Thomas Siebel Sells 16,890 Shares of C3.ai (NYSE:AI) Stock

C3.ai, Inc. (NYSE:AI) CEO Thomas Siebel sold 16,890 shares of the stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $10.30, for a total transaction of $173,967.00. Following the sale, the chief executive officer directly owned 738,208 shares in the company, valued at $7,603,542.40. This trade represents a 2.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

C3.ai Trading Up 4.0%

AI traded up $0.42 on Thursday, reaching $10.94. The stock had a trading volume of 11,970,740 shares, compared to its average volume of 6,114,392. The business’s 50-day moving average price is $9.47 and its two-hundred day moving average price is $9.43. The company has a market cap of $1.70 billion, a P/E ratio of -3.28 and a beta of 2.10. C3.ai, Inc. has a 12-month low of $7.68 and a 12-month high of $20.22.

C3.ai (NYSE:AI) last posted its earnings results on Wednesday, September 2nd. The company reported ($0.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.06. C3.ai had a negative net margin of 187.95% and a negative return on equity of 62.44%. The business had revenue of $52.38 million for the quarter, compared to analyst estimates of $52.06 million. During the same period in the prior year, the company posted ($0.37) EPS. The company’s revenue for the quarter was down 25.4% on a year-over-year basis. As a group, analysts predict that C3.ai, Inc. will post -2.28 earnings per share for the current year.

Institutional Trading of C3.ai

Hedge funds and other institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new stake in C3.ai during the first quarter worth about $26,000. Larson Financial Group LLC increased its position 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 last quarter. Farther Finance Advisors LLC lifted its holdings 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 worth $29,000 after acquiring an additional 852 shares during the last quarter. Parallel Advisors LLC boosted 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 worth $32,000 after purchasing an additional 801 shares during the period. Finally, Comerica Bank boosted its position in shares of C3.ai by 839.1% during 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 and hedge funds.

Trending Headlines about C3.ai

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

• Positive Sentiment: Quarterly loss was $0.20 per share versus the $0.26 consensus estimate, while revenue of $52.38 million modestly exceeded expectations. The loss also improved from $0.37 per share a year earlier. C3.ai Reports Q1 Loss, Beats Revenue Estimates
• Positive Sentiment: Bookings surged 73% sequentially and free cash flow turned positive, suggesting that sales-team restructuring and renewed customer activity may be producing early turnaround results. C3.ai Bookings Jumped 73% and Free Cash Flow Turned Positive
• Positive Sentiment: Seeking Alpha upgraded C3.ai to Buy, citing improving bookings, Siebel’s renewed leadership, the company’s enterprise AI platform, and approximately $650 million in cash that provides operating flexibility. C3.ai: Early Turnaround Signals Are Here
• Neutral Sentiment: Management outlined fiscal 2027 revenue of $210 million to $240 million and emphasized cost discipline, federal contracts, and product refocusing. The range is broadly near analyst expectations but implies that a sustained recovery still depends on consistent execution. C3.ai Outlines Fiscal 2027 Revenue Outlook
• Negative Sentiment: Revenue fell approximately 25% year over year to $52.4 million, and projected quarterly revenue of $51 million to $55 million is below the roughly $56.6 million analyst estimate. This keeps pressure on the turnaround narrative. C3.ai Quarterly Sales and Guidance
• Negative Sentiment: Analyst sentiment remains divided: Canaccord reaffirmed Hold with a $10 target, Citizens JMP maintained Market Perform, and DA Davidson issued an Underperform rating. C3.ai Earns Underperform Rating

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on AI shares. DA Davidson reiterated an “underperform” rating and set a $7.00 target price on shares of C3.ai in a research report on Tuesday. Citizens Jmp reissued a “market perform” rating on shares of C3.ai in a report on Thursday. KeyCorp restated an “underweight” rating on shares of C3.ai in a research report on Thursday, June 4th. Wedbush reiterated an “outperform” rating and issued a $15.00 target price on shares of C3.ai in a research report on Thursday, June 4th. Finally, Weiss Ratings raised shares of C3.ai from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, August 4th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $10.09.

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.