Deutsche Bank AG Decreases Holdings in C3.ai, Inc. (NYSE:AI)

Deutsche Bank AG is a multinational investment bank and financial services company headquartered in Frankfurt, Germany. The company operates globally and provides a range of financial products and services to individuals, corporations, and governments.

C3.ai, Inc. is an AI software company based in Palo Alto, California. The company develops and sells AI-powered software solutions for various industries, including finance, healthcare, and transportation. C3.ai's stock is listed on the New York Stock Exchange under the ticker symbol NYSEAI.

In its most recent 13F filing with the Securities and Exchange Commission (SEC), Deutsche Bank AG disclosed that it had decreased its holdings in C3.ai, Inc. by 4.0% in the third quarter of 2021. The institutional investor owned 31,657 shares of the company's stock after selling 1,329 shares during the period.

According to the filing, Deutsche Bank AG's holdings in C3.ai were worth $808,000 as of September 30, 2021. This represents a decrease from the company's previous holding value of $847,000 reported in its second-quarter 13F filing.

It is important to note that the information provided in the 13F filing is based on the institutional investor's holdings as of the reporting date and may not reflect any subsequent changes in their investment position. Additionally, the sale of shares by Deutsche Bank AG does not necessarily indicate a negative outlook on C3.ai or its stock performance.