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 $8,900 were sold by Witteveen Merel on Feb 25 ’25. At $26.41 per share, Witteveen Merel sold 337 shares. The insider’s holdings dropped to 5,883 shares worth approximately $0.13 million following the completion of this transaction.
Also, Witteveen Merel purchased 337 shares, netting a total of over 8,900 in proceeds.
Before that, Witteveen Merel had sold 3,253 shares from its account. In a trade valued at $102,697, the Senior VP, Operations traded C3.ai Inc shares for $31.57 each. Upon closing the transaction, the insider’s holdings decreased to 3,253 shares, worth approximately $0.13 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 drop of approximately -14.37%. Over the course of the year, C3.ai Inc shares have dropped approximately -34.24%. Shares of the company reached a 52-week high of $38.58 on 01/06/25 and a 52-week low of $20.97 on 03/04/25. A 50-day SMA is recorded $31.82, while a 200-day SMA reached $28.80.
Support And Resistance Levels for C3.ai Inc (AI)
According to the 24-hour chart, there is a support level at 22.05, which, if violated, would cause prices to drop to 21.47. In the upper region, resistance lies at 23.01. The next price resistance is at 23.39. RSI (Relative Strength Index) is 26.12 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.83, which suggests the price will decrease in the coming days. Percent R is at 86.23%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
