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

C3.ai, Inc. (NYSE:AI) CEO Thomas Siebel sold 16,890 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $10.30, for a total value of $173,967.00. Following the completion of the sale, the chief executive officer owned 738,208 shares in the company, valued at $7,603,542.40. This represents a 2.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

C3.ai Trading Up 4.0%

C3.ai stock traded up $0.42 during midday trading on Thursday, reaching $10.94. 11,970,740 shares of the stock traded hands, compared to its average volume of 6,114,392. The firm has a market cap of $1.70 billion, a PE ratio of -3.28 and a beta of 2.10. The company has a 50-day simple moving average of $9.47 and a two-hundred day simple moving average of $9.43. C3.ai, Inc. has a 12-month low of $7.68 and a 12-month high of $20.22.

C3.ai (NYSE:AI) last issued its quarterly earnings results on Wednesday, September 2nd. The company reported ($0.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company 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 firm earned ($0.37) earnings per share. The business’s revenue for the quarter was down 25.4% compared to the same quarter last year. Equities research analysts anticipate that C3.ai, Inc. will post -2.28 earnings per share for the current year.

Key Headlines Impacting 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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AI. Larson Financial Group LLC raised its position 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 worth $26,000 after acquiring an additional 1,292 shares in the last quarter. Parallel Advisors LLC lifted its stake in 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 purchasing an additional 801 shares during the last quarter. 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 in the last quarter. Comerica Bank boosted its holdings in C3.ai by 839.1% in the fourth quarter. Comerica Bank now owns 2,423 shares of the company’s stock valued at $33,000 after purchasing an additional 2,165 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in C3.ai by 48.7% in the first quarter. NewEdge Advisors LLC now owns 2,442 shares of the company’s stock valued at $51,000 after purchasing an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 38.96% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Canaccord Genuity Group reiterated a “hold” rating and issued a $10.00 target price on shares of C3.ai in a report on Thursday. Needham & Company LLC reissued a “hold” rating on shares of C3.ai in a research report on Thursday. UBS Group reiterated an “underperform” rating on shares of C3.ai in a research note on Tuesday. DA Davidson reiterated an “underperform” rating and set a $7.00 price target on shares of C3.ai in a report on Tuesday. Finally, KeyCorp reissued an “underweight” rating on shares of C3.ai in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus 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.