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C3.ai, Inc. (NYSE:AI) has seen significant stock activity from its CEO, Thomas M. Siebel, who recently sold a substantial amount of company shares. According to a recent SEC filing, Siebel disposed of approximately $13.9 million worth of Class A Common Stock in a series of transactions. The stock, which InvestingPro data shows has declined about 36% year-to-date, currently trades near its Fair Value based on comprehensive analysis.
The transactions took place over three days, beginning on March 14, 2025. On this day, Siebel sold 294,116 shares at an average price of $21.50 each. The following day, March 17, he sold an additional 216,974 shares, with prices ranging from $21.48 to $22.275. On March 18, Siebel sold another 127,191 shares at prices ranging from $21.24 to $22.23, and 800 shares at an average price of $22.25. The company maintains strong liquidity with a current ratio of 6.74, and according to InvestingPro analysis, holds more cash than debt on its balance sheet.
These sales were conducted as part of a pre-established Rule 10b5-1 trading plan, which allows insiders to set up a predetermined schedule for selling company stock. Following these transactions, Siebel retains direct ownership of 598,186 shares. Additionally, he holds indirect ownership of over 6.6 million shares through various trusts and partnerships.
Investors often scrutinize insider transactions for insights into a company’s performance and future prospects. While these sales represent a significant portion of Siebel’s direct holdings, they are part of a structured trading plan and do not necessarily reflect his outlook on the company’s future.
In other recent news, Atrium Mortgage Investment Corporation reported its fourth-quarter 2024 earnings, highlighting an earnings per share (EPS) of $0.27, consistent with the previous year, and a full-year EPS of $1.06. The company announced an increase in its annual dividend from $0.90 to $0.93, reflecting its strong financial performance. Despite a slight decrease in its mortgage portfolio, which ended at $887 million, Atrium focused on lower-risk mortgages and increased its commercial loans, which rose from 9.9% to 21.5% of the portfolio. Meanwhile, C3 AI has formed a strategic alliance with PwC to enhance AI adoption in sectors like banking and manufacturing, aiming to improve business operations and decision-making. Additionally, C3 AI is set to host its sixth annual international user conference, C3 Transform 2025, in Florida, featuring discussions on the impact of generative and agentic AI on enterprise software. The event will include keynotes from notable figures and showcase new capabilities of the C3 AI Suite. These developments underscore the evolving landscape and strategic initiatives undertaken by both companies.
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