Robert David Schilling Sells 470,420 Shares of C3.ai (NYSE:AI) Stock

C3.ai, Inc. (NYSE:AI) EVP Robert David Schilling sold 470,420 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $17.29, for a total value of $8,133,561.80. Following the completion of the transaction, the executive vice president directly owned 1,011,327 shares of the company’s stock, valued at approximately $17,485,843.83. This trade represents a 31.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

C3.ai Stock Up 5.0%

NYSE AI opened at $19.16 on Friday. The business has a 50-day moving average price of $18.47 and a 200-day moving average price of $21.79. C3.ai, Inc. has a twelve month low of $14.70 and a twelve month high of $45.08. The firm has a market cap of $2.64 billion, a price-to-earnings ratio of -7.37 and a beta of 1.96.

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

Institutional Investors Weigh In On C3.ai

Several hedge funds and other institutional investors have recently modified their holdings of the business. Silicon Valley Capital Partners bought a new stake in shares of C3.ai during the 2nd quarter worth approximately $25,000. Garde Capital Inc. bought a new stake in shares of C3.ai during the 1st quarter worth approximately $29,000. CX Institutional bought a new stake in shares of C3.ai during the 1st quarter worth approximately $34,000. Versant Capital Management Inc lifted its stake in shares of C3.ai by 417.5% during the 1st quarter. Versant Capital Management Inc now owns 1,868 shares of the company’s stock worth $39,000 after acquiring an additional 1,507 shares during the last quarter. Finally, NewEdge Advisors LLC lifted 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 acquiring an additional 800 shares during the last quarter. 38.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on AI. JMP Securities dropped their price target on C3.ai from $30.00 to $24.00 and set a “market outperform” rating for the company in a research note on Thursday, September 4th. Morgan Stanley dropped their price target on C3.ai from $22.00 to $11.00 and set an “underweight” rating for the company in a research note on Tuesday, September 9th. DA Davidson reissued an “underperform” rating and set a $13.00 price target (down from $25.00) on shares of C3.ai in a research note on Monday, August 11th. Northland Securities downgraded C3.ai from an “outperform” rating to a “market perform” rating and set a $17.00 price objective on the stock. in a research report on Tuesday, August 12th. Finally, Wall Street Zen downgraded C3.ai from a “hold” rating to a “sell” rating in a research report on Saturday, August 16th. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat, C3.ai currently has a consensus rating of “Reduce” and an average price target of $22.09.

C3.ai Company 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.