C3.ai CFO Hitesh Lath Sells Over 34,000 Shares

C3.ai's Chief Financial Officer, Hitesh Lath, sold 34,210 shares of the company on June 16, 2026. The shares were sold at an average price of $10.95, amounting to a total transaction value of $374,599.50. This transaction was not part of a pre-planned trading program.

Insider Buying and Selling at C3.ai, Inc.

On June 16, 2026, Hitesh Lath, the CFO of C3.ai, sold 34,210 shares at $10.95 each. The day before, on June 15, he bought and sold 29,008 shares without a set price, and CEO Thomas Siebel also transacted 472,005 shares.

Other Institutional Activity in C3.ai

BlackRock, Inc. increased its holdings in C3.ai by 809,891 shares, now holding 12,206,443 shares valued at approximately $102.8 million. Vanguard Portfolio Management LLC added 8,544,184 shares, totaling 8,544,184 shares worth about $71.9 million. Morgan Stanley also increased its stake by 901,197 shares, ending with 5,725,696 shares valued at $48.2 million.

C3.ai Stock Snapshot

Shares of C3.ai, Inc. (NYSE:AI) traded near $10.98. The company has a market cap of $1.59 billion and a forward P/E of -24.25, indicating it's not profitable. The stock's 52-week low is $7.68, and the high is $30.11. The 50-day moving average is $9.56, while the 200-day moving average is $12.76. C3.ai's beta is 2.03, suggesting higher volatility compared to the market.

Recent Earnings

C3.ai reported revenue of $250.3 million, though it experienced a revenue decline of 52.5%. The company has a negative net margin of 187.95% and a return on equity of -63.05%. The next earnings report is expected on September 9, 2026.

Analysts Set New Price Targets

On June 4, 2026, Canaccord Genuity maintained a 'hold' rating with a $10.00 price target for C3.ai. Morgan Stanley also maintained a 'sell' rating with a $7.00 target. UBS kept its 'hold' rating with a $12.00 target. Overall, the stock has a consensus 'hold' recommendation with an average target price of $8.82 from 11 analysts.

About C3.ai, Inc.

C3.ai, Inc. is a technology company based in Redwood City, California, specializing in AI software solutions for enterprises. The company offers a wide range of AI applications, including platforms for customer relationship management, healthcare, financial services, and supply chain optimization. Led by CEO Thomas M. Siebel, C3.ai partners with major firms like Microsoft Azure and Google Cloud to enhance its AI capabilities.

Bottom Line

Hitesh Lath's recent sale of over 34,000 shares adds to the ongoing insider activity at C3.ai. Investors keep a close eye on such transactions for potential insights into company performance. It's important to remember that these insider sales are reported after the fact and may not indicate future actions.