• Director Richard C. Levin sells 6,000 shares of C3.ai, reducing his stake to 161,664 shares.
• Shares of C3.ai have risen by 18.3% in the past month, outperforming both the S&P 500 and the broader IT Services sector.
• The company boasts a market cap of approximately $3.23 billion and reached a trading volume of 9,096,333 shares today.

C3.ai, traded on the NYSE under the symbol AI, specializes in offering innovative AI software solutions designed to enhance business operations. Recently, Director Richard C. Levin divested 6,000 shares of Class A Common Stock at $26.31 each, documented in Form 4, leaving him holding 161,664 shares.

Over the past month, C3.ai’s shares rose by 18.3%, outperforming the Zacks S&P 500 composite’s increase of 6.1% and the Zacks Computers – IT Services industry’s growth of 5.1%. Today, the stock price stands at $24.97, indicating a 6.09% decline, or a drop of $1.62.

During trading today, prices navigated between $24.86 and $26.43. In the past year, C3.ai’s stock has displayed notable volatility, registering a high of $45.08 and a low of $17.03. The company currently holds a market cap of about $3.23 billion, while today’s trading volume reached 9,096,333 shares.

While media reports can instantaneously sway short-term prices, long-term investment decisions should center on fundamental performance factors. At Zacks, alterations in earnings projections for a company are critical for predicting future price movements. This focus on earnings estimates equips investors with the insights necessary to navigate C3.ai’s stock prospects effectively.