Jim Snabe Acquires 25,000 Shares of C3.ai (NYSE:AI) Stock

C3.ai, Inc. (NYSE:AI) Director Jim Snabe bought 25,000 shares of C3.ai stock in a transaction on Monday, March 9th. The shares were purchased at an average cost of $9.00 per share, with a total value of $225,000.00. Following the completion of the purchase, the director directly owned 395,000 shares in the company, valued at $3,555,000. This trade represents a 6.76% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

C3.ai Trading Up 3.4%

AI opened at $9.27 on Thursday. The business’s 50 day moving average is $11.46 and its 200-day moving average is $14.55. The stock has a market cap of $1.30 billion, a PE ratio of -2.94 and a beta of 2.05. C3.ai, Inc. has a twelve month low of $7.72 and a twelve month high of $30.24.

C3.ai (NYSE:AI) last announced its earnings results on Wednesday, February 25th. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.29) by ($0.11). C3.ai had a negative net margin of 141.35% and a negative return on equity of 53.96%. The business had revenue of $53.26 million for the quarter, compared to the consensus estimate of $75.91 million. During the same period in the previous year, the firm earned ($0.12) EPS. The firm’s revenue was down 46.1% on a year-over-year basis. As a group, analysts forecast that C3.ai, Inc. will post -2.44 EPS for the current year.

Hedge Funds Weigh In On C3.ai

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Silicon Valley Capital Partners purchased a new stake in C3.ai during the second quarter valued at about $25,000. Larson Financial Group LLC raised its holdings in shares of C3.ai by 683.6% during the third quarter. Larson Financial Group LLC now owns 1,481 shares of the company’s stock valued at $26,000 after acquiring an additional 1,292 shares during the period. Farther Finance Advisors LLC lifted its position in shares of C3.ai by 66.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,141 shares of the company’s stock valued at $29,000 after acquiring an additional 852 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of C3.ai by 76.4% in the 3rd quarter. Parallel Advisors LLC now owns 1,849 shares of the company’s stock valued at $32,000 after acquiring an additional 801 shares in the last quarter. Finally, Comerica Bank boosted its stake in 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. Institutional investors and hedge funds own 38.96% of the company’s stock.

Key C3.ai News

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

• Positive Sentiment: Director Jim H. Snabe bought 25,000 shares at roughly $9 each, signalling insider confidence and providing short-term support. Read More.
• Positive Sentiment: Management is executing a restructuring (including ~26% headcount cuts) to lower operating costs and reset growth strategy — a move that could improve margins if execution holds. Read More.
• Neutral Sentiment: The stock has seen a sharp pullback that has reset valuation expectations and attracted fresh analysis on whether the current price reflects the company’s growth trajectory. Read More.
• Neutral Sentiment: Industry-level comparisons from recent Q4 data-infrastructure coverage are highlighting mixed relative performance vs. peers — useful for positioning but not a near-term catalyst by itself. Read More.
• Neutral Sentiment: Macro prints (CPI/Fed remarks) and broader AI sector rotation remain key market drivers that can amplify moves in C3.ai given its high beta. Read More.
• Negative Sentiment: Recent Q3 results were weak: EPS and revenue missed estimates materially (Q3 revenue ~$53M vs. ~$76M expected), and revenue is down ~46% year-over-year — the primary reason for recent selling pressure. Read More.
• Negative Sentiment: Analysts have cut targets and reiterated reduce/underperform views following the results, leaving consensus ratings and target-price dispersion skewed negative. Read More.
• Negative Sentiment: Pomerantz has opened an investor investigation, introducing potential litigation risk and headline volatility if a class action proceeds. Read More.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. DA Davidson reduced their price target on shares of C3.ai from $13.00 to $7.00 and set an “underperform” rating for the company in a research note on Thursday, February 26th. BMO Capital Markets set a $7.00 target price on C3.ai in a report on Thursday, February 26th. Wolfe Research restated an “underperform” rating and issued a $6.00 target price on shares of C3.ai in a research report on Thursday, February 26th. Wedbush lowered their price target on C3.ai from $20.00 to $15.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. Finally, Bank of America set a $10.00 target price on C3.ai in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have given a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $15.87.

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.