C3.ai, Inc. $AI Stock Holdings Decreased by Kingswood Wealth Advisors LLC

Key Points

• Kingswood Wealth Advisors LLC significantly reduced its stake in C3.ai, Inc. by 65.3%, now holding 19,820 shares valued at $487,000 after selling 37,316 shares.
• Multiple institutional investors increased their holdings in C3.ai, with GAMMA Investing LLC notably increasing its position by 4,846.5% during the first quarter.
• Analysts have set varied price targets for C3.ai shares, with Morgan Stanley lowering theirs from $22.00 to $11.00 and assigning an "underweight" rating.

Kingswood Wealth Advisors LLC lowered its stake in C3.ai, Inc. (NYSE:AI - Free Report) by 65.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 19,820 shares of the company's stock after selling 37,316 shares during the period. Kingswood Wealth Advisors LLC's holdings in C3.ai were worth $487,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of AI. Wealth Enhancement Advisory Services LLC increased its position in shares of C3.ai by 44.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,180 shares of the company's stock worth $557,000 after purchasing an additional 4,941 shares during the last quarter. GAMMA Investing LLC increased its position in shares of C3.ai by 4,846.5% in the 1st quarter. GAMMA Investing LLC now owns 12,020 shares of the company's stock worth $253,000 after purchasing an additional 11,777 shares during the last quarter. SG Americas Securities LLC increased its position in shares of C3.ai by 41.0% in the 1st quarter. SG Americas Securities LLC now owns 15,073 shares of the company's stock worth $317,000 after purchasing an additional 4,381 shares during the last quarter. Handelsbanken Fonder AB increased its position in shares of C3.ai by 43.3% in the 1st quarter. Handelsbanken Fonder AB now owns 38,400 shares of the company's stock worth $808,000 after purchasing an additional 11,600 shares during the last quarter. Finally, CX Institutional bought a new stake in shares of C3.ai in the 1st quarter worth about $34,000. Institutional investors own 38.96% of the company's stock.

Analysts Set New Price Targets

AI has been the subject of a number of recent research reports. Morgan Stanley lowered their price objective on shares of C3.ai from $22.00 to $11.00 and set an "underweight" rating for the company in a research report on Tuesday, September 9th. Northland Capmk downgraded shares of C3.ai from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 11th. UBS Group boosted their price objective on shares of C3.ai from $16.00 to $17.00 and gave the company a "neutral" rating in a research report on Friday, September 12th. JMP Securities lowered their price objective on shares of C3.ai from $30.00 to $24.00 and set a "market outperform" rating for the company in a research report on Thursday, September 4th. Finally, DA Davidson reaffirmed an "underperform" rating and set a $13.00 price objective (down previously from $25.00) on shares of C3.ai in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average price target of $22.09.

Insider Transactions at C3.ai

In other news, 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 directly owned 209,154 shares of the company's stock, valued at approximately $3,553,526.46. This represents a 18.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Robert David Schilling sold 470,420 shares of the company's 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 completion of 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 represents a 31.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 2,695,772 shares of company stock valued at $54,661,544. Company insiders own 26.50% of the company's stock.

C3.ai Trading Down 1.1%

NYSE AI opened at $18.92 on Friday. C3.ai, Inc. has a 52 week low of $14.70 and a 52 week high of $45.08. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of -7.28 and a beta of 1.96. The company has a 50-day moving average price of $18.05 and a two-hundred day moving average price of $21.69.

C3.ai (NYSE:AI - Get Free Report) last posted its earnings results on Wednesday, September 3rd. The company reported ($0.86) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.65). C3.ai had a negative return on equity of 40.69% and a negative net margin of 92.08%.The firm had revenue of $70.26 million during the quarter, compared to the consensus estimate of $104.02 million. During the same quarter last year, the company posted ($0.05) EPS. C3.ai'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, equities research analysts expect that C3.ai, Inc. will post -2.44 earnings per share for the current fiscal year.

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.

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