C3.ai, Inc. $AI Shares Bought by Geode Capital Management LLC

Key Points

• Geode Capital Management raised its stake in C3.ai by 5.9% to 2,813,233 shares, representing about a 2.09% stake valued at roughly $69.1 million at quarter end.
• C3.ai reported a sharp earnings miss — EPS of ($0.86) versus a ($0.21) consensus and revenue of $70.3M against $104.0M expected, with revenue down 19.4% year‑over‑year and negative margins.
• Significant insider selling has occurred recently: Chairman Thomas Siebel sold 566,125 shares (~$9.75M) and EVP Robert Schilling sold 470,420 shares (~$8.13M), with insiders offloading about 2.32M shares (~$39.7M) in the past three months.

Geode Capital Management LLC grew its stake in C3.ai, Inc. (NYSE:AI - Free Report) by 5.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,813,233 shares of the company's stock after acquiring an additional 156,925 shares during the quarter. Geode Capital Management LLC owned about 2.09% of C3.ai worth $69,129,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in AI. Blue Trust Inc. raised its stake in C3.ai by 53.7% in the 2nd quarter. Blue Trust Inc. now owns 2,329 shares of the company's stock valued at $57,000 after purchasing an additional 814 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of C3.ai by 48.7% during the 1st 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 last quarter. Bogart Wealth LLC grew its holdings in shares of C3.ai by 22.7% during the second quarter. Bogart Wealth LLC now owns 2,700 shares of the company's stock worth $66,000 after buying an additional 500 shares in the last quarter. McElhenny Sheffield Capital Management LLC acquired a new position in shares of C3.ai in the second quarter valued at approximately $71,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in shares of C3.ai in the second quarter valued at approximately $103,000. Institutional investors and hedge funds own 38.96% of the company's stock.

Insider Activity

In other news, Chairman Thomas M. Siebel sold 566,125 shares of the business's stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $17.23, for a total transaction of $9,754,333.75. Following the completion of the sale, the chairman owned 2,510,102 shares in the company, valued at approximately $43,249,057.46. The trade was a 18.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Robert David Schilling sold 470,420 shares of the stock in a transaction that occurred on 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 sale, the executive vice president directly owned 1,011,327 shares of the company's stock, valued at approximately $17,485,843.83. This trade represents a 31.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,318,679 shares of company stock valued at $39,674,373 in the last three months. Corporate insiders own 26.50% of the company's stock.

C3.ai Stock Up 6.0%

AI stock opened at $13.62 on Monday. The company has a market cap of $1.88 billion, a price-to-earnings ratio of -5.24 and a beta of 1.96. The business has a fifty day simple moving average of $17.10 and a 200-day simple moving average of $20.73. C3.ai, Inc. has a 52 week low of $12.59 and a 52 week high of $45.08.

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

Wall Street Analysts Forecast Growth

AI has been the topic of a number of analyst reports. Oppenheimer restated a "market perform" rating on shares of C3.ai in a research report on Tuesday, August 12th. Wall Street Zen lowered C3.ai from a "hold" rating to a "sell" rating in a research note on Saturday, August 16th. Northland Securities downgraded C3.ai from an "outperform" rating to a "market perform" rating and set a $17.00 price objective for the company. in a research report on Tuesday, August 12th. Canaccord Genuity Group dropped their target price on C3.ai from $28.00 to $16.00 and set a "hold" rating for the company in a research note on Friday, September 5th. Finally, UBS Group increased their target price on C3.ai from $16.00 to $17.00 and gave the stock a "neutral" rating in a research report on Friday, September 12th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, seven have issued a Hold rating and five have assigned 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 $22.09.

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.

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