earnings results on Wednesday, June 3rd. The company reported ($0.33) earnings per share for the quarter, topping the consensus estimate of ($0.38) by $0.05. C3.ai had a negative net margin of 187.95% and a negative return on equity of 60.20%. The company had revenue of $51.60 million for the quarter, compared to analyst estimates of $51.60 million. During the same period in the prior year, the business posted ($0.16) earnings per share. The firm’s revenue for the quarter was down 52.5% compared to the same quarter last year. Analysts predict that C3.ai, Inc. will post -2.26 EPS for the current year.

Key Headlines Impacting C3.ai

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

• Positive Sentiment: Investor commentary highlighted C3.ai as a Q1 earnings outperformer within data infrastructure stocks, reinforcing the view that the company can stand out relative to peers when results show improvement. Q1 Earnings Outperformers: C3.ai (NYSE:AI) And The Rest Of The Data Infrastructure Stocks
• Neutral Sentiment: Several articles discussed broader AI adoption trends, including research showing companies need stronger data foundations to capture AI ROI and reports that AI is boosting spending across retail and other industries. These stories support the long-term AI narrative, but they do not directly change C3.ai’s fundamentals. Boomi Study Finds APAC Organisations Risking AI ROI Without Strong Data Foundations AI-referred US shoppers browse longer, spend more per visit, data shows
• Neutral Sentiment: Other AI-related headlines, such as funding for AI-driven drug discovery, food-tech investment, and an accounting foundation recognizing AI adoption, point to continued sector momentum but have little direct impact on C3.ai’s stock.
• Negative Sentiment: There was also a more cautious industry note about AI deepfakes and misinformation risks, which can add to regulatory and reputational concerns around the AI sector broadly. AI Deepfakes Are Getting Weirder and Harder to Spot in the Midterms

Wall Street Analysts Forecast Growth

AI has been the topic of several research reports. Weiss Ratings upgraded shares of C3.ai from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, June 1st. JPMorgan Chase & Co. lowered their price target on shares of C3.ai from $10.00 to $7.00 and set an “underweight” rating on the stock in a research report on Thursday, February 26th. Canaccord Genuity Group increased their price target on shares of C3.ai from $8.00 to $10.00 and gave the company a “hold” rating in a research report on Thursday, June 4th. Wolfe Research reiterated an “underperform” rating and issued a $6.00 price target on shares of C3.ai in a research report on Thursday, February 26th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of C3.ai in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have given a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, C3.ai presently has a consensus rating of “Reduce” and a consensus price target of $12.92.

Hedge Funds Weigh In On C3.ai

Several institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of C3.ai by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 14,469,953 shares of the company’s stock valued at $195,055,000 after buying an additional 108,011 shares during the period. Morgan Stanley lifted its stake in shares of C3.ai by 1.9% during the fourth quarter. Morgan Stanley now owns 4,824,499 shares of the company’s stock valued at $65,034,000 after buying an additional 91,802 shares during the period. Bank of America Corp DE lifted its stake in shares of C3.ai by 55.1% during the first quarter. Bank of America Corp DE now owns 3,282,183 shares of the company’s stock valued at $27,636,000 after buying an additional 1,166,302 shares during the period. State Street Corp lifted its stake in shares of C3.ai by 3.3% during the fourth quarter. State Street Corp now owns 2,976,389 shares of the company’s stock valued at $40,122,000 after buying an additional 94,086 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of C3.ai by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,868,578 shares of the company’s stock valued at $38,675,000 after buying an additional 21,451 shares during the period. Hedge funds and other institutional investors own 38.96% of the company’s stock.

About C3.ai

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.