C3.ai CEO sells $429K in stock as revenue plunges 46%
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- C3.ai stock is down 35.9% year to date as of the April 2, 2026 close, finishing at $8.64 and ranking among the worst-performing agentic AI stocks of 2026
- CEO Stephen Bradley Ehikian sold 52,194 shares of Class A common stock on March 31 at weighted-average prices ranging from $7.97 to $8.41, generating roughly $429,100 in proceeds per a Form 4 filing with the U.S. Securities and Exchange Commission
- Ehikian's direct holdings were reduced to 721,485 shares following the March 31 transaction
- C3.ai's fiscal third quarter (ended January 31, 2026) revenue came in at $53.3 million, down 46.1% year over year, while the company continued to post a net loss
- Management pointed to federal demand and deal activity as offsets, even as the 46.1% top-line decline kept pressure on sentiment
- C3.ai provides enterprise AI software used for predictive maintenance, fraud detection, supply chain optimization, and government operations
Why it matters: The CEO's roughly $429,000 insider sale lands on top of a 46.1% year-over-year revenue decline and a 35.9% YTD stock drop, compounding insider-selling optics onto an already deteriorating setup. With the company still posting a net loss, the timing puts more weight on management's claim that federal demand and deal activity will stabilize the top line — a thesis that has yet to show up in the fiscal Q3 numbers.
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