C3.ai Inc’s recent filing unveils that its CHIEF EXECUTIVE OFFICER SIEBEL THOMAS M unloaded Company’s shares for reported $18.25 million on Feb 11 ’25. In the deal valued at $33.04 per share,552,422 shares were sold. As a result of this transaction, SIEBEL THOMAS M now holds 1,336,968 shares worth roughly $ 42.19 million.
Then, SIEBEL THOMAS M sold 99,701 shares, generating $3,219,864 in total proceeds. Upon selling the shares at $32.30, the CHIEF EXECUTIVE OFFICER now owns 1,237,267 shares.
Before that, LEVIN RICHARD C sold 12,000 shares. C3.ai Inc shares valued at $358,080 were divested by the Director at a price of $29.84 per share. As a result of the transaction, LEVIN RICHARD C now holds 161,664 shares, worth roughly $5.1 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 Friday, C3.ai Inc [NYSE:AI] saw its stock fall -4.10% to $31.56. Over the last five days, the stock has lost -5.73%. C3.ai Inc shares have fallen nearly -8.34% since the year began. Nevertheless, the stocks have risen 9.81% 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 $35.07, while 200 days put it at $28.69.
Levels Of Support And Resistance For AI Stock
The 24-hour chart illustrates a support level at 30.96, which if violated will result in even more drops to 30.37. On the upside, there is a resistance level at 32.56. A further resistance level may holdings at 33.57. The Relative Strength Index (RSI) on the 14-day chart is 44.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.17%. Stochastics %K at 44.43% 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 2025-01-31, dropping by -0.2 million shares to a total of 21.59 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 21.79 million shares. There was a decline of -0.92%, 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.
