Traders Purchase Large Volume of Call Options on C3.ai (NYSE:AI)
Market Beat·
- C3.ai saw unusual trading activity as investors acquired 196,362 call options, representing a 380% increase over typical daily volumes.
- The company previously reported quarterly earnings of ($0.20) per share on revenue of $52.38 million, while corporate insiders sold 1,117,809 shares worth $11,724,230 over the last 90 days.
- Institutional investors and hedge funds recently adjusted their positions in the stock, which currently holds an average analyst rating of Reduce and a price target of $8.70.
