272 Capital LP Makes New $243,000 Investment in MultiSensor AI Holdings, Inc. (NASDAQ:MSAI)

272 Capital LP bought a new position in MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 112,500 shares of the company’s stock, valued at approximately $243,000. 272 Capital LP owned about 0.37% of MultiSensor AI as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Geode Capital Management LLC grew its holdings in shares of MultiSensor AI by 149.9% in the third quarter. Geode Capital Management LLC now owns 129,189 shares of the company’s stock valued at $279,000 after purchasing an additional 77,497 shares during the period. Verus Capital Partners LLC purchased a new stake in shares of MultiSensor AI in the 3rd quarter valued at approximately $38,000. E&G Advisors LP acquired a new stake in shares of MultiSensor AI during the 3rd quarter worth approximately $38,000. Sanders Morris Harris LLC raised its position in shares of MultiSensor AI by 1.9% during the 3rd quarter. Sanders Morris Harris LLC now owns 3,375,593 shares of the company’s stock valued at $7,291,000 after buying an additional 62,892 shares during the period. Finally, Connective Capital Management LLC acquired a new position in MultiSensor AI in the second quarter valued at approximately $137,000. Hedge funds and other institutional investors own 82.32% of the company’s stock.

MultiSensor AI Trading Up 2.5 %

Shares of MultiSensor AI stock opened at $1.61 on Friday. The stock has a 50 day moving average of $1.83 and a 200 day moving average of $1.90. MultiSensor AI Holdings, Inc. has a fifty-two week low of $1.50 and a fifty-two week high of $14.00.

MultiSensor AI (NASDAQ:MSAI) last released its quarterly earnings results on Tuesday, November 12th. The company reported ($0.22) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.20). MultiSensor AI had a negative return on equity of 668.81% and a negative net margin of 464.06%. The business had revenue of $1.60 million for the quarter, compared to analysts’ expectations of $4.50 million. Research analysts predict that MultiSensor AI Holdings, Inc. will post -0.83 earnings per share for the current year.

MultiSensor AI Profile

MultiSensor AI Holdings, Inc manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles.