C3.ai, Inc. $AI Position Increased by Nomura Holdings Inc.

Key Points

• Nomura Holdings Inc. has increased its stake in C3.ai, Inc. by 605.5%, now owning 62,264 shares valued at approximately $1.31 million.
• Several institutional investors are also investing significantly in C3.ai, with Two Sigma Investments acquiring a new stake worth over $42 million.
• Wall Street analysts have mixed opinions on C3.ai, with consensus ratings averaging at "Reduce" and a target price of $27.43.

Nomura Holdings Inc. grew its stake in shares of C3.ai, Inc. (NYSE:AI - Free Report) by 605.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 62,264 shares of the company's stock after purchasing an additional 53,439 shares during the quarter. Nomura Holdings Inc.'s holdings in C3.ai were worth $1,311,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. PNC Financial Services Group Inc. grew its holdings in shares of C3.ai by 8.4% during the first quarter. PNC Financial Services Group Inc. now owns 6,546 shares of the company's stock valued at $138,000 after purchasing an additional 510 shares during the last quarter. Optimum Investment Advisors grew its holdings in C3.ai by 35.6% in the 1st quarter. Optimum Investment Advisors now owns 2,668 shares of the company's stock worth $56,000 after buying an additional 700 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in C3.ai by 2.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 35,460 shares of the company's stock worth $773,000 after buying an additional 708 shares in the last quarter. Probity Advisors Inc. grew its holdings in C3.ai by 4.4% in the 1st quarter. Probity Advisors Inc. now owns 17,444 shares of the company's stock worth $367,000 after buying an additional 738 shares in the last quarter. Finally, Aspect Partners LLC grew its holdings in C3.ai by 14.3% in the 1st quarter. Aspect Partners LLC now owns 7,504 shares of the company's stock worth $158,000 after buying an additional 941 shares in the last quarter. 38.96% of the stock is owned by institutional investors.

C3.ai Stock Down 1.0%

AI traded down $0.16 during trading on Wednesday, reaching $16.66. The stock had a trading volume of 16,077,227 shares, compared to its average volume of 10,622,852. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of -7.44 and a beta of 1.96. C3.ai, Inc. has a 1-year low of $14.70 and a 1-year high of $45.08. The stock has a 50 day moving average of $22.60 and a two-hundred day moving average of $22.91.

C3.ai (NYSE:AI - Get Free Report) last released 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 return on equity of 33.51% and a negative net margin of 74.21%.The firm's quarterly revenue was down 19.4% compared to the same quarter last year. During the same period last year, the company earned ($0.05) earnings per share. C3.ai has set its Q2 2026 guidance at EPS. On average, research analysts forecast that C3.ai, Inc. will post -2.44 EPS for the current fiscal year.

Insider Transactions at C3.ai

In other news, Director John E. Hyten sold 10,000 shares of the stock in a transaction on Friday, June 13th. The stock was sold at an average price of $23.75, for a total transaction of $237,500.00. Following the completion of the sale, the director owned 63,942 shares in the company, valued at approximately $1,518,622.50. This represents a 13.52% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Hitesh Lath sold 17,689 shares of the stock in a transaction on Friday, June 27th. The shares were sold at an average price of $24.96, for a total value of $441,517.44. Following the sale, the chief financial officer owned 166,218 shares of the company's stock, valued at $4,148,801.28. This trade represents a 9.62% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 2,162,768 shares of company stock valued at $50,525,604. 26.50% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

AI has been the subject of a number of recent analyst reports. Oppenheimer reissued a "market perform" rating on shares of C3.ai in a report on Tuesday, August 12th. Westpark Capital raised C3.ai to a "strong-buy" rating and set a $40.00 price objective for the company in a report on Wednesday, July 9th. Needham & Company LLC reissued a "hold" rating on shares of C3.ai in a report on Monday, August 11th. UBS Group decreased their price objective on C3.ai from $28.00 to $27.00 and set a "neutral" rating for the company in a report on Thursday, June 26th. Finally, Wall Street Zen lowered C3.ai from a "hold" rating to a "sell" rating in a report on Saturday, August 16th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Reduce" and an average target price of $27.43.

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.