Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. C3.ai Inc shares valued at $358,080 were sold by LEVIN RICHARD C on Feb 03 ’25. At $29.84 per share, LEVIN RICHARD C sold 12,000 shares. The insider’s holdings dropped to 161,664 shares worth approximately $5.53 million following the completion of this transaction.
Also, LEVIN RICHARD C purchased 12,000 shares, netting a total of over 358,080 in proceeds.
Before that, SIEBEL THOMAS M had sold 409,831 shares from its account. In a trade valued at $12,690,525, the CHIEF EXECUTIVE OFFICER traded C3.ai Inc shares for $30.97 each. Upon closing the transaction, the insider’s holdings decreased to 409,831 shares, worth approximately $60.05 million.
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 surge of approximately 8.03%. Over the course of the year, C3.ai Inc shares have dropped approximately -0.70%. Shares of the company reached a 52-week high of $38.58 on 01/06/25 and a 52-week low of $29.40 on 02/03/25. A 50-day SMA is recorded $35.57, while a 200-day SMA reached $28.31. Nevertheless, trading volume fell to 3.5 million shares from 5.19 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 33.70, which, if violated, would cause prices to drop to 33.22. In the upper region, resistance lies at 34.44. The next price resistance is at 34.69. RSI (Relative Strength Index) is 53.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.49, which suggests the price will decrease in the coming days. Percent R is at 23.36%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
