Thomas Siebel Sells 17,350 Shares of C3.ai (NYSE:AI) Stock

C3.ai, Inc. (NYSE:AI) CEO Thomas Siebel sold 17,350 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $11.32, for a total transaction of $196,402.00. Following the completion of the sale, the chief executive officer owned 6,904,415 shares of the company’s stock, valued at approximately $78,157,977.80. This trade represents a 0.25% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

C3.ai Stock Performance

Shares of NYSE:AI opened at $10.54 on Friday. The company has a market cap of $1.53 billion, a PE ratio of -3.15 and a beta of 2.04. C3.ai, Inc. has a 52 week low of $7.68 and a 52 week high of $30.11. The firm has a 50 day simple moving average of $9.15 and a 200 day simple moving average of $11.14.

C3.ai (NYSE:AI) last released its earnings results on Wednesday, June 3rd. The company reported ($0.33) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.38) by $0.05. The company had revenue of $51.60 million during the quarter, compared to analyst estimates of $51.60 million. C3.ai had a negative return on equity of 60.20% and a negative net margin of 187.95%.The company’s revenue for the quarter was down 52.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.16) earnings per share. On average, equities analysts predict that C3.ai, Inc. will post -2.47 earnings per share for the current year.

More C3.ai News

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

• Positive Sentiment: C3.ai beat fiscal Q4 expectations with a smaller loss than analysts expected and revenue of $51.6 million that matched or slightly topped estimates, helping boost sentiment around the stock. C3.ai Inc (AI) Q4 2026 Earnings Call Highlights: Navigating Challenges and Strategic Restructuring
• Positive Sentiment: Management’s FY2027 guidance and Q1 outlook were viewed as constructive, with revenue targets roughly in line with or slightly above consensus, suggesting the company may stabilize after a steep revenue decline. C3 AI Announces Fiscal Fourth Quarter and Full Fiscal Year 2026 Results
• Positive Sentiment: Wedbush reaffirmed an outperform rating and UBS lifted its price target, while UBS also said C3.ai could return to growth in the second half of fiscal 2027, reinforcing the turnaround narrative. C3.ai Seen Returning to Growth in Second Half of Fiscal 2027, UBS Says

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on AI shares. DA Davidson restated an “underperform” rating and issued a $7.00 target price on shares of C3.ai in a report on Thursday. BMO Capital Markets set a $7.00 target price on C3.ai in a report on Thursday, February 26th. Canaccord Genuity Group increased their target price on C3.ai from $8.00 to $10.00 and gave the company a “hold” rating in a report on Thursday. 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. Finally, Weiss Ratings upgraded C3.ai from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have issued a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, C3.ai currently has an average rating of “Reduce” and a consensus price target of $12.92.

Hedge Funds Weigh In On C3.ai

A number of hedge funds have recently modified their holdings of AI. Bank of America Corp DE increased its position in C3.ai by 55.1% during the first quarter. Bank of America Corp DE now owns 3,282,183 shares of the company’s stock worth $27,636,000 after buying an additional 1,166,302 shares during the last quarter. Dimensional Fund Advisors LP increased its position in C3.ai by 77.1% during the third quarter. Dimensional Fund Advisors LP now owns 1,804,188 shares of the company’s stock worth $31,284,000 after buying an additional 785,508 shares during the last quarter. Two Sigma Investments LP acquired a new position in C3.ai during the third quarter worth $13,379,000. Voloridge Investment Management LLC acquired a new position in C3.ai during the fourth quarter worth $9,183,000. Finally, Federated Hermes Inc. increased its position in C3.ai by 93,578.8% during the fourth quarter. Federated Hermes Inc. now owns 675,424 shares of the company’s stock worth $9,105,000 after buying an additional 674,703 shares during the last quarter. 38.96% of the stock is owned by institutional investors and hedge funds.

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.