Mirae Asset Global Investments Co. Ltd. Buys 3,489 Shares of C3.ai, Inc. $AI

Mirae Asset Global Investments Co. Ltd. increased its holdings in C3.ai, Inc. (NYSE:AI) by 9.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,949 shares of the company’s stock after acquiring an additional 3,489 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in C3.ai were worth $957,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. McGuire Investment Group LLC grew its holdings in shares of C3.ai by 2.1% in the second quarter. McGuire Investment Group LLC now owns 82,559 shares of the company’s stock valued at $2,028,000 after acquiring an additional 1,666 shares in the last quarter. Tiller Private Wealth Inc. bought a new position in shares of C3.ai in the second quarter valued at approximately $5,300,000. KG&L Capital Management LLC grew its holdings in shares of C3.ai by 36.5% in the second quarter. KG&L Capital Management LLC now owns 78,519 shares of the company’s stock valued at $1,929,000 after acquiring an additional 20,985 shares in the last quarter. ORG Partners LLC grew its holdings in shares of C3.ai by 338.9% in the second quarter. ORG Partners LLC now owns 19,468 shares of the company’s stock valued at $478,000 after acquiring an additional 15,032 shares in the last quarter. Finally, SeaCrest Wealth Management LLC bought a new position in shares of C3.ai in the second quarter valued at approximately $328,000. 38.96% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other C3.ai news, Chairman Thomas M. Siebel sold 566,125 shares of the firm’s stock in a transaction dated 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 $43,249,057.46. This trade represents a 18.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Robert David Schilling sold 470,420 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $17.29, for a total transaction of $8,133,561.80. Following the completion of the sale, the executive vice president owned 1,011,327 shares of the company’s stock, valued at $17,485,843.83. This trade represents a 31.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,695,772 shares of company stock worth $54,661,544 over the last three months. Company insiders own 26.50% of the company’s stock.

Analyst Ratings Changes

AI has been the subject of several recent analyst reports. DA Davidson reaffirmed an “underperform” rating and issued a $13.00 target price (down from $25.00) on shares of C3.ai in a report on Monday, August 11th. Canaccord Genuity Group reduced their target price on C3.ai from $28.00 to $16.00 and set a “hold” rating for the company in a report on Friday, September 5th. Northland Securities lowered 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. Weiss Ratings reissued a “sell (d-)” rating on shares of C3.ai in a research report on Wednesday. Finally, Westpark Capital raised C3.ai to a “strong-buy” rating and set a $40.00 target price for the company in a research report on Wednesday, July 9th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $22.09.

C3.ai Price Performance

Shares of AI opened at $18.92 on Friday. C3.ai, Inc. has a one year low of $14.70 and a one year high of $45.08. The company has a 50-day simple moving average of $18.05 and a two-hundred day simple moving average of $21.69. The firm has a market capitalization of $2.61 billion, a PE ratio of -7.28 and a beta of 1.96.

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

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.