Matterport, Inc. (NASDAQ:MTTR) Shares Acquired by Caxton Associates LP

Caxton Associates LP increased its holdings in shares of Matterport, Inc. (NASDAQ:MTTR) by 224.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 432,565 shares of the company’s stock after purchasing an additional 299,376 shares during the period. Caxton Associates LP’s holdings in Matterport were worth $2,050,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of MTTR. Balyasny Asset Management L.P. raised its holdings in shares of Matterport by 8,366.4% in the fourth quarter. Balyasny Asset Management L.P. now owns 5,305,154 shares of the company’s stock valued at $25,146,000 after buying an additional 5,242,493 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Matterport by 3.3% during the fourth quarter. Bank of America Corp DE now owns 396,692 shares of the company’s stock worth $1,880,000 after buying an additional 12,539 shares during the last quarter. Bardin Hill Management Partners LP acquired a new position in Matterport in the 4th quarter valued at about $4,001,000. BNP Paribas Financial Markets purchased a new stake in Matterport during the 4th quarter valued at approximately $3,240,000. Finally, Ameriprise Financial Inc. lifted its position in Matterport by 135.4% during the 4th quarter. Ameriprise Financial Inc. now owns 57,175 shares of the company’s stock worth $271,000 after acquiring an additional 32,886 shares during the period. 36.96% of the stock is owned by hedge funds and other institutional investors.

Matterport Stock Performance

Shares of MTTR stock opened at $5.38 on Monday. The company has a market capitalization of $1.74 billion, a P/E ratio of -6.48 and a beta of 1.06. The business’s 50 day moving average is $5.38 and its two-hundred day moving average is $5.09. Matterport, Inc. has a twelve month low of $3.90 and a twelve month high of $5.46.

Matterport (NASDAQ:MTTR) last posted 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 analysts’ expectations of $42.87 million. Matterport had a negative net margin of 157.21% and a negative return on equity of 32.19%. As a group, equities analysts predict 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.