C3.ai, Inc. $AI Shares Purchased by Atom Investors LP

Atom Investors LP boosted its stake in C3.ai, Inc. (NYSE:AI) by 498.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 374,371 shares of the company’s stock after purchasing an additional 311,813 shares during the period. Atom Investors LP’s holdings in C3.ai were worth $5,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Quantbot Technologies LP grew its stake in shares of C3.ai by 2,831.4% in the third quarter. Quantbot Technologies LP now owns 554,472 shares of the company’s stock worth $9,615,000 after purchasing an additional 535,557 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of C3.ai by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 14,469,953 shares of the company’s stock worth $195,055,000 after purchasing an additional 108,011 shares in the last quarter. Clare Market Investments LLC bought a new position in shares of C3.ai in the third quarter worth $2,207,000. SG Americas Securities LLC grew its stake in shares of C3.ai by 115.0% in the fourth quarter. SG Americas Securities LLC now owns 384,486 shares of the company’s stock worth $5,183,000 after purchasing an additional 205,640 shares in the last quarter. Finally, Neo Ivy Capital Management bought a new position in shares of C3.ai in the third quarter worth $2,010,000. Institutional investors own 38.96% of the company’s stock.

Insider Transactions at C3.ai

In other news, CEO Stephen Bradley Ehikian sold 52,194 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $8.22, for a total transaction of $429,034.68. Following the completion of the sale, the chief executive officer directly owned 721,485 shares of the company’s stock, valued at $5,930,606.70. This trade represents a 6.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Thomas M. Siebel sold 472,005 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $11.11, for a total value of $5,243,975.55. Following the sale, the chief executive officer directly owned 722,362 shares of the company’s stock, valued at $8,025,441.82. This trade represents a 39.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,565,434 shares of company stock valued at $14,684,917 over the last 90 days. Corporate insiders own 26.50% of the company’s stock.

Key Headlines Impacting C3.ai

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

• Positive Sentiment: Market commentary highlighted C3.ai as a Q1 earnings outperformer among data infrastructure stocks, which may be supporting sentiment that the company can still stand out when execution improves. Q1 Earnings Outperformers: C3.ai (NYSE:AI) And The Rest of The Data Infrastructure Stocks
• Positive Sentiment: Broader AI adoption headlines reinforced the long-term demand story for AI software and infrastructure, including reports that AI is improving productivity and driving business gains across multiple industries. AI-referred US shoppers browse longer, spend more per visit, data shows
• Neutral Sentiment: Several other AI-sector stories, including new partnerships, certifications, and industry studies, kept the AI theme in focus but do not appear to directly change C3.ai’s near-term fundamentals. Boomi Study Finds APAC Organisations Risking AI ROI Without Strong Data Foundations
• Negative Sentiment: CEO Thomas Siebel disclosed sales of C3.ai shares, including a larger pre-planned transaction, which can pressure sentiment because investors often view insider selling cautiously even when tied to a 10b5-1 plan and tax withholding. C3.ai (NYSE:AI) CEO Thomas Siebel Sells 23,570 Shares
• Negative Sentiment: Analyst sentiment remains mixed, with the consensus rating still at “Reduce,” suggesting ongoing skepticism about profitability and valuation despite recent stock momentum.

C3.ai Trading Down 1.0%

Shares of NYSE AI opened at $10.93 on Wednesday. C3.ai, Inc. has a one year low of $7.68 and a one year high of $30.11. The firm has a market capitalization of $1.59 billion, a PE ratio of -3.27 and a beta of 2.04. The business has a 50-day moving average price of $9.55 and a two-hundred day moving average price of $10.98.

C3.ai (NYSE:AI) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported ($0.33) EPS for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.05. C3.ai had a negative return on equity of 60.20% and a negative net margin of 187.95%.The firm had revenue of $51.60 million during the quarter, compared to analyst estimates of $51.60 million. During the same period last year, the company posted ($0.16) EPS. The business’s quarterly revenue was down 52.5% compared to the same quarter last year. Research analysts anticipate that C3.ai, Inc. will post -2.26 EPS for the current year.

Wall Street Analyst Weigh In

AI has been the subject of several recent analyst reports. UBS Group increased their price target on C3.ai from $9.00 to $12.00 and gave the stock a “neutral” rating in a research note on Thursday, June 4th. Citizens Jmp reissued a “market perform” rating on shares of C3.ai in a research note on Thursday, June 4th. Wedbush reissued an “outperform” rating and issued a $15.00 price target on shares of C3.ai in a research note on Thursday, June 4th. Morgan Stanley increased their price target on C3.ai from $6.00 to $7.00 and gave the stock an “underweight” rating in a research note on Thursday, June 4th. Finally, BMO Capital Markets set a $7.00 target price on C3.ai in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have given a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $12.92.

About C3.ai

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.