Total Clarity Wealth Management Inc. Acquires New Stake in C3.ai, Inc. $AI

Key Points

• Total Clarity Wealth Management Inc. acquired a new stake in C3.ai, purchasing 13,886 shares valued at approximately $341,000 during the 2nd quarter.
• Insider trading activity included CEO Thomas M. Siebel selling 589,468 shares and CFO Hitesh Lath selling 46,881 shares, representing significant decreases in their holdings.
• Analysts have mixed views on C3.ai, with a consensus target price of $22.09, indicating potential for downside from recent trading levels.

Total Clarity Wealth Management Inc. acquired a new stake in C3.ai, Inc. (NYSE:AI - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 13,886 shares of the company's stock, valued at approximately $341,000.

Several other institutional investors have also added to or reduced their stakes in AI. GAMMA Investing LLC lifted its position 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 in the last quarter. SG Americas Securities LLC lifted its position in C3.ai by 41.0% during the 1st quarter. SG Americas Securities LLC now owns 15,073 shares of the company's stock worth $317,000 after buying an additional 4,381 shares in the last quarter. Handelsbanken Fonder AB lifted its position in C3.ai by 43.3% during the 1st quarter. Handelsbanken Fonder AB now owns 38,400 shares of the company's stock worth $808,000 after buying an additional 11,600 shares in the last quarter. CX Institutional bought a new stake in C3.ai during the 1st quarter worth about $34,000. Finally, Wealth Enhancement Advisory Services LLC lifted its position in C3.ai by 10.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,812 shares of the company's stock worth $375,000 after buying an additional 1,632 shares in the last quarter. 38.96% of the stock is owned by institutional investors.

Insider Activity at C3.ai

In related news, CEO Thomas M. Siebel sold 589,468 shares of the company's stock in a transaction dated Friday, July 18th. The shares were sold at an average price of $28.58, for a total value of $16,846,995.44. Following the transaction, the chief executive officer owned 3,227,334 shares in the company, valued at approximately $92,237,205.72. This represents a 15.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Hitesh Lath sold 46,881 shares of the company's stock in a transaction dated 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 transaction, the chief financial officer owned 209,154 shares in the company, valued at approximately $3,553,526.46. This trade represents a 18.31% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,695,772 shares of company stock worth $54,661,544. Insiders own 26.50% of the company's stock.

Wall Street Analyst Weigh In

AI has been the topic of several analyst reports. Needham & Company LLC reissued a "hold" rating on shares of C3.ai in a research report on Thursday, September 4th. Morgan Stanley cut their price target on shares of C3.ai from $22.00 to $11.00 and set an "underweight" rating on the stock in a research report on Tuesday, September 9th. Canaccord Genuity Group cut their price target on shares of C3.ai from $28.00 to $16.00 and set a "hold" rating on the stock in a research report on Friday, September 5th. Westpark Capital raised shares of C3.ai to a "strong-buy" rating and set a $40.00 price target on the stock in a research report on Wednesday, July 9th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of C3.ai in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus target price of $22.09.

C3.ai Stock Performance

Shares of AI stock opened at $19.33 on Tuesday. The firm's 50-day moving average is $17.88 and its 200-day moving average is $21.62. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of -7.43 and a beta of 1.96. C3.ai, Inc. has a 52-week low of $14.70 and a 52-week high of $45.08.

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

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