C3.ai, Inc. $AI Shares Acquired by Liontrust Investment Partners LLP

Key Points

• Liontrust Investment Partners LLP increased its stake in C3.ai by 203.2% during the first quarter, holding a total of 144,288 shares valued at approximately $3,037,000.
• C3.ai reported a quarterly revenue of $108.72 million, surpassing analysts' expectations, and posted an EPS of ($0.16), which beat the consensus estimate.
• Several research firms have adjusted their target prices for C3.ai, with JPMorgan Chase lowering its target from $27 to $23, while Westpark Capital raised its target to $40 and assigned a "strong-buy" rating.

Liontrust Investment Partners LLP raised its holdings in shares of C3.ai, Inc. (NYSE:AI - Free Report) by 203.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 144,288 shares of the company's stock after acquiring an additional 96,695 shares during the period. Liontrust Investment Partners LLP owned about 0.11% of C3.ai worth $3,037,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Zweig DiMenna Associates LLC purchased a new stake in C3.ai during the 1st quarter valued at $274,000. Susquehanna Fundamental Investments LLC purchased a new position in C3.ai during the fourth quarter valued at $3,159,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in C3.ai during the first quarter worth about $668,000. Banque Cantonale Vaudoise purchased a new stake in shares of C3.ai in the 1st quarter worth approximately $390,000. Finally, GAMMA Investing LLC grew its stake in shares of C3.ai by 4,846.5% in the first quarter. GAMMA Investing LLC now owns 12,020 shares of the company's stock worth $253,000 after acquiring an additional 11,777 shares during the last quarter. 38.96% of the stock is owned by hedge funds and other institutional investors.

C3.ai Price Performance

Shares of NYSE:AI traded down $0.4650 during trading hours on Wednesday, hitting $16.9150. The company's stock had a trading volume of 8,370,270 shares, compared to its average volume of 11,806,366. The firm's fifty day moving average price is $23.99 and its 200 day moving average price is $24.02. The company has a market capitalization of $2.27 billion, a price-to-earnings ratio of -7.55 and a beta of 1.98. C3.ai, Inc. has a 52 week low of $14.70 and a 52 week high of $45.08.

C3.ai (NYSE:AI - Get Free Report) last issued its quarterly earnings data on Wednesday, May 28th. The company reported ($0.16) earnings per share for the quarter, beating analysts' consensus estimates of ($0.20) by $0.04. C3.ai had a negative return on equity of 33.51% and a negative net margin of 74.21%.The company had revenue of $108.72 million for the quarter, compared to the consensus estimate of $107.85 million. During the same quarter last year, the company earned ($0.11) earnings per share. The firm's revenue for the quarter was up 25.5% compared to the same quarter last year. C3.ai has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, equities research analysts predict that C3.ai, Inc. will post -2.44 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on AI shares. JPMorgan Chase & Co. decreased their price objective on shares of C3.ai from $27.00 to $23.00 and set an "underweight" rating for the company in a report on Thursday, May 29th. Piper Sandler decreased 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. KeyCorp reissued a "mixed" rating on shares of C3.ai in a research note on Thursday, May 29th. Northland Capmk cut C3.ai from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. Finally, Westpark Capital raised shares of C3.ai to a "strong-buy" rating and set a $40.00 price objective for the company in a report on Wednesday, July 9th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of $27.43.

Insider Activity at C3.ai

In related news, CEO Thomas M. Siebel sold 601,498 shares of the firm's stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $25.02, for a total value of $15,049,479.96. Following the completion of the transaction, the chief executive officer owned 3,816,802 shares in the company, valued at $95,496,386.04. This trade represents a 13.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Richard C. Levin sold 36,000 shares of C3.ai stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $28.17, for a total transaction of $1,014,120.00. Following the sale, the director owned 161,664 shares of the company's stock, valued at approximately $4,554,074.88. The trade was a 18.21% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,257,074 shares of company stock worth $53,260,950 over the last ninety days. Corporate insiders own 33.54% of the company's stock.

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.