’Reddit is built for this moment’ - Stock soars on crushed earnings
C3.ai, Inc. (NYSE:AI) Senior Vice President of Operations, Merel Witteveen, has recently made notable transactions involving the company’s Class A common stock. According to a filing with the Securities and Exchange Commission, Witteveen sold 337 shares on February 25, 2025, at a price of $26.41 per share, amounting to a total of approximately $8,900. The transaction comes as C3.ai’s stock has experienced significant volatility, with shares down about 23% year-to-date and trading near $26.33.
In addition to the sale, Witteveen also executed a transaction on February 23, 2025, acquiring 1,500 shares through the exercise of restricted stock units (RSUs). These RSUs were converted into shares at no cost, as each RSU represents the right to receive one share of C3.ai’s Class A common stock upon settlement. Following these transactions, Witteveen’s direct ownership stands at 5,883 shares. According to InvestingPro data, C3.ai maintains strong liquidity with a current ratio of 7.52 and holds more cash than debt on its balance sheet.
The sale was conducted under a pre-established Rule 10b5-1 trading plan, which allows company insiders to sell a predetermined number of shares at a set time. This plan was established on September 27, 2024. Based on InvestingPro’s Fair Value analysis, C3.ai appears to be trading near its fair value, with 12 additional insights available to subscribers.
In other recent news, Air Liquide (OTC:AIQUY) reported a solid financial performance for 2024, achieving a 2.6% increase in group sales on a comparable basis and a 7% growth in net profit. The company’s operating margin improved by 110 basis points, reflecting strong operational efficiencies and strategic investments in the electronics and energy transition sectors. Despite challenges in the European market due to industrial restructuring, Air Liquide’s strategic focus has bolstered its competitive position. The company has raised its margin improvement target to 460 basis points over five years, indicating confidence in ongoing structural transformations. Additionally, Air Liquide has announced significant investment decisions, including major projects with ExxonMobil (NYSE:XOM) and Total (EPA:TTEF), which are expected to contribute to future growth. Analysts from Bank of America and JPMorgan have inquired about the company’s margin targets and the impact of regulatory changes on energy projects, to which executives have provided detailed responses. The company remains committed to creating shareholder value through consistent earnings growth and strategic investments.
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