Buffett Dumps $982 Million in BofA Stock—What Does He Know?

Buffett's been eerily quiet about his reasons, but his actions speak volumes. When someone with his track record starts pulling out of the market, it's time to pay attention.

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Hitesh Lath Biography and Net Worth

SVP & CFO of C3.ai

Prior to his appointment as Chief Financial Officer, Mr. Hitesh Lath served as the C3 AI’s Vice President and Chief Accounting Officer from December 2023 to February 2024.

Before joining C3 AI, Mr. Lath spent over 22 years with EY and was most recently a partner in their San Jose, CA office. At EY, he served several technology clients ranging from Fortune 100 companies to Silicon Valley startups.

Mr. Lath holds a Bachelor of Commerce degree from Shri Ram College of Commerce, Delhi University and Master of Business Administration from The Wharton School of the University of Pennsylvania. He is a Certified Public Accountant in the State of California.

What is Hitesh Lath's net worth?: The estimated net worth of Hitesh Lath is at least $276,570.75 as of June 27th, 2024. Mr. Lath owns 7,390 shares of C3.ai stock worth more than $276,571 as of November 23rd. This net worth approximation does not reflect any other assets that Mr. Lath may own. Learn More about Hitesh Lath's net worth.
How do I contact Hitesh Lath?: The corporate mailing address for Mr. Lath and other C3.ai executives is 6862 ELM STREET SUITE 320, MCLEAN VA, 22101. C3.ai can also be reached via phone at 650-503-2200 and via email at [email protected]. Learn More on Hitesh Lath's contact information.
Has Hitesh Lath been buying or selling shares of C3.ai?: Hitesh Lath has not been actively trading shares of C3.ai during the past quarter. Most recently, Hitesh Lath sold 3,005 shares of the business's stock in a transaction on Thursday, June 27th. The shares were sold at an average price of $27.56, for a transaction totalling $82,817.80. Following the completion of the sale, the chief financial officer now directly owns 7,390 shares of the company's stock, valued at $203,668.40. Learn More on Hitesh Lath's trading history.
Who are C3.ai's active insiders?: C3.ai's insider roster includes Edward Abbo (CTO), David Barter (CFO), Houman Behzadi (Insider), Bruce Cleveland (CMO), Patricia House (Director), Hitesh Lath (SVP & CFO), Richard Levin (Director), Brady Mickelsen (VP), Juho Parkkinen (CFO), Condoleezza Rice (Director), S. Sastry (Director), Thomas Siebel (CEO), Guy Wanger (SVP), Stephen Ward, Jr (Director), and Stephen Ward, Jr. (Director). Learn More on C3.ai's active insiders.
Are insiders buying or selling shares of C3.ai?: In the last twelve months, insiders at the sold shares 6 times. They sold a total of 64,936 shares worth more than $1,959,009.22. The most recent insider tranaction occured on June, 27th when CFO Hitesh Lath sold 3,005 shares worth more than $82,817.80. Insiders at C3.ai own 33.5% of the company. Learn More about insider trades at C3.ai.
Information on this page was last updated on 6/27/2024.

Hitesh Lath Insider Trading History at C3.ai

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
6/27/2024	Sell	3,005	$27.56	$82,817.80	7,390

Hitesh Lath Buying and Selling Activity at C3.ai

C3.ai Company Overview

C3.ai, Inc. operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company provides C3 AI platform, an application development and runtime environment that enables customers to design, develop, and deploy enterprise AI applications; C3 AI Ex Machina for analysis-ready data; C3 AI CRM, an industry specific customer relationship management solution; and C3 Generative AI Product Suite that enables to locate, retrieve, and present information. It also offers C3 AI applications, including C3 AI Inventory Optimization, a solution to optimize raw material, in-process, and finished goods inventory levels; C3 AI Supply Network Risk, which identifies emerging inbound and outbound risks across the network; C3 AI Sustainability Suite, which helps to decrease greenhouse gas emission; C3 AI Production Schedule Optimization, a solution for scheduling production; C3 AI Financial Services Suite, which helps to minimize compliance risks; and C3 AI Energy Management solution. In addition, it offers integrated turnkey enterprise AI applications for oil and gas, chemicals, utilities, manufacturing, financial services, defense, intelligence, aerospace, healthcare, and telecommunications market. It has strategic partnerships with Baker Hughes in the areas of oil and gas market; Booz Allen to provide solutions to government, defense, and intelligence sectors; Raytheon; and AWS, Google, and Microsoft. The company was formerly known as C3 IoT, Inc. and changed its name to C3.ai, Inc. in June 2019. C3.ai, Inc. was incorporated in 2009 and is headquartered in Redwood City, California.

Today's Range

Now: $37.43

$33.80

$37.46

50 Day Range

MA: $25.72

$22.61

$34.94

2 Week Range

Now: $37.43

$18.85

$38.30

Volume

10,027,844 shs

Average Volume

5,495,326 shs

Market Capitalization

$4.75 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.8