C3.ai, Inc. ( NYSE:AI – Get Free Report ) CFO Hitesh Lath sold 601 shares of the business’s stock in a transaction on Thursday, January 2nd.
The shares were sold at an average price of $35.00, for a total value of $21,035.00.
Following the transaction, the chief financial officer now owns 250 shares of the company’s stock, valued at approximately $8,750. The trade was a 70.62 % decrease in their position.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink . Hitesh Lath also recently made the following trade(s): C3.ai Trading Up 6.
1 % AI opened at $36.78 on Friday. The stock has a fifty day moving average price of $33.
75 and a 200-day moving average price of $28.44. C3.
ai, Inc. has a 12 month low of $18.85 and a 12 month high of $45.
08. The firm has a market cap of $4.75 billion, a price-to-earnings ratio of -16.
64 and a beta of 2.00. Institutional Inflows and Outflows Analyst Ratings Changes Several brokerages have weighed in on AI.
Piper Sandler upped their target price on C3.ai from $24.00 to $42.
00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Morgan Stanley upped their target price on C3.ai from $21.
00 to $32.00 and gave the stock an “underweight” rating in a report on Tuesday, December 10th. StockNews.
com upgraded C3.ai to a “sell” rating in a report on Tuesday, November 26th. DA Davidson upgraded C3.
ai to a “hold” rating in a report on Wednesday, December 18th. Finally, KeyCorp cut C3.ai from a “sector weight” rating to an “underweight” rating and set a $29.
00 target price for the company. in a report on Thursday, December 19th. Five research analysts have rated the stock with a sell rating, five have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock.
According to data from MarketBeat, C3.ai currently has an average rating of “Hold” and an average target price of $35.00.
Get Our Latest Analysis on AI About C3.ai ( Get Free Report ) C3.ai, Inc operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally.
The company provides C3 AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 Generative AI Product Suite that enables to locate, retrieve, and present information. Featured Articles Receive News & Ratings for C3.ai Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C3.
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Business
Hitesh Lath Sells 601 Shares of C3.ai, Inc. (NYSE:AI) Stock
C3.ai, Inc. (NYSE:AI – Get Free Report) CFO Hitesh Lath sold 601 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $35.00, for a total value of $21,035.00. Following the transaction, the chief financial officer now owns 250 shares of the company’s stock, [...]