U.S. Capital Wealth Advisors LLC Increases Holdings in MultiSensor AI Holdings, Inc. $MSAI

U.S. Capital Wealth Advisors LLC grew its holdings in shares of MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) by 130.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 86,573 shares of the company’s stock after purchasing an additional 49,014 shares during the quarter. U.S. Capital Wealth Advisors LLC owned approximately 0.26% of MultiSensor AI worth $52,000 at the end of the most recent reporting period.

Separately, SBI Securities Co. Ltd. increased its position in shares of MultiSensor AI by 310,500.0% during the 1st quarter. SBI Securities Co. Ltd. now owns 31,060 shares of the company’s stock valued at $29,000 after purchasing an additional 31,050 shares during the last quarter. Hedge funds and other institutional investors own 82.32% of the company’s stock.

MultiSensor AI Trading Down 0.5%

MSAI stock opened at $0.67 on Friday. MultiSensor AI Holdings, Inc. has a fifty-two week low of $0.52 and a fifty-two week high of $3.33. The stock has a fifty day moving average of $0.74 and a 200-day moving average of $0.80.

MultiSensor AI (NASDAQ:MSAI) last posted its quarterly earnings results on Wednesday, August 13th. The company reported ($0.10) earnings per share for the quarter, hitting the consensus estimate of ($0.10). The company had revenue of $1.42 million during the quarter, compared to the consensus estimate of $2.10 million. MultiSensor AI had a negative return on equity of 126.32% and a negative net margin of 338.72%. Analysts anticipate that MultiSensor AI Holdings, Inc. will post -0.83 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, D. Boral Capital reaffirmed a “buy” rating and set a $2.50 target price on shares of MultiSensor AI in a research report on Friday, July 25th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $2.50.

Insiders Place Their Bets

In other MultiSensor AI news, major shareholder Gary Eugene Strahan sold 89,265 shares of MultiSensor AI stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $0.75, for a total transaction of $66,948.75. Following the completion of the transaction, the insider owned 5,724,351 shares of the company’s stock, valued at $4,293,263.25. The trade was a 1.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders sold 194,331 shares of company stock worth $144,896. 11.40% of the stock is owned by insiders.

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.