Creative Planning Has $2.10 Million Position in C3.ai, Inc. $AI

Creative Planning grew its position in shares of C3.ai, Inc. (NYSE:AI) by 16.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 85,359 shares of the company’s stock after purchasing an additional 11,894 shares during the quarter. Creative Planning owned approximately 0.06% of C3.ai worth $2,097,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. NewEdge Advisors LLC increased its stake in shares of C3.ai by 48.7% in the first quarter. NewEdge Advisors LLC now owns 2,442 shares of the company’s stock valued at $51,000 after buying an additional 800 shares during the period. Blue Trust Inc. increased its position in C3.ai by 53.7% in 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 during the period. Bogart Wealth LLC increased its position in C3.ai by 22.7% in the 2nd quarter. Bogart Wealth LLC now owns 2,700 shares of the company’s stock valued at $66,000 after acquiring an additional 500 shares during the period. McElhenny Sheffield Capital Management LLC bought a new position in shares of C3.ai during the second quarter valued at $71,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in shares of C3.ai during the second quarter worth $103,000. 38.96% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AI shares. Northland Securities downgraded C3.ai from an “outperform” rating to a “market perform” rating and set a $17.00 price objective for the company. in a report on Tuesday, August 12th. Needham & Company LLC reissued a “hold” rating on shares of C3.ai in a research note on Thursday, September 4th. DA Davidson reaffirmed an “underperform” rating and issued a $13.00 price objective (down from $25.00) on shares of C3.ai in a research note on Monday, August 11th. UBS Group upped their target price on C3.ai from $16.00 to $17.00 and gave the company a “neutral” rating in a report on Friday, September 12th. Finally, Morgan Stanley lowered their price target on shares of C3.ai from $22.00 to $11.00 and set an “underweight” rating for the company in a report on Tuesday, September 9th. 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 five have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $22.09.

C3.ai Price Performance

NYSE AI opened at $14.18 on Wednesday. C3.ai, Inc. has a one year low of $12.59 and a one year high of $45.08. The business has a 50 day simple moving average of $16.95 and a 200 day simple moving average of $20.60. The stock has a market capitalization of $1.95 billion, a P/E ratio of -5.45 and a beta of 1.96.

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

Insider Buying and Selling

In other C3.ai news, Chairman Thomas M. Siebel sold 566,125 shares of the firm’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $17.23, for a total value of $9,754,333.75. Following the completion of the sale, the chairman directly owned 2,510,102 shares in the company, valued at approximately $43,249,057.46. This trade represents a 18.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Hitesh Lath sold 46,881 shares of the company’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $16.99, for a total transaction of $796,508.19. Following the transaction, the chief financial officer owned 209,154 shares in the company, valued at $3,553,526.46. This represents a 18.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 2,318,679 shares of company stock valued at $39,674,373 over the last ninety days. 26.50% of the stock is owned by corporate insiders.

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.