Charles Schwab Investment Management Inc. Lowers Stock Position in C3.ai, Inc. $AI

Charles Schwab Investment Management Inc. trimmed its holdings in C3.ai, Inc. (NYSE:AI) by 0.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 928,592 shares of the company’s stock after selling 4,547 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.70% of C3.ai worth $19,547,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AI. Garde Capital Inc. acquired a new position in C3.ai in the first quarter valued at $29,000. Russell Investments Group Ltd. grew its holdings in shares of C3.ai by 100.7% during the fourth quarter. Russell Investments Group Ltd. now owns 909 shares of the company’s stock worth $31,000 after buying an additional 456 shares during the last quarter. Orion Capital Management LLC acquired a new position in C3.ai in the 4th quarter valued at about $34,000. CX Institutional purchased a new stake in C3.ai during the 1st quarter valued at approximately $34,000. Finally, Raiffeisen Bank International AG purchased a new position in shares of C3.ai in the 4th quarter valued at approximately $36,000. Institutional investors and hedge funds own 38.96% of the company’s stock.

Insider Activity

In related news, Director Richard C. Levin sold 36,000 shares of C3.ai stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $28.17, for a total transaction of $1,014,120.00. Following the completion of the transaction, the director directly owned 161,664 shares of the company’s stock, valued at approximately $4,554,074.88. The trade was a 18.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director John E. Hyten sold 10,000 shares of the company’s stock in a transaction on Friday, June 13th. The shares were sold at an average price of $23.75, for a total value of $237,500.00. Following the completion of the sale, the director directly owned 63,942 shares in the company, valued at $1,518,622.50. This trade represents a 13.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,257,074 shares of company stock valued at $53,260,950 in the last 90 days. Insiders own 33.54% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on AI shares. JPMorgan Chase & Co. decreased their price target on C3.ai from $27.00 to $23.00 and set an “underweight” rating for the company in a report on Thursday, May 29th. JMP Securities restated a “market outperform” rating and issued a $50.00 target price on shares of C3.ai in a research note on Friday, July 25th. Northland Capmk lowered shares of C3.ai from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Wall Street Zen cut shares of C3.ai from a “hold” rating to a “sell” rating in a report on Saturday, August 16th. Finally, DA Davidson reaffirmed an “underperform” rating and issued a $13.00 price objective (down previously from $25.00) on shares of C3.ai in a report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, C3.ai has a consensus rating of “Reduce” and an average target price of $27.43.

C3.ai Stock Down 0.5%

Shares of AI opened at $16.8510 on Friday. C3.ai, Inc. has a 52-week low of $14.70 and a 52-week high of $45.08. The company has a 50-day simple moving average of $23.84 and a 200-day simple moving average of $23.92. The company has a market capitalization of $2.26 billion, a PE ratio of -7.52 and a beta of 1.98.

C3.ai (NYSE:AI) last issued its earnings results on Wednesday, May 28th. The company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.04. C3.ai had a negative net margin of 74.21% and a negative return on equity of 33.51%. The company had revenue of $108.72 million for the quarter, compared to analyst estimates of $107.85 million. During the same period in the prior year, the business posted ($0.11) earnings per share. The firm’s revenue for the quarter was up 25.5% compared to the same quarter last year. C3.ai has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, research analysts anticipate that C3.ai, Inc. will post -2.44 EPS for the current year.

C3.ai Profile

C3.ai, Inc operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides C3 AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 Generative AI Product Suite that enables to locate, retrieve, and present information.