PFG Advisors Grows Stake in C3.ai, Inc. $AI

PFG Advisors lifted its stake in C3.ai, Inc. (NYSE:AI) by 26.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,459 shares of the company’s stock after buying an additional 4,530 shares during the period. PFG Advisors’ holdings in C3.ai were worth $527,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of AI. NewEdge Advisors LLC boosted its holdings in C3.ai by 48.7% in the 1st quarter. NewEdge Advisors LLC now owns 2,442 shares of the company’s stock worth $51,000 after acquiring an additional 800 shares during the period. Blue Trust Inc. lifted its holdings in C3.ai by 53.7% in the 2nd quarter. Blue Trust Inc. now owns 2,329 shares of the company’s stock worth $57,000 after buying an additional 814 shares in the last quarter. Bogart Wealth LLC boosted its holdings in C3.ai by 22.7% in the second quarter. Bogart Wealth LLC now owns 2,700 shares of the company’s stock valued at $66,000 after purchasing an additional 500 shares during the last quarter. McElhenny Sheffield Capital Management LLC purchased a new stake in C3.ai during the 2nd quarter worth approximately $71,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in shares of C3.ai in the 2nd quarter valued at approximately $103,000. 38.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Wall Street Zen lowered shares of C3.ai from a “hold” rating to a “sell” rating in a research note on Saturday, August 16th. Northland Securities cut shares of C3.ai from an “outperform” rating to a “market perform” rating and set a $17.00 price target on the stock. in a research report on Tuesday, August 12th. DA Davidson reissued an “underperform” rating and issued a $13.00 price objective (down from $25.00) on shares of C3.ai in a report on Monday, August 11th. UBS Group increased their target price on C3.ai from $16.00 to $17.00 and gave the stock a “neutral” rating in a report on Friday, September 12th. Finally, Morgan Stanley lowered their price target on C3.ai from $22.00 to $11.00 and set an “underweight” rating for the company in a report on Tuesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, C3.ai currently has a consensus rating of “Reduce” and a consensus target price of $22.09.

C3.ai Price Performance

Shares of C3.ai stock opened at $15.26 on Wednesday. C3.ai, Inc. has a 1-year low of $14.70 and a 1-year high of $45.08. The business’s fifty day moving average price is $17.45 and its two-hundred day moving average price is $21.20. The company has a market capitalization of $2.10 billion, a P/E ratio of -5.87 and a beta of 1.96.

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

Insider Transactions at C3.ai

In related news, Chairman Thomas M. Siebel sold 27,545 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $17.30, for a total transaction of $476,528.50. Following the completion of the transaction, the chairman owned 25,580 shares of the company’s stock, valued at $442,534. This trade represents a 51.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Hitesh Lath sold 46,881 shares of C3.ai stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $16.99, for a total value of $796,508.19. Following the transaction, the chief financial officer directly owned 209,154 shares in the company, valued at approximately $3,553,526.46. The trade was a 18.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,774,973 shares of company stock valued at $31,388,294. Company insiders own 26.50% of the company’s stock.

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.