MultiSensor AI Holdings, Inc. (NASDAQ:MSAI – Get Free Report)’s share price fell 5.1% during mid-day trading on Thursday . The company traded as low as $4.76 and last traded at $4.79. 35,250 shares traded hands during trading, an increase of 42% from the average session volume of 24,774 shares. The stock had previously closed at $5.05.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of MultiSensor AI in a research report on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $120.00.
View Our Latest Research Report on MSAI
MultiSensor AI Stock Up 1.7%
MultiSensor AI (NASDAQ:MSAI – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported ($1.19) earnings per share for the quarter, topping the consensus estimate of ($1.20) by $0.01. The business had revenue of $1.70 million during the quarter, compared to analysts’ expectations of $2.10 million. MultiSensor AI had a negative return on equity of 36.08% and a negative net margin of 141.70%. Equities analysts expect that MultiSensor AI Holdings, Inc. will post -4.67 EPS for the current fiscal year.
Institutional Investors Weigh In On MultiSensor AI
Hedge funds have recently modified their holdings of the business. Susquehanna International Group LLP bought a new position in MultiSensor AI during the third quarter worth $38,000. Jane Street Group LLC bought a new stake in MultiSensor AI in the 4th quarter valued at $58,000. Ghisallo Capital Management LLC bought a new stake in MultiSensor AI in the 4th quarter valued at $72,000. Geode Capital Management LLC grew its position in MultiSensor AI by 44.6% in the 4th quarter. Geode Capital Management LLC now owns 403,492 shares of the company’s stock worth $116,000 after purchasing an additional 124,413 shares during the last quarter. Finally, Hudson Bay Capital Management LP bought a new position in shares of MultiSensor AI during the 4th quarter worth about $352,000. 82.32% of the stock is owned by institutional investors.
MultiSensor AI Company Profile
MultiSensor AI, Inc (NASDAQ: MSAI) is a United States–based technology company that develops advanced biometric and sensor fusion solutions. The company leverages artificial intelligence to integrate multiple sensing modalities, delivering enhanced authentication and security capabilities for applications where reliable identity verification is essential.
Its product portfolio includes modular fingerprint and multi-sensor platforms paired with proprietary AI-driven algorithms designed to provide secure, accurate user authentication.
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