Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. C3.ai Inc shares valued at $12,690,525 were sold by SIEBEL THOMAS M on Jan 14 ’25. At $30.97 per share, SIEBEL THOMAS M sold 409,831 shares. The insider’s holdings dropped to 1,756,390 shares worth approximately $55.59 million following the completion of this transaction.
Also, SIEBEL THOMAS M sold 255,601 shares, netting a total of over 8,192,380 in proceeds. Following the sale of shares at $32.05 each, the insider now holds 1,756,390 shares.
Before that, Thomas M. Siebel had added 1,956,636 shares to its account. In a trade valued at $61,047,043, the Officer and Director bought C3.ai Inc shares for $31.20 each.
As published in a research note from KeyBanc Capital Markets on December 19, 2024, C3.ai Inc [AI] has been rated down from a Sector weight to an Underweight and the price target has been revised to $29. Analysts at JP Morgan downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in mid December. As of May 30, 2024, Northland Capital has increased its “Market perform” rating to a “an Outperform” for AI. Earlier on November 21, 2023, Oppenheimer upgraded its rating. Their new recommendation was “an Outperform” for AI stock which previously was a “a Perform”.
Analyzing AI Stock Performance
During the last five days, there has been a drop of approximately -5.89%. Over the course of the year, C3.ai Inc shares have dropped approximately -8.07%. Shares of the company reached a 52-week high of $38.58 on 01/06/25 and a 52-week low of $30.24 on 01/14/25. A 50-day SMA is recorded $35.21, while a 200-day SMA reached $28.02. Nevertheless, trading volume fell to 3.46 million shares from 4.46 million shares the previous day.
Support And Resistance Levels for C3.ai Inc (AI)
According to the 24-hour chart, there is a support level at 30.89, which, if violated, would cause prices to drop to 30.13. In the upper region, resistance lies at 32.69. The next price resistance is at 33.73. RSI (Relative Strength Index) is 43.10 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.41, which suggests the price will decrease in the coming days. Percent R is at 73.94%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
