C3.ai Inc (NYSE: AI) is -10.25% lower on its value in year-to-date trading and has touched a low of $18.85 and a high of $45.08 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AI stock was last observed hovering at around $30.96 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $30.90, the stock is -14.46% and -9.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.07 million and changing -0.19% at the moment leaves the stock 11.74% off its SMA200. AI registered 12.94% gain for a year compared to 6-month gain of 1.05%. The firm has a 50-day simple moving average (SMA 50) of $33.9484 and a 200-day simple moving average (SMA200) of $27.6346.
The stock witnessed a -19.07% loss in the last 1 month and extending the period to 3 months gives it a 13.44%, and is -16.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.77% over the week and 7.07% over the month.
C3.ai Inc (AI) has around 891 employees, a market worth around $3.99B and $346.54M in sales. Profit margin for the company is -79.17%. Distance from 52-week low is 63.93% and -31.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-31.89%).
with sales reaching $98.05M over the same period.The EPS is expected to shrink by -32.86% this year, but quarterly earnings will post 24.98% year-over-year. Quarterly sales are estimated to grow 25.06% in year-over-year returns.
C3.ai Inc (AI) Top Institutional Holders
428.0 institutions hold shares in C3.ai Inc (AI), with institutional investors hold 54.86% of the company’s shares. The shares outstanding are 125.57M, and float is at 111.83M with Short Float at 19.49%. Institutions hold 49.93% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.52 million shares valued at $333.73 million. The investor’s holdings represent 9.6544% of the AI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.47 million shares valued at $216.42 million to account for 6.2607 of the shares outstanding. The other top investors are VOYA INVESTMENT MANAGEMENT LLC which holds 6.34 million shares representing 5.0758% and valued at over $183.71 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 3.1459 of the shares totaling 3.75 million with a market value of $108.74 million.
C3.ai Inc (AI) Insider Activity
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C3.ai Inc disclosed in a document filed with the SEC on Jan 02 ’25 that Lath Hitesh (CHIEF FINANCIAL OFFICER) sold a total of 601 shares of the company’s common stock. The trade occurred on Jan 02 ’25 and was made at $35.00 per share for $21035.0. Following the transaction, the insider now directly holds 250.0 shares of the AI stock.
Still, SEC filings show that on Jan 02 ’25, LEVIN RICHARD C (Director) disposed off 12,000 shares at an average price of $34.80 for $0.42 million. The insider now directly holds 161,664 shares of C3.ai Inc (AI).
