C3.ai CFO Hitesh Lath sells $247,399 in company stock
On October 12, 2026, Hitesh Lath, the CFO of C3.ai Inc. (NASDAQ: AI), sold 20,000 shares of the company's Class A Common Stock, totaling $247,399. This sale was executed via a pre-established Rule 10b5-1 trading plan. As of the sale, C3.ai's stock was trading at $11.67, lower than Lath's sale price of $12.37 per share. The company's market cap stands at $1.93 billion.
Following the transaction, Lath personally owns 305,250 shares of C3.ai Class A Common Stock, with an additional 45,786 shares held indirectly through The Lath Family Revocable Trust, of which he serves as trustee. Despite C3.ai's recent performance, with a 23% gain over the past six months, the stock remains unprofitable, with an EPS of -$3.07. InvestingPro's Fair Value analysis suggests the stock is overvalued at present levels.
Investors interested in more detailed insights can review C3.ai's Pro Research Report, one among 1,400+ reports on the InvestingPro platform, as well as 10 ProTips for the stock. Recently, UBS maintained a Neutral rating for C3.ai, noting federal bookings of around $39 million in the first quarter of fiscal 2027, up from $16 million in the same period of fiscal 2026. UBS expects the conversion of these bookings to revenue to help return to positive growth in the third quarter of fiscal 2027.
Northland upgraded C3.ai to Outperform from Market Perform, citing the company's new C3 Code platform, which is expected to expedite AI application development, improve customer onboarding, and drive expansion. Yorkville Ives began covering C3.ai with an In Line rating, acknowledging that the company's prior execution challenges are largely behind it. However, they note that while the stabilization is evident, there is no clear evidence of durable growth yet.
JMP Securities upheld a Market Perform rating for C3.ai following a visit to the company's headquarters, where they held discussions with key executives. These recent developments paint a picture of cautious optimism and strategic advancements for C3.ai.
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