C3.ai (AI, Financial) has reported a significant stock transaction involving its Chief Executive Officer, Thomas Siebel. According to a recent regulatory filing, Siebel offloaded approximately 626,300 shares of the company's common stock. This transaction took place on April 14th and was executed through an option exercise.
The total value of the shares sold by Siebel amounts to approximately $12.6 million. This substantial sale is part of a planned strategy and reflects on the CEO's engagement in managing his stock options within the company.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for C3.ai Inc (AI, Financial) is $30.43 with a high estimate of $56.00 and a low estimate of $15.00. The average target implies an upside of 57.25% from the current price of $19.35. More detailed estimate data can be found on the C3.ai Inc (AI) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, C3.ai Inc's (AI, Financial) average brokerage recommendation is currently 3.1, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for C3.ai Inc (AI, Financial) in one year is $35.67, suggesting a upside of 84.34% from the current price of $19.35. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the C3.ai Inc (AI) Summary page.
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
- Double Buys: Companies that both Gurus and Insiders are buying
- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.
