C3.ai Stock Volatile as CEO Puts Some Shares for Sale, Offsetting Strong Results [Yahoo! Finance]
C3.ai, Inc. Class A (AI)
Last c3.ai, inc. class a earnings: 2/6 04:35 pm
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Source: Yahoo! Finance
The news made trading in the company volatile Tuesday, even as posted better-than-expected quarterly results and boosted its revenue guidance. Siebel noted the company is benefiting from its new global strategic alliance with Microsoft. C3.ai ( AI ) shares have been volatile Tuesday, after a filing showing that Chief Executive Officer (CEO) Thomas Siebel plans to sell millions of stock offset better-than-estimated quarterly results. In a regulatory filing, the artificial intelligence (AI) software firm said that during its fiscal 2025 second quarter, Siebel put up 12.78 million shares to be sold. The company noted that as of October 31, Siebel and his related entities had beneficial ownership over around 87.8% of its Class B common stock and approximately 21.6% of outstanding Class A common stock. That resulted "in beneficial ownership of capital stock representing approximately 53.9%" of the voting power on the company's stock. The shares for sale have an expiration date o
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News
- Why C3.ai (AI) Shares Are Falling Today [Yahoo! Finance]Yahoo! Finance
- Why C3.ai Stock Crashed 11% on Thursday [Yahoo! Finance]Yahoo! Finance
- C3.ai, Inc. (NYSE: AI) was upgraded by analysts at DA Davidson to a "hold" rating.MarketBeat
- C3.ai, Inc. (NYSE: AI) was downgraded by analysts at KeyCorp from a "sector weight" rating to an "underweight" rating. They now have a $29.00 price target on the stock.MarketBeat
- https://seekingalpha.com/article/4745006-c3ai-stock-the-enterprise-ai-giant-of-tomorrow-unbelievably-cheap-today [Seeking Alpha]Seeking Alpha
AI
Earnings
- 12/9/24 - Beat
AI
Sec Filings
- 12/19/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 144
- AI's page on the SEC website