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

272 Capital LP acquired a new stake in MultiSensor AI Holdings, Inc. (NASDAQ:MSAI) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 112,500 shares of the company’s stock, valued at approximately $243,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Verus Capital Partners LLC acquired a new position in MultiSensor AI in the 3rd quarter valued at about $38,000. E&G Advisors LP purchased a new position in MultiSensor AI in the third quarter valued at $38,000. Sanders Morris Harris LLC boosted its holdings in MultiSensor AI by 1.9% in the third quarter. Sanders Morris Harris LLC now owns 3,375,593 shares of the company’s stock valued at $7,291,000 after purchasing an additional 62,892 shares during the period. Geode Capital Management LLC grew its stake in MultiSensor AI by 149.9% during the 3rd quarter. Geode Capital Management LLC now owns 129,189 shares of the company’s stock worth $279,000 after purchasing an additional 77,497 shares in the last quarter. Finally, Connective Capital Management LLC purchased a new position in shares of MultiSensor AI in the 2nd quarter valued at about $137,000. Hedge funds and other institutional investors own 82.32% of the company’s stock.

MultiSensor AI Stock Performance

MSAI stock opened at $1.61 on Friday. The company’s 50 day moving average price is $1.83 and its 200 day moving average price is $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 announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.20). The firm had revenue of $1.60 million during the quarter, compared to analysts’ expectations of $4.50 million. MultiSensor AI had a negative net margin of 464.06% and a negative return on equity of 668.81%. Equities analysts anticipate that MultiSensor AI Holdings, Inc. will post -0.83 earnings per share for the current fiscal year.

MultiSensor AI Company 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.