C3.ai CEO Thomas Siebel sells $601,634 in stock

Thomas Siebel, the Chief Executive Officer of C3.ai, Inc. (NYSE:AI), recently sold a substantial amount of the company’s Class A common stock. According to a regulatory filing, Siebel sold 27,010 shares on May 2, 2025, at a weighted-average price of $22.27 per share, totaling approximately $601,634. The transaction comes as C3.ai’s stock has shown significant volatility, with InvestingPro data showing the shares are down over 36% year-to-date, despite maintaining strong liquidity with a current ratio of 6.74.

The sale was conducted to cover tax obligations arising from the settlement of vested restricted stock units (RSUs). Following this transaction, Siebel’s direct ownership of C3.ai stock was reduced to 26,115 shares. According to InvestingPro analysis, the company currently appears slightly undervalued based on its Fair Value assessment, with analysts setting price targets ranging from $15 to $56 per share.

Additionally, the filing disclosed a series of other transactions, including the acquisition and disposition of shares through gifts, which did not involve any monetary exchange. These transactions reflect ongoing adjustments in Siebel’s stock holdings, managed through various trusts and partnerships. While the company has demonstrated strong revenue growth of 23.79% over the last twelve months, InvestingPro data indicates it remains unprofitable, with additional insights available in the comprehensive Pro Research Report.

In other recent news, Atrium Mortgage Investment Corporation reported strong fourth-quarter 2024 earnings, with an EPS of $0.27, consistent with the prior year, and a full-year EPS of $1.06. The company announced a dividend increase from an annualized $0.90 to $0.93, reflecting its robust financial health. Despite a slight decrease in its mortgage portfolio to $887 million, Atrium maintained a strong market position by strategically shifting towards lower-risk mortgages and increasing commercial loans. Meanwhile, C3 AI announced a strategic partnership with Arcfield to enhance the use of AI in defense and intelligence operations, utilizing its C3 Agentic AI Platform and C3 Generative AI. This collaboration aims to provide intelligent insights for national security and space challenges. Additionally, C3 AI formed an alliance with PwC to promote AI adoption in business transformations across various sectors, including banking and industrial manufacturing. This partnership combines C3 AI’s software solutions with PwC’s advisory expertise to accelerate digital transformation initiatives. C3 AI is also set to host its annual user conference, C3 Transform 2025, in Florida, focusing on the impact of generative and agentic AI on enterprise software.

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