Shares of MultiSensor AI Holdings, Inc. (NASDAQ:MSAI – Get Free Report) traded down 3.9% on Thursday . The company traded as low as $0.90 and last traded at $0.94. 11,648 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 318,858 shares. The stock had previously closed at $0.98.
Analysts Set New Price Targets
Separately, D. Boral Capital reiterated a “buy” rating and issued a $2.50 price target on shares of MultiSensor AI in a research note on Tuesday.
Read Our Latest Research Report on MSAI
MultiSensor AI Stock Performance
Institutional Investors Weigh In On MultiSensor AI
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC boosted its stake in shares of MultiSensor AI by 149.9% during 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 in the last quarter. 272 Capital LP bought a new position in MultiSensor AI in the 3rd quarter valued at approximately $243,000. Cherrydale Wealth Management LLC bought a new position in MultiSensor AI in the 4th quarter valued at approximately $138,000. Finally, Citadel Advisors LLC acquired a new stake in MultiSensor AI during the 4th quarter worth approximately $25,000. Institutional investors own 82.32% of the company’s stock.
About MultiSensor AI
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.
Recommended Stories
- Five stocks we like better than MultiSensor AI
- How to Use the MarketBeat Stock Screener
- Conagra Stock Could Thrive as Tariffs Hit Other Sectors
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey Finds
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy?
Receive News & Ratings for MultiSensor AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MultiSensor AI and related companies with MarketBeat.com's FREE daily email newsletter.
