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C3.ai, Inc. (NYSE:AI) Senior Vice President of Operations, Merel Witteveen, recently executed a stock transaction involving the sale of 805 shares of Class A Common Stock, according to a filing with the Securities and Exchange Commission. The shares were sold on May 27, 2025, at a price of $23.56 each, totaling $18,965. The transaction occurred as the stock shows significant volatility, with a beta of 1.98 and a notable 9.4% gain over the past week, though it remains down 34% over the last six months.
In addition to the sale, Witteveen also acquired 1,500 shares of Class A Common Stock on May 24, 2025, through the vesting of Restricted Stock Units (RSUs). This acquisition was conducted at no cost, as each RSU represents a right to receive one share upon settlement. Post these transactions, Witteveen holds a total of 12,761 shares directly in the company. The shares sold were primarily to cover tax obligations arising from the settlement of vested RSUs. According to InvestingPro data, C3.ai maintains strong liquidity with a current ratio of 6.74 and holds more cash than debt on its balance sheet, indicating solid financial flexibility despite not yet achieving profitability.
In other recent news, C3.ai reported a narrower-than-expected loss for its fiscal fourth quarter, which has caught the attention of investors. The company posted an adjusted loss of $0.16 per share, outperforming analyst estimates of a $0.20 loss. Revenue for the quarter rose by 26% year-over-year to $108.7 million, slightly above the consensus forecast of $108.53 million. Looking ahead to fiscal 2026, C3.ai provided strong revenue guidance, expecting between $447.5 million and $484.5 million, which exceeds Wall Street’s projection of $466 million at the midpoint. The company closed 69 agreements in the fourth quarter, including 36 initial production deployment agreements. Additionally, C3.ai renewed and expanded its strategic partnership with Baker Hughes (NASDAQ:BKR) through June 2028. The company ended the quarter with $742.7 million in cash and marketable securities. These developments reflect growing demand for C3.ai’s AI software applications.
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