Nuveen LLC Invests $5.53 Million in C3.ai, Inc. $AI

Nuveen LLC acquired a new position in C3.ai, Inc. (NYSE:AI - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 262,672 shares of the company's stock, valued at approximately $5,529,000. Nuveen LLC owned 0.20% of C3.ai as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Zweig DiMenna Associates LLC purchased a new stake in shares of C3.ai during the first quarter worth about $274,000. Susquehanna Fundamental Investments LLC purchased a new stake in shares of C3.ai during the fourth quarter worth about $3,159,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of C3.ai during the first quarter worth about $668,000. Banque Cantonale Vaudoise purchased a new stake in shares of C3.ai during the first quarter worth about $390,000. Finally, GAMMA Investing LLC grew its position in shares of C3.ai by 4,846.5% during the first quarter. GAMMA Investing LLC now owns 12,020 shares of the company's stock worth $253,000 after purchasing an additional 11,777 shares in the last quarter. Hedge funds and other institutional investors own 38.96% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on AI shares. DA Davidson reiterated an "underperform" rating and set a $13.00 target price (down previously from $25.00) on shares of C3.ai in a research report on Monday, August 11th. Piper Sandler cut their target price on C3.ai from $28.00 to $27.00 and set a "neutral" rating for the company in a research report on Thursday, May 29th. KeyCorp reiterated a "mixed" rating on shares of C3.ai in a research report 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, JPMorgan Chase & Co. cut their price target on C3.ai from $27.00 to $23.00 and set an "underweight" rating for the company in a report on Thursday, May 29th. One research 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 issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus price target of $27.43.

C3.ai Stock Performance

Shares of C3.ai stock opened at $17.08 on Tuesday. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of -7.62 and a beta of 1.98. The stock has a 50 day moving average price of $23.56 and a 200-day moving average price of $23.55. C3.ai, Inc. has a one year low of $14.70 and a one year high of $45.08.

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

Insider Transactions at C3.ai

In other news, Director John E. Hyten sold 10,000 shares of C3.ai 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 transaction, the director owned 63,942 shares in the company, valued at approximately $1,518,622.50. The trade was a 13.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Hitesh Lath sold 17,689 shares of C3.ai stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $24.96, for a total value of $441,517.44. Following the completion of the transaction, the chief financial officer owned 166,218 shares of the company's stock, valued at approximately $4,148,801.28. This trade represents a 9.62% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 2,256,269 shares of company stock worth $53,241,984. 26.50% of the stock is currently owned by corporate insiders.

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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