C3.ai Sees Unusually Large Options Volume (NYSE:AI)

C3.ai, Inc. (NYSE:AI) saw unusually large options trading activity on Friday. Stock traders bought 248,195 call options on the stock. Thisrepresentsanincreaseofapproximately176% compared to the average daily volume of 89,880 call options.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on AI shares. Northland Capmk lowered C3.ai from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Northland Securities lowered shares of C3.ai from an “outperform” rating to a “market perform” rating and set a $17.00 price target on the stock. in a report on Tuesday, August 12th. Wall Street Zen downgraded shares of C3.ai from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th. UBS Group dropped their price objective on shares of C3.ai from $23.00 to $16.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, JMP Securities reduced their target price on shares of C3.ai from $30.00 to $24.00 and set a “market outperform” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $23.00.

Insider Activity

In other C3.ai news, VP Merel Witteveen sold 5,485 shares of the stock in a transaction on Monday, June 16th. The stock was sold at an average price of $23.95, for a total value of $131,365.75. Following the completion of the transaction, the vice president owned 13,740 shares in the company, valued at approximately $329,073. This represents a 28.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John E. Hyten sold 10,000 shares of the firm’s stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $23.75, for a total transaction of $237,500.00. Following the completion of the sale, the director owned 63,942 shares of the company’s stock, 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 2,162,768 shares of company stock worth $50,525,604 in the last ninety days. 26.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On C3.ai

Large investors have recently made changes to their positions in the company. Two Sigma Investments LP acquired a new stake in shares of C3.ai in the 4th quarter worth approximately $42,306,000. Man Group plc acquired a new stake in shares of C3.ai during the 4th quarter valued at $38,455,000. Two Sigma Advisers LP bought a new stake in shares of C3.ai during the 4th quarter worth $30,725,000. Vident Advisory LLC grew its holdings in shares of C3.ai by 3,935.9% in the 1st quarter. Vident Advisory LLC now owns 568,492 shares of the company’s stock worth $11,967,000 after acquiring an additional 554,406 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of C3.ai by 3.6% during the first quarter. Vanguard Group Inc. now owns 13,407,490 shares of the company’s stock worth $282,228,000 after purchasing an additional 471,521 shares during the period. Institutional investors and hedge funds own 38.96% of the company’s stock.

C3.ai Trading Up 0.7%

Shares of NYSE:AI opened at $15.58 on Friday. The firm has a market cap of $2.09 billion, a PE ratio of -5.99 and a beta of 1.96. The company has a fifty day simple moving average of $22.24 and a 200 day simple moving average of $22.69. C3.ai has a 12-month low of $14.70 and a 12-month high of $45.08.

C3.ai (NYSE:AI) last released its earnings results on Wednesday, September 3rd. The company reported ($0.86) earnings per share for the quarter, missing the consensus estimate of ($0.21) by ($0.65). The company had revenue of $70.26 million during the quarter, compared to the consensus estimate of $104.02 million. C3.ai had a negative return on equity of 40.06% and a negative net margin of 92.08%.C3.ai’s revenue for the quarter was down 19.4% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.05) EPS. C3.ai has set its Q2 2026 guidance at EPS. As a group, equities research analysts forecast that C3.ai will post -2.44 EPS for the current fiscal year.

C3.ai Company 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.