C3.ai Inc’s recent filing unveils that its Senior VP, Operations Witteveen Merel unloaded Company’s shares for reported $0.1 million on Feb 18 ’25. In the deal valued at $31.57 per share,3,253 shares were sold. As a result of this transaction, Witteveen Merel now holds 5,546 shares worth roughly $0.15 million.
Then, Witteveen Merel bought 3,253 shares, generating $102,697 in total proceeds.
Before that, SIEBEL THOMAS M sold 552,422 shares. C3.ai Inc shares valued at $18,252,590 were divested by the CHIEF EXECUTIVE OFFICER at a price of $33.04 per share. As a result of the transaction, SIEBEL THOMAS M now holds 1,336,968 shares, worth roughly $35.94 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 -5.68% to $26.88. Over the last five days, the stock has lost -14.83%. C3.ai Inc shares have fallen nearly -21.93% since the year began. Nevertheless, the stocks have risen 2.67% 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 02/24/25. SMA at 50 days reached $34.15, while 200 days put it at $28.84.
Levels Of Support And Resistance For AI Stock
The 24-hour chart illustrates a support level at 26.06, which if violated will result in even more drops to 25.25. On the upside, there is a resistance level at 27.97. A further resistance level may holdings at 29.07. The Relative Strength Index (RSI) on the 14-day chart is 31.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.40%. Stochastics %K at 8.82% indicates the stock is a buying.
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.
