Insiders Sold MultiSensor AI Holdings At US$0.69, Meanwhile Stock Sits Near US$0.53

MultiSensor AI Holdings, Inc.'s (NASDAQ:MSAI) stock price has dropped 17% in the previous week, but insiders who sold US$232k in stock over the past year have had less luck. Insiders might have been better off holding onto their shares, given that the average selling price of US$0.69 is still below the current share price.

Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.

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MultiSensor AI Holdings Insider Transactions Over The Last Year

The insider, Gary Strahan, made the biggest insider sale in the last 12 months. That single transaction was for US$94k worth of shares at a price of US$0.81 each. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$0.53). So it may not tell us anything about how insiders feel about the current share price. Gary Strahan was the only individual insider to sell over the last year.

Gary Strahan divested 334.36k shares over the last 12 months at an average price of US$0.69. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

View our latest analysis for MultiSensor AI Holdings

I will like MultiSensor AI Holdings better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

MultiSensor AI Holdings Insiders Are Selling The Stock

The last three months saw significant insider selling at MultiSensor AI Holdings. In total, insider Gary Strahan dumped US$127k worth of shares in that time, and we didn't record any purchases whatsoever. Overall this makes us a bit cautious, but it's not the be all and end all.

Does MultiSensor AI Holdings Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. It appears that MultiSensor AI Holdings insiders own 28% of the company, worth about US$5.2m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment.

So What Do The MultiSensor AI Holdings Insider Transactions Indicate?

An insider sold MultiSensor AI Holdings shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. While insiders do own shares, they don't own a heap, and they have been selling. We'd practice some caution before buying! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing MultiSensor AI Holdings. Be aware that MultiSensor AI Holdings is showing 6 warning signs in our investment analysis, and 2 of those are significant...

Of course MultiSensor AI Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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