Kapitalo Investimentos Ltda Sells 244,496 Shares of Matterport, Inc. (NASDAQ:MTTR)

Kapitalo Investimentos Ltda decreased its holdings in Matterport, Inc. (NASDAQ:MTTR) by 72.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 92,577 shares of the company’s stock after selling 244,496 shares during the quarter. Kapitalo Investimentos Ltda’s holdings in Matterport were worth $417,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Choreo LLC grew its holdings in shares of Matterport by 101.9% during the 1st quarter. Choreo LLC now owns 24,833 shares of the company’s stock worth $56,000 after purchasing an additional 12,535 shares in the last quarter. Magnetar Financial LLC acquired a new stake in Matterport during the second quarter worth about $27,598,000. IMC Chicago LLC acquired a new stake in Matterport during the first quarter worth about $465,000. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Matterport in the 2nd quarter valued at about $3,142,000. Finally, GSA Capital Partners LLP raised its position in shares of Matterport by 85.3% in the 1st quarter. GSA Capital Partners LLP now owns 389,185 shares of the company’s stock valued at $880,000 after buying an additional 179,174 shares in the last quarter. Institutional investors own 36.96% of the company’s stock.

Insider Buying and Selling at Matterport

In other news, CFO James Daniel Fay sold 25,000 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $4.47, for a total value of $111,750.00. Following the completion of the transaction, the chief financial officer now owns 1,518,751 shares of the company’s stock, valued at approximately $6,788,816.97. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO James Daniel Fay sold 25,000 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $4.47, for a total transaction of $111,750.00. Following the completion of the transaction, the chief financial officer now directly owns 1,518,751 shares in the company, valued at approximately $6,788,816.97. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Japjit Tulsi sold 17,599 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $4.23, for a total value of $74,443.77. Following the sale, the chief technology officer now directly owns 539,354 shares in the company, valued at approximately $2,281,467.42. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 494,671 shares of company stock worth $2,155,982 over the last 90 days. Insiders own 17.50% of the company’s stock.

Matterport Trading Up 0.2 %

NASDAQ MTTR opened at $4.80 on Wednesday. The firm’s 50 day simple moving average is $4.44 and its 200 day simple moving average is $4.13. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of -8.00 and a beta of 1.07. Matterport, Inc. has a 1 year low of $1.73 and a 1 year high of $4.99.

Matterport (NASDAQ:MTTR) last released its earnings results on Tuesday, August 6th. The company reported ($0.02) earnings per share for the quarter, hitting the consensus estimate of ($0.02). Matterport had a negative return on equity of 32.22% and a negative net margin of 164.17%. The firm had revenue of $42.20 million during the quarter, compared to analysts’ expectations of $44.38 million. During the same period in the prior year, the company earned ($0.19) earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. On average, equities research analysts forecast that Matterport, Inc. will post -0.44 earnings per share for the current year.

Matterport Profile

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.