C3.ai (NYSE:AI) Earns “Sell (D-)” Rating from Weiss Ratings

C3.ai (NYSE:AI)‘s stock had its “sell (d-)” rating restated by Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

AI has been the topic of several other reports. Westpark Capital upgraded shares of C3.ai to a “strong-buy” rating and set a $40.00 target price on the stock in a research report on Wednesday, July 9th. DA Davidson restated an “underperform” rating and set a $13.00 target price (down from $25.00) on shares of C3.ai in a research report on Monday, August 11th. UBS Group boosted their target price on shares of C3.ai from $16.00 to $17.00 and gave the stock a “neutral” rating in a research report on Friday, September 12th. Canaccord Genuity Group decreased their target price on shares of C3.ai from $28.00 to $16.00 and set a “hold” rating on the stock in a research report on Friday, September 5th. Finally, Needham & Company LLC restated a “hold” rating on shares of C3.ai in a research report on Thursday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $22.09.

C3.ai Price Performance

NYSE:AI opened at $18.92 on Wednesday. The firm’s fifty day moving average price is $18.05 and its 200 day moving average price is $21.69. C3.ai has a 1-year low of $14.70 and a 1-year high of $45.08. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of -7.28 and a beta of 1.96.

C3.ai (NYSE:AI) last posted its quarterly earnings data on Wednesday, September 3rd. The company reported ($0.86) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.65). C3.ai had a negative net margin of 92.08% and a negative return on equity of 40.69%. The firm had revenue of $70.26 million during the quarter, compared to analysts’ expectations of $104.02 million. During the same quarter last year, the business earned ($0.05) earnings per share. The business’s quarterly revenue was down 19.4% on a year-over-year basis. C3.ai has set its Q2 2026 guidance at EPS. As a group, analysts expect that C3.ai will post -2.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Robert David Schilling sold 470,420 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $17.29, for a total value of $8,133,561.80. Following the sale, the executive vice president directly owned 1,011,327 shares in the company, valued at $17,485,843.83. The trade was a 31.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Thomas M. Siebel sold 566,125 shares of the business’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $17.23, for a total transaction of $9,754,333.75. Following the completion of the sale, the chairman owned 2,510,102 shares in the company, valued at $43,249,057.46. This represents a 18.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,695,772 shares of company stock worth $54,661,544 in the last three months. Corporate insiders own 26.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AI. Wealth Enhancement Advisory Services LLC increased its stake in shares of C3.ai by 44.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,180 shares of the company’s stock valued at $557,000 after acquiring an additional 4,941 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of C3.ai by 4,846.5% during the 1st quarter. GAMMA Investing LLC now owns 12,020 shares of the company’s stock valued at $253,000 after acquiring an additional 11,777 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of C3.ai by 41.0% during the 1st quarter. SG Americas Securities LLC now owns 15,073 shares of the company’s stock valued at $317,000 after acquiring an additional 4,381 shares during the last quarter. Handelsbanken Fonder AB increased its stake in shares of C3.ai by 43.3% during the 1st quarter. Handelsbanken Fonder AB now owns 38,400 shares of the company’s stock valued at $808,000 after acquiring an additional 11,600 shares during the last quarter. Finally, CX Institutional acquired a new position in shares of C3.ai during the 1st quarter valued at about $34,000. Institutional investors and hedge funds own 38.96% of the company’s stock.

About C3.ai

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.