C3.ai executive chairman Siebel sells $9.75m in stock

Published 17/09/2025, 23:04
C3.ai executive chairman Siebel sells $9.75m in stock

Thomas M. Siebel, Executive Chairman and a ten percent owner of C3.ai, Inc. (NYSE:AI), sold 566,125 shares of Class A Common Stock on September 16, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, currently valued at $2.38 billion, has seen its stock gain over 10% in the past week despite showing significant volatility in recent months.

The shares were sold at a weighted-average price of $17.23, with prices ranging from $16.93 to $17.58. The total value of the sale was $9,754,333. The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan established on September 20, 2024. According to InvestingPro analysis, C3.ai maintains strong liquidity with a current ratio of 7.65 and holds more cash than debt on its balance sheet. Subscribers can access 8 additional ProTips and comprehensive financial analysis for C3.ai through the platform’s detailed research reports.

Following the transaction, Siebel continues to indirectly own 2,510,102 shares through The Siebel Living Trust, 9,216 shares through First Virtual Holdings, LLC, 170,294 shares through Siebel Asset Management, L.P., 72,695 shares through Siebel Asset Management III, L.P., and 1,237,115 shares through The Siebel 2011 Irrevocable Children’s Trust.

In other recent news, C3 AI has announced its fiscal year 2026 revenue outlook, projecting between $290 million and $300 million, which represents an approximate 24% year-over-year decline at the midpoint. This outlook has led UBS to lower its price target for C3 AI to $16, citing the company’s disappointing fiscal first-quarter results. Canaccord Genuity also adjusted its price target down to $16, expressing concerns over C3 AI’s growth trajectory. Despite these adjustments, UBS maintains a Neutral rating, while Canaccord holds a Hold rating on the stock.

Additionally, C3 AI has launched the C3 AI Agentic Process Automation platform, designed to enhance business workflows with AI agents. This new platform aims to transform traditional robotic process automation by integrating AI reasoning capabilities. In another strategic move, C3 AI has partnered with SMX to deliver secure AI solutions for government and commercial clients, ensuring compliance with stringent security standards.

UBS recently raised its price target on C3 AI to $17, maintaining a Neutral rating, while projecting a 16.5% growth for the company amid varying investor expectations. These developments highlight the dynamic landscape C3 AI is navigating as it continues to innovate and form strategic alliances.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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