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Wednesday, February 1, 2023

Insights Into C3.ai Inc. (AI) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for C3.ai Inc. (AI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.01, or -0.08%, to $12.04. The C3.ai Inc. has recorded 31,308 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Royal Marines General Sir Gordon Messenger Joins C3 AI Advisory Board.


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Stocks Info

C3.ai Inc. is listed on the NYSE in the Technology sector while operating in the Information Technology Services industry. At the end of the last regular session, the stock closed at $12.05 and fluctuated between $12.07 as its day high and $11.64 as its day low. The current market capitalization of C3.ai Inc. is $1.31B. A total of 2.27 million shares were traded on the day, compared to an average of 1.65M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, AI has seen 2 BUY and 6 SELL insider trades, representing the acquisition of 79,910 and the disposition of 58,119 shares. Over the last 12 months, there were 12 BUYs and 33 SELLs from insiders. Insiders purchased 856,744 shares during that period but sold 473,843.

In the most recent transaction, Parkkinen Juho sold 558 shares of AI for 10.65 per share on Dec 27. After the transaction, the SVP & Chief Financial Officer now owns 351,571 company shares. In a previous transaction on Dec 20, Parkkinen Juho sold 928 shares at 11.84 per share. AI shares that SVP & Chief Financial Officer owns now total 352,129.

Among the insiders who sold shares, Parkkinen Juho disposed of 4,436 shares on Nov 01 at a per-share price of $13.25. This resulted in the SVP & Chief Financial Officer holding 353,057 shares of AI after the transaction. In another insider transaction, Parkkinen Juho sold 291 shares at $12.29 per share on Sep 30. Company shares held by the SVP & Chief Financial Officer now total 357,493.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. AI’s most recent ex-dividend date was 12/30/2019 when it declared a $0.2250 quarterly dividend that was paid in cash on 2/3/2020. Previously, the company paid the dividend on 10/31/2019 with an ex-dividend date of 9/27/2019. The AI stock dividend was $0.2250 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for AI in the last 3 months, the mean price target is $13.63 with high estimates of $19.00 and low estimates of $11.00. In terms of 52-week highs and lows, AI has a high of $31.48 and a low of $10.16.

As of this writing, AI has an earnings estimate of -$0.16 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of -$0.14 per share and a lower estimate of -$0.17. The company reported an EPS of -$0.21 in the last quarter, which was 27.60% higher than expectations of -$0.29.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 11 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AI is Hold with a score of 2.80. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 7 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 2 thought it should be Sold.

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