SG Americas Doubles C3.ai Stake Amid Struggles

SG Americas Securities LLC increased its C3.ai position by 115% in Q4, acquiring 205,640 shares valued at approximately $5.18 million. Several other institutional investors also adjusted their holdings, with hedge funds collectively owning 38.96% of the company. Despite the institutional interest, C3.ai faces headwinds: Q4 revenue fell 46% year-over-year to $53.26M, missing estimates, and analysts hold a consensus "Reduce" rating with a $15.87 price target. Insider activity was mixed, with Chairman Thomas Siebel selling over 219,000 shares while Director Jim Snabe purchased 25,000.