MultiSensor AI Holdings (MSAI) ten percent owner sells $17977 in stock

Published 09/07/2025, 20:50
MultiSensor AI Holdings (MSAI) ten percent owner sells $17977 in stock

Gary Eugene Strahan, a ten percent owner of MultiSensor AI Holdings, Inc. (NASDAQ:MSAI), a small-cap technology company currently valued at $22 million, sold 26969 shares of common stock on July 7, 2025, according to a Form 4 filing with the Securities and Exchange Commission. InvestingPro analysis indicates the stock is currently undervalued, despite falling over 62% in the past year. The shares were sold at a weighted average price of $0.6666, resulting in a total transaction value of $17977. Prices for the sales ranged from $0.6566 to $0.7000.

Following the transaction, Strahan directly owns 5848938 shares of MultiSensor AI Holdings, Inc. common stock. Strahan also indirectly owns 305079 shares through the Jill A. Blashek Revocable Trust, of which his wife is the trustee.

In other recent news, MultiSensor AI Holdings, Inc. announced the release of MSAI Connect 2.0, an upgraded asset health monitoring platform featuring enhanced AI capabilities. This update includes improvements such as camera disturbance detection and automated work order generation, aiming to streamline operations and reduce downtime. Additionally, MultiSensor AI held its 2025 Annual Meeting of Stockholders, where key proposals, including director elections and the ratification of Deloitte & Touche LLP as the independent auditor, were approved. The company also appointed a new CEO, Mr. Akram, who brings extensive experience in SaaS and industrial IoT, to guide the company through its strategic growth objectives. Under his leadership, MultiSensor AI aims to expand its market presence in intelligent sensing solutions. Furthermore, MultiSensor AI launched the "CBM Superstore," an e-commerce platform offering a variety of industrial sensors and software, marking a significant step in making its products more accessible. This platform supports the company’s strategic move towards software-based solutions, integrating data from multiple sensors to enhance asset protection. These developments highlight MultiSensor AI’s ongoing efforts to innovate and expand its offerings in the industry.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.