C3.ai CFO Lath Hitesh sells $796k in shares

Published 17/09/2025, 23:04
C3.ai CFO Lath Hitesh sells $796k in shares

C3.ai, Inc. NASDAQ:AI Chief Financial Officer Lath Hitesh sold 46,881 shares of Class A Common Stock on September 16, 2025, at prices ranging from $16.92 to $17.12, for a total value of $796,508. The transaction occurred near the stock’s current trading level of $17.26, with the company currently valued at $2.4 billion. According to InvestingPro analysis, C3.ai maintains a strong balance sheet with more cash than debt and a healthy current ratio of 7.65x.

On September 15, 2025, Lath also exercised options to acquire a total of 88,007 shares of Class A Common Stock. These transactions were related to the vesting of restricted stock units. The stock has shown significant volatility, trading between $14.70 and $45.08 over the past 52 weeks. For deeper insights into insider trading patterns and comprehensive financial analysis, access the full C3.ai research report on InvestingPro.

In other recent news, C3 AI has announced its fiscal year 2026 revenue outlook, projecting between $290 million and $300 million, which indicates a roughly 24% year-over-year decline at the midpoint. This outlook has led UBS to lower its price target for C3 AI to $16, maintaining a Neutral rating due to growth concerns. Similarly, Canaccord Genuity has also reduced its price target to $16, citing a declining growth trajectory for the current year, though they anticipate a potential return to over 20% growth in the following year. In a strategic move, C3 AI has partnered with SMX to deliver secure AI solutions for government and commercial clients, integrating SMX’s Elevate platform with C3 AI’s Agentic AI Platform. This partnership aims to meet rigorous security standards, enhancing the deployment of AI solutions. Additionally, C3 AI launched the C3 AI Agentic Process Automation platform, designed to automate business and operational workflows using AI agents. Despite these advancements, UBS has only slightly raised its price target to $17, maintaining a cautious outlook on C3 AI’s long-term growth prospects.

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