C3.ai, Inc. $AI Shares Bought by Probity Advisors Inc.

Probity Advisors Inc. grew its holdings in C3.ai, Inc. (NYSE:AI) by 9.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,149 shares of the company’s stock after acquiring an additional 1,705 shares during the period. Probity Advisors Inc.’s holdings in C3.ai were worth $470,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bogart Wealth LLC boosted its position in C3.ai by 22.7% during the 2nd quarter. Bogart Wealth LLC now owns 2,700 shares of the company’s stock worth $66,000 after purchasing an additional 500 shares during the period. Lesa Sroufe & Co purchased a new stake in shares of C3.ai in the second quarter worth about $224,000. Bayforest Capital Ltd boosted its position in shares of C3.ai by 114.1% in the second quarter. Bayforest Capital Ltd now owns 18,648 shares of the company’s stock worth $458,000 after buying an additional 9,939 shares during the period. Axxcess Wealth Management LLC grew its stake in shares of C3.ai by 6.3% in the second quarter. Axxcess Wealth Management LLC now owns 27,000 shares of the company’s stock valued at $663,000 after buying an additional 1,600 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. purchased a new stake in shares of C3.ai during the 2nd quarter valued at about $341,000. Institutional investors and hedge funds own 38.96% of the company’s stock.

Insider Buying and Selling at C3.ai

In other C3.ai news, CFO Hitesh Lath sold 46,881 shares of the stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $16.99, for a total transaction of $796,508.19. Following the transaction, the chief financial officer owned 209,154 shares of the company’s stock, valued at $3,553,526.46. This trade represents a 18.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Thomas M. Siebel sold 554,802 shares of the business’s stock in a transaction that occurred on Tuesday, October 14th. The shares were sold at an average price of $18.82, for a total value of $10,441,373.64. Following the completion of the sale, the chairman owned 1,955,300 shares of the company’s stock, valued at $36,798,746. This trade represents a 22.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,661,106 shares of company stock worth $48,255,922 over the last quarter. 26.50% of the stock is owned by corporate insiders.

C3.ai Price Performance

AI opened at $18.41 on Tuesday. C3.ai, Inc. has a 12-month low of $14.70 and a 12-month high of $45.08. The stock has a market capitalization of $2.54 billion, a PE ratio of -7.08 and a beta of 1.96. The firm’s fifty day moving average price is $17.57 and its 200 day moving average price is $21.54.

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

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. KeyCorp decreased their price target on C3.ai from $18.00 to $10.00 and set an “underweight” rating for the company in a report on Thursday, September 4th. Wall Street Zen cut shares of C3.ai from a “hold” rating to a “sell” rating in a research report on Saturday, August 16th. JMP Securities decreased their target price on shares of 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. DA Davidson reaffirmed an “underperform” rating and set a $13.00 price target (down from $25.00) on shares of C3.ai in a report on Monday, August 11th. Finally, Northland Capmk downgraded shares of C3.ai from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. One research 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 stock currently has a consensus rating of “Reduce” and a consensus price target of $22.09.

C3.ai 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.