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

C3.ai, Inc. (NYSE:AI) EVP Robert David Schilling sold 470,420 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were 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. The trade was a 31.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

C3.ai Trading Up 4.0%

NYSE:AI opened at $18.20 on Friday. C3.ai, Inc. has a 1 year low of $14.70 and a 1 year high of $45.08. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of -7.00 and a beta of 1.96. The stock has a 50-day moving average price of $18.61 and a two-hundred day moving average price of $21.81.

C3.ai (NYSE:AI) last posted its earnings results on Wednesday, September 3rd. The company reported ($0.86) earnings per share (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 business had revenue of $70.26 million during the quarter, compared to analyst estimates of $104.02 million. During the same period in the previous year, the firm posted ($0.05) earnings per share. The firm’s revenue was down 19.4% on a year-over-year basis. C3.ai has set its Q2 2026 guidance at EPS. Sell-side analysts forecast that C3.ai, Inc. will post -2.44 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AI has been the topic of a number of research reports. DA Davidson restated an “underperform” rating and issued a $13.00 price target (down from $25.00) on shares of C3.ai in a report on Monday, August 11th. Oppenheimer restated a “market perform” rating on shares of C3.ai in a report on Tuesday, August 12th. Morgan Stanley cut their price target on C3.ai from $22.00 to $11.00 and set an “underweight” rating on the stock in a report on Tuesday, September 9th. KeyCorp cut their price target on C3.ai from $18.00 to $10.00 and set an “underweight” rating on the stock in a report on Thursday, September 4th. Finally, Westpark Capital upgraded C3.ai to a “strong-buy” rating and set a $40.00 price target on the stock in a report on Wednesday, July 9th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $22.09.

Institutional Trading of C3.ai

Several institutional investors and hedge funds have recently bought and sold shares of AI. Silicon Valley Capital Partners bought a new stake in C3.ai in the second quarter valued at approximately $25,000. Garde Capital Inc. bought a new position in shares of C3.ai during the first quarter worth approximately $29,000. CX Institutional bought a new position in shares of C3.ai during the first quarter worth approximately $34,000. Versant Capital Management Inc increased its stake in shares of C3.ai by 417.5% during the first quarter. Versant Capital Management Inc now owns 1,868 shares of the company’s stock worth $39,000 after purchasing an additional 1,507 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of C3.ai by 48.7% during the first quarter. NewEdge Advisors LLC now owns 2,442 shares of the company’s stock worth $51,000 after purchasing an additional 800 shares during the period. Institutional investors own 38.96% of the company’s stock.

About C3.ai

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.