Quantbot Technologies LP Makes New Investment in C3.ai, Inc. $AI

Key Points

• Quantbot Technologies LP has acquired a new stake in C3.ai, Inc., purchasing 157,415 shares valued at approximately $3.31 million, representing 0.12% ownership of the company.
• Insiders have recently sold a significant amount of stock, including Director Stephen M. Ward, Jr. and CEO Thomas M. Siebel, who sold shares totaling over $16 million combined.
• C3.ai reported a revenue increase of 25.5% year-over-year, with quarterly revenue of $108.72 million and earnings per share of ($0.16), surpassing analyst expectations.

Quantbot Technologies LP purchased a new stake in C3.ai, Inc. (NYSE:AI - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 157,415 shares of the company's stock, valued at approximately $3,314,000. Quantbot Technologies LP owned about 0.12% of C3.ai at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in AI. Russell Investments Group Ltd. grew its position in shares of C3.ai by 100.7% in the 4th quarter. Russell Investments Group Ltd. now owns 909 shares of the company's stock valued at $31,000 after buying an additional 456 shares during the last quarter. Invesco Ltd. grew its position in shares of C3.ai by 9.2% in the 4th quarter. Invesco Ltd. now owns 331,767 shares of the company's stock valued at $11,423,000 after buying an additional 28,071 shares during the last quarter. Legal & General Group Plc grew its position in shares of C3.ai by 0.4% in the 4th quarter. Legal & General Group Plc now owns 119,144 shares of the company's stock valued at $4,102,000 after buying an additional 517 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of C3.ai in the 4th quarter valued at about $3,942,000. Finally, Mariner LLC grew its position in shares of C3.ai by 5.6% in the 4th quarter. Mariner LLC now owns 23,717 shares of the company's stock valued at $817,000 after buying an additional 1,262 shares during the last quarter. Institutional investors own 38.96% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Westpark Capital upgraded C3.ai to a "strong-buy" rating and set a $40.00 target price on the stock in a research report on Wednesday, July 9th. Wall Street Zen downgraded C3.ai from a "hold" rating to a "sell" rating in a research note on Saturday, August 16th. KeyCorp reiterated a "mixed" rating on shares of C3.ai in a report on Thursday, May 29th. Canaccord Genuity Group lowered their target price on C3.ai from $30.00 to $28.00 and set a "hold" rating on the stock in a research note on Thursday, May 29th. Finally, Oppenheimer restated a "market perform" rating on shares of C3.ai in a research note on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Reduce" and an average target price of $27.43.

Insider Transactions at C3.ai

In other C3.ai news, CFO Hitesh Lath sold 17,689 shares of C3.ai stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $24.96, for a total transaction of $441,517.44. Following the completion of the sale, the chief financial officer owned 166,218 shares of the company's stock, valued at $4,148,801.28. The trade was a 9.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Merel Witteveen sold 5,485 shares of the stock in a transaction dated Monday, June 16th. The shares were sold at an average price of $23.95, for a total value of $131,365.75. Following 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 disclosure for this sale can be found here. In the last three months, insiders sold 2,257,074 shares of company stock worth $53,260,950. 33.54% of the stock is currently owned by company insiders.

C3.ai Stock Performance

C3.ai stock traded up $0.6240 during midday trading on Friday, hitting $17.4840. 6,947,353 shares of the company's stock were exchanged, compared to its average volume of 11,206,568. C3.ai, Inc. has a 52-week low of $14.70 and a 52-week high of $45.08. The stock has a 50-day moving average price of $23.71 and a two-hundred day moving average price of $23.81. The company has a market cap of $2.35 billion, a P/E ratio of -7.81 and a beta of 1.98.

C3.ai (NYSE:AI - Get Free Report) last posted its earnings results on Wednesday, May 28th. The company reported ($0.16) EPS for the quarter, topping the consensus estimate 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 business had revenue of $108.72 million during the quarter, compared to analysts' expectations of $107.85 million. During the same period in the previous year, the business earned ($0.11) earnings per share. The firm's revenue was up 25.5% on a year-over-year basis. C3.ai has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, sell-side analysts expect that C3.ai, Inc. will post -2.44 earnings per share for the current year.

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.