- Director Richard C. Levin sells 6,000 shares of C3.ai, leaving him with 161,664 shares.
- Shares of C3.ai have risen by 18.3% over the past month, outperforming the S&P 500 and the IT Services industry.
- The company’s market capitalization stands at approximately $3.23 billion, with a significant trading volume of 9,096,333 shares.
C3.ai, listed on the NYSE under the symbol AI, is a prominent player in the artificial intelligence sector. The company specializes in providing AI software solutions that help businesses enhance their operations. Recently, Richard C. Levin, a director at C3.ai, sold 6,000 shares of Class A Common Stock at $26.31 each. This transaction, reported under Form 4, leaves Levin with 161,664 shares.
C3.ai has been gaining attention on Zacks.com, with its shares rising by 18.3% over the past month. This increase surpasses the Zacks S&P 500 composite’s growth of 6.1% and the Zacks Computers – IT Services industry’s gain of 5.1%. Despite this positive trend, the stock’s price today is $24.97, reflecting a 6.09% decrease, or $1.62 drop.
The stock’s trading range today has been between $24.86 and $26.43. Over the past year, C3.ai’s stock has fluctuated significantly, with a high of $45.08 and a low of $17.03. The company’s market capitalization is approximately $3.23 billion, and the trading volume today is 9,096,333 shares.
While media releases or rumors can cause short-term price changes, long-term investment decisions are guided by fundamental factors. At Zacks, changes in earnings estimates are crucial for understanding a company’s future performance. This focus on earnings projections helps investors make informed decisions about C3.ai’s stock trajectory.