C3.ai (NYSE:AI) CEO Thomas Siebel Sells 17,350 Shares of Stock

C3.ai, Inc. (NYSE:AI) CEO Thomas Siebel sold 17,350 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $11.32, for a total value of $196,402.00. Following the completion of the sale, the chief executive officer directly owned 6,904,415 shares of the company’s stock, valued at $78,157,977.80. This represents a 0.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

C3.ai Price Performance

C3.ai stock opened at $10.71 on Thursday. The stock’s 50 day moving average price is $9.10 and its 200 day moving average price is $11.16. C3.ai, Inc. has a 1-year low of $7.68 and a 1-year high of $30.11. The company has a market cap of $1.56 billion, a PE ratio of -3.40 and a beta of 2.04.

C3.ai (NYSE:AI) last released its quarterly earnings data on Wednesday, June 3rd. The company reported ($0.33) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.38) by $0.05. The firm had revenue of $51.60 million during the quarter, compared to analysts’ expectations of $51.60 million. C3.ai had a negative return on equity of 55.40% and a negative net margin of 141.35%.C3.ai’s revenue was down 52.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.16) earnings per share. On average, equities research analysts anticipate that C3.ai, Inc. will post -3.22 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Wolfe Research restated an “underperform” rating and set a $6.00 target price on shares of C3.ai in a research report on Thursday, February 26th. DA Davidson reiterated an “underperform” rating and set a $7.00 price target on shares of C3.ai in a research report on Wednesday, May 13th. Canaccord Genuity Group boosted their price target on C3.ai from $7.00 to $8.00 and gave the stock a “hold” rating in a research note on Wednesday, May 13th. Wedbush restated an “outperform” rating and issued a $15.00 price target on shares of C3.ai in a report on Wednesday, May 13th. Finally, BMO Capital Markets set a $7.00 price objective on C3.ai in a research note on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have issued a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $12.85.

Trending Headlines about C3.ai

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

• Positive Sentiment: C3.ai beat quarterly expectations, reporting a smaller-than-expected loss of $0.33 per share versus estimates of a $0.38 loss, while revenue of $51.6 million matched Wall Street’s forecast. C3.ai Inc (AI) Q4 2026 Earnings Call Highlights: Navigating Challenges and Strategic Restructuring
• Positive Sentiment: Management issued fiscal Q1 2027 revenue guidance of $50 million to $54 million and FY 2027 revenue guidance of $210 million to $240 million, both roughly in line with or slightly above consensus, which helped support sentiment. C3 AI Announces Fiscal Fourth Quarter and Full Fiscal Year 2026 Results
• Positive Sentiment: Investors also reacted favorably to signs of restructuring and a renewed focus on sales execution, along with the return of founder Tom Siebel as CEO and a reported $69 million cash injection, which reinforced turnaround hopes. AI Stock Jumps 3% After-Hours — Founder Siebel Returns As CEO With $69M Cash Injection

Hedge Funds Weigh In On C3.ai

A number of institutional investors have recently modified their holdings of AI. Larson Financial Group LLC grew its stake in C3.ai by 683.6% in 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 during the period. Parallel Advisors LLC lifted its stake 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. Farther Finance Advisors LLC boosted its holdings in shares of C3.ai by 66.1% during the fourth quarter. Farther Finance Advisors LLC now owns 2,141 shares of the company’s stock worth $29,000 after purchasing an additional 852 shares during the last quarter. Clearstead Advisors LLC boosted its holdings in shares of C3.ai by 58.0% during the third quarter. Clearstead Advisors LLC now owns 2,350 shares of the company’s stock worth $41,000 after purchasing an additional 863 shares during the last quarter. Finally, Comerica Bank grew its position in shares of 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 during the period. Institutional investors and hedge funds 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.