Thomas Siebel Sells 282,203 Shares of C3.ai (NYSE:AI) Stock

C3.ai, Inc. (NYSE:AI) Chairman Thomas Siebel sold 282,203 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $8.86, for a total transaction of $2,500,318.58. Following the completion of the transaction, the chairman directly owned 722,362 shares in the company, valued at approximately $6,400,127.32. This represents a 28.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

C3.ai Trading Down 2.3%

Shares of NYSE AI opened at $8.47 on Friday. The stock has a market cap of $1.19 billion, a PE ratio of -2.69 and a beta of 2.05. C3.ai, Inc. has a 12-month low of $7.72 and a 12-month high of $30.24. The company has a 50-day moving average of $10.75 and a 200 day moving average of $14.16.

C3.ai (NYSE:AI) last released its earnings results on Wednesday, February 25th. The company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.11). The business had revenue of $53.26 million during the quarter, compared to analysts’ expectations of $75.91 million. C3.ai had a negative return on equity of 55.40% and a negative net margin of 141.35%.The company’s revenue for the quarter was down 46.1% compared to the same quarter last year. During the same period last year, the business earned ($0.12) earnings per share. On average, sell-side analysts forecast that C3.ai, Inc. will post -2.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in C3.ai by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 14,469,953 shares of the company’s stock worth $195,055,000 after buying an additional 108,011 shares during the period. Morgan Stanley lifted its holdings in shares of C3.ai by 1.9% in the 4th quarter. Morgan Stanley now owns 4,824,499 shares of the company’s stock worth $65,034,000 after acquiring an additional 91,802 shares during the last quarter. State Street Corp lifted its holdings in shares of C3.ai by 3.3% in the 4th quarter. State Street Corp now owns 2,976,389 shares of the company’s stock worth $40,122,000 after acquiring an additional 94,086 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of C3.ai by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 2,868,578 shares of the company’s stock worth $38,675,000 after purchasing an additional 21,451 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in C3.ai by 9.6% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,425,976 shares of the company’s stock valued at $42,066,000 after purchasing an additional 211,786 shares during the last quarter. Institutional investors and hedge funds own 38.96% of the company’s stock.

C3.ai News Roundup

Here are the key news stories impacting C3.ai this week:

• Positive Sentiment: Unusual call-option activity — Investors bought roughly 108,092 call options on Friday (about a 78% jump vs. typical daily call volume). Heavy call buying can signal bullish, short-term speculation or positioning ahead of potential positive catalysts; it can lift near-term price and implied volatility.
• Positive Sentiment: Strategy tightening may improve conversions — C3.ai is narrowing its AI pilot approach to focus on higher-value deployments aimed at better conversion rates and clearer ROI for enterprise customers, which could improve future revenue visibility and deal economics if execution succeeds. C3.ai Tightens AI Pilot Strategy
• Negative Sentiment: Large insider selling by the chairman — Chairman Thomas Siebel disclosed multi-day sales totaling several hundred thousand shares (transactions on March 17–18 totaling millions of dollars). Large insider reductions, especially by a founder-level figure, are generally viewed negatively by the market and can pressure the stock. Chairman Sells $1.9M in Stock
• Negative Sentiment: Investor litigation probe — Pomerantz LLP has opened an investigation on behalf of C3.ai investors, a development that can increase legal and reputational risk and weigh on sentiment until resolved. Pomerantz Investigation
• Negative Sentiment: Analyst consensus and ratings are weak — Recent analyst coverage shows a consensus “Reduce” rating and continued price-target cuts, reflecting skepticism on near-term revenue and profitability recovery; this contributes to selling pressure. Consensus “Reduce” Rating

Analyst Ratings Changes

Several brokerages have issued reports on AI. Wolfe Research restated an “underperform” rating and issued a $6.00 target price on shares of C3.ai in a report on Thursday, February 26th. Canaccord Genuity Group reduced their price target on C3.ai from $16.00 to $7.00 and set a “hold” rating on the stock in a report on Thursday, February 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of C3.ai in a report on Wednesday, January 21st. KeyCorp cut their price objective on shares of C3.ai from $10.00 to $6.00 and set an “underweight” rating for the company in a research report on Thursday, February 26th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of C3.ai in a report on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have assigned a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, C3.ai presently has a consensus rating of “Reduce” and a consensus target price of $15.87.

C3.ai Company Profile

C3.ai, Inc is a leading enterprise software provider focused on delivering scalable artificial intelligence (AI) and Internet of Things (IoT) solutions to large organizations. The company’s core offering, the C3 AI Suite, is a comprehensive, model-driven platform that unifies data ingestion, model development, and application deployment. Through its suite of tools, C3.ai enables customers to accelerate digital transformation initiatives by applying advanced machine learning, predictive analytics, and AI-driven insights across a broad range of business functions.

The C3 AI Suite provides a low-code environment for data scientists and application developers to rapidly design, test, and deploy enterprise-scale AI applications.