By Petr Huřťák
Publication Date: 2026-04-17 03:38:00
Shares of enterprise AI software company C3.ai (NYSE:AI) fell 1.8% in the afternoon session after its chief executive Thomas M. Siebel sold more than $4.1 million worth of company stock, adding to investor concerns about weak financial performance.
The sale took place on April 13th and 14th. The move followed a period of poor performance for the company, which reported a 46% decline in revenue to $53.3 million for the fiscal third quarter, missing its own forecasts.
Additionally, C3.ai lowered its fiscal 2026 revenue forecast by approximately $51 million, implying a worrying negative growth rate of 36%. Analysts pointed out that poor sales execution was a key problem. The company also reported negative free cash flow of $56.2 million and forecast a 54% year-over-year decline in fourth-quarter revenue, adding to concerns about its financial stability.
The stock market overreacts to news and large drops can provide good opportunities to buy high quality…
