Tiller Private Wealth Inc. Invests $5.30 Million in C3.ai, Inc. $AI

Key Points

• Tiller Private Wealth Inc. invested approximately $5.30 million in C3.ai, Inc., acquiring 215,686 shares, which now constitutes 2.0% of Tiller's portfolio.
• C3.ai reported a earnings per share of ($0.86) for the quarter, significantly missing analyst estimates, alongside a revenue of $70.26 million, down 19.4% from last year.
• Institutional investors own 38.96% of C3.ai's stock, with multiple hedge funds recently adjusting their stakes in the company.

Tiller Private Wealth Inc. purchased a new stake in C3.ai, Inc. (NYSE:AI - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 215,686 shares of the company's stock, valued at approximately $5,300,000. C3.ai accounts for 2.0% of Tiller Private Wealth Inc.'s portfolio, making the stock its 14th largest position. Tiller Private Wealth Inc. owned 0.16% of C3.ai as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Liontrust Investment Partners LLP increased its holdings in shares of C3.ai by 203.2% in the first quarter. Liontrust Investment Partners LLP now owns 144,288 shares of the company's stock valued at $3,037,000 after purchasing an additional 96,695 shares during the last quarter. Zweig DiMenna Associates LLC bought a new stake in shares of C3.ai during the 1st quarter worth about $274,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in C3.ai in the 1st quarter valued at about $668,000. Banque Cantonale Vaudoise bought a new position in C3.ai in the 1st quarter valued at about $390,000. Finally, GAMMA Investing LLC raised its holdings in C3.ai by 4,846.5% in the 1st quarter. GAMMA Investing LLC now owns 12,020 shares of the company's stock valued at $253,000 after acquiring an additional 11,777 shares during the period. Institutional investors and hedge funds own 38.96% of the company's stock.

C3.ai Price Performance

Shares of NYSE AI opened at $17.14 on Friday. The business has a fifty day moving average price of $19.44 and a two-hundred day moving average price of $21.92. The stock has a market capitalization of $2.36 billion, a PE ratio of -6.59 and a beta of 1.96. C3.ai, Inc. has a fifty-two week low of $14.70 and a fifty-two week high of $45.08.

C3.ai (NYSE:AI - Get Free Report) last released its earnings results on Wednesday, September 3rd. The company reported ($0.86) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by ($0.65). The company had revenue of $70.26 million for the quarter, compared to analyst estimates of $104.02 million. C3.ai had a negative return on equity of 40.69% and a negative net margin of 92.08%.The business's revenue for the quarter was down 19.4% compared to the same quarter last year. During the same period last year, the company posted ($0.05) earnings per share. C3.ai has set its Q2 2026 guidance at EPS. On average, equities analysts expect that C3.ai, Inc. will post -2.44 EPS for the current year.

Insider Activity at C3.ai

In other news, CFO Hitesh Lath sold 46,881 shares of the company's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $16.99, for a total transaction of $796,508.19. Following the completion of the sale, the chief financial officer owned 209,154 shares of the company's stock, valued at approximately $3,553,526.46. This represents a 18.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Thomas M. Siebel sold 589,468 shares of C3.ai stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of $28.58, for a total transaction of $16,846,995.44. Following the completion of the transaction, the chief executive officer directly owned 3,227,334 shares in the company, valued at $92,237,205.72. This trade represents a 15.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,225,352 shares of company stock valued at $46,527,982 over the last 90 days. Corporate insiders own 26.50% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. DA Davidson restated an "underperform" rating and set a $13.00 price objective (down previously from $25.00) on shares of C3.ai in a report on Monday, August 11th. UBS Group boosted their price target on C3.ai from $16.00 to $17.00 and gave the company a "neutral" rating in a research note on Friday, September 12th. Morgan Stanley decreased their price objective on C3.ai from $22.00 to $11.00 and set an "underweight" rating on the stock in a report on Tuesday, September 9th. Needham & Company LLC reissued a "hold" rating on shares of C3.ai in a report on Thursday, September 4th. Finally, Wall Street Zen downgraded shares of C3.ai from a "hold" rating to a "sell" rating in a research note on Saturday, August 16th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of $22.09.

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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