Canada Pension Plan Investment Board Has $4.28 Million Position in C3.ai, Inc. $AI

Canada Pension Plan Investment Board raised its position in shares of C3.ai, Inc. (NYSE:AI - Free Report) by 570.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 203,200 shares of the company's stock after purchasing an additional 172,900 shares during the quarter. Canada Pension Plan Investment Board owned approximately 0.15% of C3.ai worth $4,277,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Orion Capital Management LLC acquired a new stake in C3.ai during the 4th quarter valued at approximately $34,000. Raiffeisen Bank International AG acquired a new stake in shares of C3.ai during the 4th quarter worth approximately $36,000. Garde Capital Inc. acquired a new stake in shares of C3.ai during the 1st quarter worth approximately $29,000. CX Institutional acquired a new stake in shares of C3.ai during the 1st quarter worth approximately $34,000. Finally, Versant Capital Management Inc grew its position in shares of C3.ai by 417.5% during the 1st quarter. Versant Capital Management Inc now owns 1,868 shares of the company's stock worth $39,000 after buying an additional 1,507 shares during the period. Institutional investors and hedge funds own 38.96% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. JMP Securities reaffirmed a "market outperform" rating and set a $50.00 price objective on shares of C3.ai in a research report on Friday, July 25th. Westpark Capital raised shares of C3.ai to a "strong-buy" rating and set a $40.00 price objective for the company in a research report on Wednesday, July 9th. Canaccord Genuity Group reduced their price objective on shares of C3.ai from $30.00 to $28.00 and set a "hold" rating for the company in a research report on Thursday, May 29th. Oppenheimer reaffirmed a "market perform" rating on shares of C3.ai in a research report on Tuesday, August 12th. Finally, Wall Street Zen cut C3.ai from a "hold" rating to a "sell" rating in a report on Saturday, August 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the company's stock. According to MarketBeat, C3.ai has an average rating of "Reduce" and a consensus target price of $27.43.

Insider Buying and Selling

In other C3.ai news, VP Merel Witteveen sold 5,485 shares of the company's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $23.95, for a total value of $131,365.75. Following the completion of the sale, the vice president owned 13,740 shares of the company's stock, valued at $329,073. This represents a 28.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John E. Hyten sold 10,000 shares of the company's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $23.75, for a total value of $237,500.00. Following the completion of the sale, the director directly owned 63,942 shares of the company's stock, valued at approximately $1,518,622.50. This represents a 13.52% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 2,162,768 shares of company stock valued at $50,525,604. Corporate insiders own 26.50% of the company's stock.

C3.ai Trading Down 1.0%

Shares of NYSE:AI opened at $16.66 on Thursday. The stock's fifty day simple moving average is $22.60 and its two-hundred day simple moving average is $22.91. C3.ai, Inc. has a 1-year low of $14.70 and a 1-year high of $45.08. The stock has a market cap of $2.24 billion, a PE ratio of -7.44 and a beta of 1.96.

C3.ai (NYSE:AI - Get Free Report) last released its earnings results on Wednesday, September 3rd. The company reported ($0.86) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by ($0.65). C3.ai had a negative return on equity of 33.51% and a negative net margin of 74.21%.The business had revenue of $70.26 million for the quarter, compared to the consensus estimate of $104.02 million. During the same quarter in the previous year, the firm earned ($0.05) earnings per share. The company'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. On average, sell-side analysts forecast that C3.ai, Inc. will post -2.44 earnings per share for the current fiscal year.

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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