There Is A Quest For Clarity Surrounding C3.ai Inc (NYSE: AI) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that C3 AI Introduces C3 Generative AI: Standard Edition on Google Cloud Marketplace.

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Stocks Info

This NYSE-listed company operates within the Software – Application industry segment, falling under the Technology sector. The current market capitalization of C3.ai Inc is $3.75B. A total of 11.34 million shares were traded on the day, compared to an average of 9.96M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, AI has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 407 shares. Over the last 12 months, there were 24 BUYs and 39 SELLs from insiders. Insiders purchased 1,611,054 shares during that period but sold 1,110,644.

In the most recent transaction, Parkkinen Juho sold 407 shares of AI for 28.80 per share on Dec 26. After the transaction, the SVP & Chief Financial Officer now owns 295,815 company shares. In a previous transaction on Dec 20, Parkkinen Juho sold 685 shares at 32.16 per share. AI shares that SVP & Chief Financial Officer owns now total 296,222.

Among the insiders who sold shares, ABBO EDWARD Y disposed of 45,548 shares on Dec 18 at a per-share price of $30.73. This resulted in the Chief Technology Officer holding 727,373 shares of AI after the transaction. In another insider transaction, Parkkinen Juho sold 5,513 shares at $30.56 per share on Dec 18. Company shares held by the SVP & Chief Financial Officer now total 296,907.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, AI has a high of $48.87 and a low of $16.79.

As of this writing, AI has an earnings estimate of -$0.29 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of -$0.17 per share and a lower estimate of -$0.31. The company reported an EPS of -$0.13 in the last quarter, which was 27.80% higher than expectations of -$0.18.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. AI’s latest balance sheet shows that the firm has $960.16M in Cash & Short Term Investments as of fiscal 2022. There were $3.61M in debt and $150.17M in liabilities at the time. Its Book Value Per Share was $7.36, while its Total Shareholder’s Equity was $989.48M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 Buy with a score of 3.00.

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