AXQ Capital LP Acquires New Shares in C3.ai, Inc. $AI

AXQ Capital LP acquired a new position in shares of C3.ai, Inc. (NYSE:AI) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 12,738 shares of the company’s stock, valued at approximately $313,000.

Several other large investors also recently bought and sold shares of the company. NewEdge Advisors LLC raised its stake in shares of C3.ai by 48.7% during the 1st quarter. NewEdge Advisors LLC now owns 2,442 shares of the company’s stock worth $51,000 after buying an additional 800 shares during the last quarter. Blue Trust Inc. increased its holdings in C3.ai by 53.7% during the 2nd quarter. Blue Trust Inc. now owns 2,329 shares of the company’s stock valued at $57,000 after acquiring an additional 814 shares in the last quarter. Bogart Wealth LLC raised its position in C3.ai by 22.7% during the second quarter. Bogart Wealth LLC now owns 2,700 shares of the company’s stock worth $66,000 after acquiring an additional 500 shares during the last quarter. McElhenny Sheffield Capital Management LLC purchased a new stake in shares of C3.ai in the second quarter valued at about $71,000. Finally, Family Legacy Financial Solutions LLC acquired a new stake in shares of C3.ai in the second quarter valued at approximately $103,000. Institutional investors and hedge funds own 38.96% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on AI shares. Canaccord Genuity Group cut their price objective on C3.ai from $28.00 to $16.00 and set a “hold” rating for the company in a research report on Friday, September 5th. Wall Street Zen downgraded C3.ai from a “hold” rating to a “sell” rating in a research report on Saturday, August 16th. Morgan Stanley reduced their price objective on C3.ai from $22.00 to $11.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 9th. Northland Securities lowered C3.ai from an “outperform” rating to a “market perform” rating and set a $17.00 price objective on the stock. in a research note on Tuesday, August 12th. Finally, Oppenheimer reissued a “market perform” rating on shares of C3.ai in a research note on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $22.09.

C3.ai Stock Performance

Shares of AI stock opened at $13.52 on Tuesday. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of -5.20 and a beta of 1.96. C3.ai, Inc. has a one year low of $12.59 and a one year high of $45.08. The company has a 50 day moving average price of $17.02 and a 200 day moving average price of $20.66.

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

Insider Buying and Selling at C3.ai

In other C3.ai news, CFO Hitesh Lath sold 46,881 shares of the company’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $16.99, for a total transaction of $796,508.19. Following the completion of the sale, the chief financial officer directly owned 209,154 shares in the company, valued at $3,553,526.46. This represents a 18.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Thomas M. Siebel sold 543,706 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $15.24, for a total value of $8,286,079.44. Following the completion of the transaction, the chairman owned 1,437,174 shares in the company, valued at approximately $21,902,531.76. This trade represents a 27.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 2,318,679 shares of company stock valued at $39,674,373. Company insiders own 26.50% of the company’s stock.

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.