Point72 Asia Singapore Pte. Ltd. Invests $451,000 in Matterport, Inc. (NASDAQ:MTTR)

Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Matterport, Inc. (NASDAQ:MTTR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 95,111 shares of the company’s stock, valued at approximately $451,000.

Other institutional investors also recently bought and sold shares of the company. Vestcor Inc purchased a new stake in Matterport during the fourth quarter worth $33,000. SBI Securities Co. Ltd. purchased a new stake in shares of Matterport during the 4th quarter worth $34,000. CIBC Asset Management Inc purchased a new stake in shares of Matterport during the 4th quarter worth $50,000. Dark Forest Capital Management LP bought a new stake in Matterport during the fourth quarter valued at about $62,000. Finally, Quantinno Capital Management LP purchased a new position in Matterport in the fourth quarter valued at about $69,000. 36.96% of the stock is owned by hedge funds and other institutional investors.

Matterport Stock Performance

Shares of Matterport stock opened at $5.38 on Friday. The company has a market capitalization of $1.74 billion, a PE ratio of -6.48 and a beta of 1.06. The company has a 50-day simple moving average of $5.38 and a two-hundred day simple moving average of $5.12. Matterport, Inc. has a one year low of $3.90 and a one year high of $5.46.

Matterport (NASDAQ:MTTR) last posted its quarterly earnings data on Wednesday, February 26th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.11). Matterport had a negative return on equity of 32.19% and a negative net margin of 157.21%. The firm had revenue of $43.82 million for the quarter, compared to the consensus estimate of $42.87 million. On average, 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.