Insider Selling: Matterport, Inc. (NASDAQ:MTTR) CAO Sells 2,690 Shares of Stock

Matterport, Inc. (NASDAQ:MTTR - Get Free Report) CAO Peter Presunka sold 2,690 shares of Matterport stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $4.23, for a total value of $11,378.70. Following the transaction, the chief accounting officer now owns 109,831 shares of the company's stock, valued at approximately $464,585.13. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Peter Presunka also recently made the following trade(s):

  • On Tuesday, September 3rd, Peter Presunka sold 4,897 shares of Matterport stock. The stock was sold at an average price of $4.41, for a total value of $21,595.77.

Matterport Trading Down 0.5 %

Shares of NASDAQ:MTTR opened at $4.18 on Friday. Matterport, Inc. has a 12-month low of $1.73 and a 12-month high of $4.99. The business has a 50 day moving average of $4.32 and a two-hundred day moving average of $3.62. The company has a market capitalization of $1.31 billion, a PE ratio of -6.97 and a beta of 1.08.

Matterport (NASDAQ:MTTR - Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.02). Matterport had a negative net margin of 164.17% and a negative return on equity of 32.22%. The firm had revenue of $42.20 million for the quarter, compared to the consensus estimate of $44.38 million. During the same period in the prior year, the firm posted ($0.19) earnings per share. The firm's quarterly revenue was up 6.6% compared to the same quarter last year. Equities research analysts predict that Matterport, Inc. will post -0.44 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Matterport


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Large investors have recently bought and sold shares of the business. Victory Capital Management Inc. increased its position in shares of Matterport by 23.4% in the fourth quarter. Victory Capital Management Inc. now owns 33,901 shares of the company's stock valued at $91,000 after buying an additional 6,425 shares in the last quarter. Private Advisor Group LLC purchased a new stake in Matterport in the 4th quarter worth $31,000. Apollon Wealth Management LLC acquired a new position in Matterport during the fourth quarter worth $28,000. Wealthspire Advisors LLC lifted its holdings in Matterport by 52.9% during the fourth quarter. Wealthspire Advisors LLC now owns 180,030 shares of the company's stock valued at $484,000 after purchasing an additional 62,311 shares in the last quarter. Finally, Ieq Capital LLC acquired a new stake in shares of Matterport in the fourth quarter valued at about $271,000. Institutional investors and hedge funds own 36.96% of the company's stock.

About Matterport

(Get Free Report)

Matterport, Inc, a spatial data company, focuses on digitization and datafication in the United States and internationally. The company offers Matterport Capture Services, a fully managed solution for enterprise subscribers; Matterport Pro3, a 3D camera that scans properties; Matterport Pro2, a 3D camera that captures spaces; LEICA BLK360, a device to create digital twins; Smartphone Capture, a smartphone capture solution for both iOS and Android; and 360 Cameras.

Further Reading

Insider Buying and Selling by Quarter for Matterport (NASDAQ:MTTR)

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