C3.ai Target of Unusually Large Options Trading (NYSE:AI)

C3.ai, Inc. (NYSE:AI) was the recipient of some unusual options trading activity on Friday. Stock traders acquired 248,195 call options on the stock. Thisrepresentsanincreaseofapproximately176% compared to the average volume of 89,880 call options.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AI. Oppenheimer reaffirmed a “market perform” rating on shares of C3.ai in a research note on Tuesday, August 12th. Northland Securities downgraded shares of C3.ai from an “outperform” rating to a “market perform” rating and set a $17.00 target price on the stock. in a research note on Tuesday, August 12th. Canaccord Genuity Group dropped their target price on shares of C3.ai from $28.00 to $16.00 and set a “hold” rating for the company in a research report on Friday. Piper Sandler reduced their price target on shares of C3.ai from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Thursday, May 29th. Finally, Morgan Stanley upped their price objective on shares of C3.ai from $20.00 to $22.00 and gave the stock an “underweight” rating in a research note on Thursday, May 29th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $23.00.

Insider Activity at C3.ai

In other news, Chairman Thomas M. Siebel sold 17,200 shares of C3.ai stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $16.49, for a total transaction of $283,628.00. Following the completion of the sale, the chairman directly owned 15,536 shares in the company, valued at $256,188.64. The trade was a 52.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Hitesh Lath sold 17,689 shares of the business’s stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $24.96, for a total value of $441,517.44. Following the completion of the sale, the chief financial officer directly owned 166,218 shares of the company’s stock, valued at $4,148,801.28. This represents a 9.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,162,768 shares of company stock worth $50,525,604 in the last quarter. 26.50% of the stock is owned by corporate insiders.

Institutional Trading of C3.ai

A number of institutional investors have recently modified their holdings of the company. Garde Capital Inc. bought a new position in shares of C3.ai during the 1st quarter worth approximately $29,000. Orion Capital Management LLC bought a new position in C3.ai in the fourth quarter valued at $34,000. CX Institutional acquired a new stake in C3.ai in the 1st quarter valued at $34,000. Raiffeisen Bank International AG bought a new stake in C3.ai during the 4th quarter worth about $36,000. Finally, Versant Capital Management Inc increased its position in shares of C3.ai by 417.5% in the first quarter. Versant Capital Management Inc now owns 1,868 shares of the company’s stock valued at $39,000 after acquiring an additional 1,507 shares during the last quarter. 38.96% of the stock is currently owned by institutional investors.

C3.ai Stock Performance

Shares of AI opened at $15.58 on Friday. The business’s fifty day moving average price is $22.24 and its two-hundred day moving average price is $22.69. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of -5.99 and a beta of 1.96. C3.ai has a 52 week low of $14.70 and a 52 week high of $45.08.

C3.ai (NYSE:AI) last released 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 40.06%. The business had revenue of $70.26 million for the quarter, compared to analyst estimates of $104.02 million. During the same quarter in the previous year, the company posted ($0.05) earnings per share. The business’s revenue for the quarter was down 19.4% on a year-over-year basis. C3.ai has set its Q2 2026 guidance at EPS. As a group, research analysts forecast that C3.ai will post -2.44 EPS for the current 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.