Matterport, Inc. (NASDAQ:MTTR) Shares Sold by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp lessened its holdings in shares of Matterport, Inc. (NASDAQ:MTTR) by 26.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 726,200 shares of the company’s stock after selling 257,500 shares during the period. OMERS ADMINISTRATION Corp owned 0.22% of Matterport worth $3,442,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of MTTR. JPMorgan Chase & Co. boosted its stake in Matterport by 116.3% in the third quarter. JPMorgan Chase & Co. now owns 1,967,215 shares of the company’s stock valued at $8,852,000 after acquiring an additional 1,057,537 shares during the period. SG Americas Securities LLC lifted its holdings in shares of Matterport by 294.2% in the 4th quarter. SG Americas Securities LLC now owns 183,893 shares of the company’s stock worth $872,000 after purchasing an additional 137,247 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in Matterport during the 4th quarter valued at approximately $34,000. Barclays PLC boosted its position in Matterport by 325.6% during the 3rd quarter. Barclays PLC now owns 452,844 shares of the company’s stock valued at $2,036,000 after purchasing an additional 346,434 shares during the period. Finally, CIBC Asset Management Inc bought a new position in Matterport during the 4th quarter worth $50,000. Institutional investors and hedge funds own 36.96% of the company’s stock.

Matterport Price Performance

Shares of NASDAQ MTTR opened at $5.38 on Wednesday. The firm has a market capitalization of $1.74 billion, a PE ratio of -6.48 and a beta of 1.06. Matterport, Inc. has a 1-year low of $3.90 and a 1-year high of $5.46. The business’s fifty day moving average price is $5.38 and its two-hundred day moving average price is $5.12.

Matterport (NASDAQ:MTTR) last released its quarterly earnings data on Wednesday, February 26th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.11). The firm had revenue of $43.82 million during the quarter, compared to analyst estimates of $42.87 million. Matterport had a negative return on equity of 32.19% and a negative net margin of 157.21%. Equities research analysts expect that Matterport, Inc. will post -0.44 earnings per share for the current fiscal 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.