<div id="readability-page-1"><p>C3.ai, Inc. (NYSE:AI - Get Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $14.77 and last traded at $15.16, with a volume of 7356908 shares. The stock had previously closed at $22.13.</p><h2>Analysts Set New Price Targets</h2><ul><li>AAR Corp Jets Higher on Robust Demand for Aircraft Components</li></ul><p>A number of analysts have weighed in on the stock. UBS Group reduced their price target on shares of C3.ai from $28.00 to $27.00 and set a &#34;neutral&#34; rating for the company in a report on Thursday, June 26th. JPMorgan Chase &amp; Co. dropped their target price on shares of C3.ai from $27.00 to $23.00 and set an &#34;underweight&#34; rating for the company in a research report on Thursday, May 29th. Canaccord Genuity Group lowered their price objective on shares of C3.ai from $30.00 to $28.00 and set a &#34;hold&#34; rating for the company in a research report on Thursday, May 29th. Westpark Capital raised shares of C3.ai to a &#34;strong-buy&#34; rating and set a $40.00 target price on the stock in a research note on Wednesday, July 9th. Finally, KeyCorp  reaffirmed a &#34;mixed&#34; rating on shares of C3.ai in a research note on Thursday, May 29th. Five equities research analysts have rated the stock with a sell rating, six have issued  a hold rating, four have issued  a buy rating and one  has assigned  a strong buy rating to the stock. According to data from MarketBeat, C3.ai presently has a consensus rating of &#34;Hold&#34; and an average target price of $29.43.</p><p><b>Check Out Our Latest Stock Report on C3.ai</b></p><h2>C3.ai Stock Down 23.4%</h2><ul><li>C3.ai Stock Surges on Strong Sales Despite Profit Concerns</li></ul><p>The stock has a market cap of $2.28 billion, a PE ratio of -7.59 and a beta of 1.98. The stock has a 50-day moving average of $25.26 and a 200 day moving average of $24.72. </p><p>C3.ai (NYSE:AI - Get Free Report) last posted its earnings results on Wednesday, May 28th. The company reported ($0.16) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.04. The business had revenue of $108.72 million during the quarter, compared to the consensus estimate of $107.85 million. C3.ai had a negative return on equity of 33.51% and a negative net margin of 74.21%. The business's quarterly revenue was up 25.5% on a year-over-year basis. During the same period in the previous year, the business earned ($0.11) EPS.  Research analysts forecast that  C3.ai, Inc. will post -2.44 EPS for the current fiscal year. </p><h2>Insider Transactions at C3.ai</h2><ul><li>C3.ai Advances AI Leadership, Boosting Stock Performance</li></ul><p>In other C3.ai news, Director John E. Hyten sold 10,000 shares of C3.ai stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $23.75, for a total value of $237,500.00. Following the transaction, the director owned 63,942 shares in the company, valued at approximately $1,518,622.50. The trade was a 13.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Hitesh Lath sold 17,689 shares of the business's stock in a transaction on Friday, June 27th. The stock was sold at an average price of $24.96, for a total transaction of $441,517.44. Following the transaction, the chief financial officer directly owned 166,218 shares of the company's stock, valued at approximately $4,148,801.28. This represents a 9.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,298,892 shares of company stock valued at $58,428,808 over the last ninety days. Insiders own  33.54% of the company's stock. </p><h2>Institutional Trading of C3.ai</h2><p>A number of large investors have recently added to or reduced their stakes in AI. Two Sigma Investments LP acquired a new stake in  C3.ai in the 4th quarter worth about $42,306,000.  Man Group plc bought a new stake in shares of  C3.ai during the 4th quarter valued at approximately $38,455,000.  Two Sigma Advisers LP bought a new stake in  C3.ai during the 4th quarter worth approximately $30,725,000.  Renaissance Technologies LLC grew its holdings in  C3.ai by 1,242.5% during the 4th quarter. Renaissance Technologies LLC now owns 718,231 shares of the company's stock worth $24,729,000 after acquiring an additional 664,731 shares during the last quarter.  Finally, Vident Advisory LLC lifted its position in shares of  C3.ai by 3,935.9% in the 1st quarter. Vident Advisory LLC now owns 568,492 shares of the company's stock worth $11,967,000 after purchasing an additional 554,406 shares during the period. Institutional investors and hedge funds own  38.96% of the company's stock. </p><h2>About C3.ai</h2> (Get Free Report)<p>C3.ai, Inc operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides C3 AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 Generative AI Product Suite that enables to locate, retrieve, and present information.</p><h2>See Also</h2><ul><li>Five stocks we like better than C3.ai</li><li>What is a Dividend King? </li><li>An Atomic Sized Surge Is Brewing for NuScale Power Stock Price</li><li>How to Profit From Value Investing </li><li>Why Trade Desk Crashed 40% Despite a Q2 Sales Beat</li><li>3 Healthcare Dividend Stocks to Buy</li><li>3 Big Dividend Plays With Strong Earnings to Back Them</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in C3.ai Right Now?</h2><p>Before you consider C3.ai, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and C3.ai wasn't on the list.</p><p>While C3.ai currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>C3.ai (NYSE:AI) reached a new 52-week low of $14.77, closing at $15.16 with a trading volume of 7,356,908 shares. Analysts have adjusted their price targets, with UBS lowering it to $27.00 and JPMorgan to $23.00. The stock has a market cap of $2.28 billion and a PE ratio of -7.59. C3.ai reported a quarterly revenue of $108.72 million, beating estimates, but has a negative return on equity of 33.51%. Insider trading shows significant sales, with insiders owning 33.54% of the stock.</p>

- C3.ai, Inc. reached a new 52-week low of $14.77, closing at $15.16 with significant trading volume.  
- Analysts have adjusted their price targets, with UBS lowering it to $27.00 and JPMorgan to $23.00, while Westpark Capital set a target of $40.00.  
- The company reported a quarterly revenue of $108.72 million, beating estimates, but has a negative return on equity of 33.51% and a consensus rating of "Hold."  

C3.ai (NYSE:AI) Sets New 52-Week Low - What's Next?