111 Capital Buys Shares of 29,046 C3.ai, Inc. $AI

Key Points

• 111 Capital has acquired 29,046 shares of C3.ai, Inc. valued at approximately $714,000, reflecting growing interest from institutional investors.
• Chairman Thomas M. Siebel sold 566,125 shares for about $9.75 million, indicating a significant reduction in his ownership.
• C3.ai reported a loss of ($0.86) EPS for the last quarter, missing estimates and showing a 19.4% decline in revenue year-over-year.

111 Capital bought a new stake in C3.ai, Inc. (NYSE:AI - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 29,046 shares of the company's stock, valued at approximately $714,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Mirae Asset Global Investments Co. Ltd. grew its stake in C3.ai by 9.8% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 38,949 shares of the company's stock valued at $957,000 after acquiring an additional 3,489 shares during the period. McGuire Investment Group LLC lifted 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 purchasing an additional 1,666 shares in the last quarter. Tiller Private Wealth Inc. bought a new stake in shares of C3.ai in the second quarter valued at about $5,300,000. KG&L Capital Management LLC lifted 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 purchasing an additional 20,985 shares in the last quarter. Finally, ORG Partners LLC lifted 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 purchasing an additional 15,032 shares in the last quarter. 38.96% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at C3.ai

In other C3.ai news, Chairman Thomas M. Siebel sold 566,125 shares of the company's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $17.23, for a total value of $9,754,333.75. Following the sale, the chairman owned 2,510,102 shares in the company, valued at $43,249,057.46. This represents a 18.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Hitesh Lath sold 46,881 shares of the company's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $16.99, for a total value of $796,508.19. Following the completion of the sale, the chief financial officer owned 209,154 shares in the company, valued at $3,553,526.46. This represents a 18.31% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,695,772 shares of company stock worth $54,661,544 over the last 90 days. Company insiders own 26.50% of the company's stock.

C3.ai Stock Up 5.0%

NYSE:AI opened at $19.16 on Friday. The stock's 50 day moving average price is $18.47 and its two-hundred day moving average price is $21.79. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of -7.37 and a beta of 1.96. C3.ai, Inc. has a 12-month low of $14.70 and a 12-month high of $45.08.

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on AI shares. Northland Securities lowered C3.ai from an "outperform" rating to a "market perform" rating and set a $17.00 price target on the stock. in a report on Tuesday, August 12th. 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. 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. UBS Group boosted their price target on C3.ai from $16.00 to $17.00 and gave the company a "neutral" rating in a report on Friday, September 12th. Finally, Northland Capmk lowered C3.ai from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce" and a consensus target price 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.

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