C3.ai, Inc. $AI Shares Bought by PFG Advisors

PFG Advisors lifted its stake in shares of C3.ai, Inc. (NYSE:AI) by 26.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,459 shares of the company’s stock after purchasing an additional 4,530 shares during the period. PFG Advisors’ holdings in C3.ai were worth $527,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of AI. Vanguard Group Inc. raised its holdings in C3.ai by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 13,407,490 shares of the company’s stock worth $282,228,000 after buying an additional 471,521 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of C3.ai by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,157,303 shares of the company’s stock worth $45,414,000 after acquiring an additional 91,923 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of C3.ai by 3.4% during the first quarter. Bank of New York Mellon Corp now owns 719,259 shares of the company’s stock valued at $15,140,000 after acquiring an additional 23,366 shares during the period. Vident Advisory LLC lifted its position in shares of C3.ai by 3,935.9% in the 1st quarter. Vident Advisory LLC now owns 568,492 shares of the company’s stock valued at $11,967,000 after acquiring an additional 554,406 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in C3.ai by 1,481.6% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 502,173 shares of the company’s stock worth $12,338,000 after purchasing an additional 470,422 shares during the period. Institutional investors and hedge funds own 38.96% of the company’s stock.

Insider Activity

In other news, Chairman Thomas M. Siebel sold 566,125 shares of the business’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $17.23, for a total value of $9,754,333.75. Following the completion of the sale, the chairman directly owned 2,510,102 shares in the company, valued at approximately $43,249,057.46. The trade was a 18.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Robert David Schilling sold 470,420 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $17.29, for a total transaction of $8,133,561.80. Following the sale, the executive vice president owned 1,011,327 shares of the company’s stock, valued at $17,485,843.83. This trade represents a 31.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,774,973 shares of company stock valued at $31,388,294 over the last 90 days. 26.50% of the stock is currently owned by company insiders.

C3.ai Stock Down 5.1%

NYSE AI opened at $15.26 on Wednesday. The stock has a market capitalization of $2.10 billion, a PE ratio of -5.87 and a beta of 1.96. C3.ai, Inc. has a 12-month low of $14.70 and a 12-month high of $45.08. The company has a 50 day moving average price of $17.45 and a two-hundred day moving average price of $21.20.

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

Analyst Upgrades and Downgrades

AI has been the topic of several recent analyst reports. Canaccord Genuity Group cut their target price on shares of C3.ai from $28.00 to $16.00 and set a “hold” rating on the stock in a research note on Friday, September 5th. JMP Securities reduced their price objective on C3.ai from $30.00 to $24.00 and set a “market outperform” rating for the company in a research note on Thursday, September 4th. Northland Securities cut C3.ai from an “outperform” rating to a “market perform” rating and set a $17.00 target price on the stock. in a research note on Tuesday, August 12th. Northland Capmk lowered shares of C3.ai from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of C3.ai in a research report on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, seven have issued a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $22.09.

C3.ai 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.