C3.ai Inc’s filing revealed that its Director LEVIN RICHARD C unloaded Company’s shares for reported $0.36 million on Feb 03 ’25. In the deal valued at $29.84 per share,12,000 shares were sold. As a result of this transaction, LEVIN RICHARD C now holds 161,664 shares worth roughly $5.67 million.
Then, LEVIN RICHARD C bought 12,000 shares, generating $358,080 in total proceeds.
Before that, SIEBEL THOMAS M sold 409,831 shares. C3.ai Inc shares valued at $12,690,525 were divested by the CHIEF EXECUTIVE OFFICER at a price of $30.97 per share. As a result of the transaction, SIEBEL THOMAS M now holds 1,756,390 shares, worth roughly $61.63 million.
KeyBanc Capital Markets downgraded its C3.ai Inc [AI] rating to an Underweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid December from “a Neutral” to “an Underweight”. Northland Capital also remained covering AI and has increased its forecast on May 30, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. Oppenheimer revised its rating on November 21, 2023. It rated AI as “an Outperform” which previously was an “a Perform”.
Price Performance Review of AI
On Monday, C3.ai Inc [NYSE:AI] saw its stock jump 4.81% to $35.09. Over the last five days, the stock has gained 12.43%. C3.ai Inc shares have risen nearly 1.92% since the year began. Nevertheless, the stocks have risen 35.85% over the past one year. While a 52-week high of $45.08 was reached on 01/06/25, a 52-week low of $18.85 was recorded on 02/03/25. SMA at 50 days reached $35.41, while 200 days put it at $28.49.
Levels Of Support And Resistance For AI Stock
The 24-hour chart illustrates a support level at 33.78, which if violated will result in even more drops to 32.47. On the upside, there is a resistance level at 36.19. A further resistance level may holdings at 37.29. The Relative Strength Index (RSI) on the 14-day chart is 56.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.53%. Stochastics %K at 73.25% indicates the stock is a holding.
How much short interest is there in C3.ai Inc?
A steep rise in short interest was recorded in C3.ai Inc stocks on 2024-11-15, dropping by -1.79 million shares to a total of 22.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 24.56 million shares. There was a decline of -7.87%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 25, 2023 when Northland Capital began covering the stock and recommended ‘”a Market perform”‘ rating along with a $40 price target.
