From MarketBeat:



C3.ai CFO Juho Parkkinen sold over 400 shares of stock, totaling over $11,000. Following this sale, he currently has 295,815 shares directly, valued at $8,519,472. These transactions were disclosed in a legal filing with the SEC. The stock then traded at $29.47, outperforming the analyst’s expectations, and a HC Wainwright analyst set a $118 price objective. C3.ai, Inc. last announced earnings, with the company reporting losses but exceeding the consensus estimate by $0.05.

Various research analysts have different opinions on AI stock, and the consensus rating is “Hold” with a price target of $28.33. Several institutional investors have recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. is one investor that has seen a large percentage increase in its stake in C3.ai. C3.ai operates as an enterprise artificial intelligence (AI) software company, providing customers with enterprise AI applications, analysis-ready data, industry-specific customer relationship management solutions, and AI product suites.

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Read more: Juho Parkkinen Sells 407 Shares of C3.ai, Inc. (NYSE:AI) Stock