Insider Selling: C3.ai (NYSE:AI) CEO Sells 23,570 Shares of Stock

C3.ai, Inc. (NYSE:AI) CEO Thomas Siebel sold 23,570 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $10.92, for a total value of $257,384.40. Following the completion of the transaction, the chief executive officer owned 743,559 shares in the company, valued at approximately $8,119,664.28. This trade represents a 3.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 Stock Up 1.1%

Shares of NYSE AI traded up $0.12 during midday trading on Monday, hitting $11.02. The stock had a trading volume of 6,981,623 shares, compared to its average volume of 7,816,163. The company has a market capitalization of $1.60 billion, a PE ratio of -3.30 and a beta of 2.04. The stock has a 50 day simple moving average of $9.51 and a 200-day simple moving average of $11.00. C3.ai, Inc. has a 1 year low of $7.68 and a 1 year high of $30.11.

C3.ai (NYSE:AI) last released its earnings results on Wednesday, June 3rd. The company reported ($0.33) earnings per share for the quarter, beating the consensus estimate of ($0.38) by $0.05. The business had revenue of $51.60 million for the quarter, compared to the consensus estimate of $51.60 million. C3.ai had a negative return on equity of 60.20% and a negative net margin of 187.95%.The business’s quarterly revenue was down 52.5% compared to the same quarter last year. During the same quarter last year, the business posted ($0.16) earnings per share. As a group, analysts expect that C3.ai, Inc. will post -2.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AI has been the subject of several recent research reports. KeyCorp reaffirmed an “underweight” rating on shares of C3.ai in a report on Thursday, June 4th. Canaccord Genuity Group increased their price target on C3.ai from $8.00 to $10.00 and gave the company a “hold” rating in a report on Thursday, June 4th. Citizens Jmp reissued a “market perform” rating on shares of C3.ai in a research note on Thursday, June 4th. JPMorgan Chase & Co. cut their target price on C3.ai from $10.00 to $7.00 and set an “underweight” rating for the company in a research note on Thursday, February 26th. Finally, Needham & Company LLC reissued a “hold” rating on shares of C3.ai in a research note on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have issued a Hold rating and six have assigned a Sell rating to the stock. According to data from MarketBeat, C3.ai presently has an average rating of “Reduce” and a consensus price target of $12.92.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC boosted its position in shares of C3.ai by 48.7% during the first quarter. NewEdge Advisors LLC now owns 2,442 shares of the company’s stock worth $51,000 after buying an additional 800 shares during the period. Parallel Advisors LLC boosted its position in shares of C3.ai by 76.4% during the third quarter. Parallel Advisors LLC now owns 1,849 shares of the company’s stock worth $32,000 after buying an additional 801 shares during the period. BOKF NA boosted its position in shares of C3.ai by 20.7% during the third quarter. BOKF NA now owns 4,709 shares of the company’s stock worth $82,000 after buying an additional 809 shares during the period. Farther Finance Advisors LLC boosted 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 valued at $29,000 after purchasing an additional 852 shares during the period. Finally, Clearstead Advisors LLC boosted its holdings in C3.ai by 58.0% in the third quarter. Clearstead Advisors LLC now owns 2,350 shares of the company’s stock valued at $41,000 after purchasing an additional 863 shares during the period. 38.96% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories 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

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.