Matterport, Inc. (NASDAQ:MTTR – Get Free Report) 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 transaction of $111,750.00. Following the completion of the sale, the chief financial officer now owns 1,518,751 shares of the company’s stock, valued at approximately $6,788,816.97. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
James Daniel Fay also recently made the following trade(s):
- On Thursday, September 5th, James Daniel Fay sold 24,692 shares of Matterport stock. The shares were sold at an average price of $4.23, for a total value of $104,447.16.
- On Tuesday, September 3rd, James Daniel Fay sold 69,943 shares of Matterport stock. The stock was sold at an average price of $4.42, for a total value of $309,148.06.
- On Thursday, August 1st, James Daniel Fay sold 25,000 shares of Matterport stock. The stock was sold at an average price of $4.40, for a total value of $110,000.00.
Matterport Trading Up 3.3 %
Shares of MTTR stock opened at $4.70 on Friday. Matterport, Inc. has a twelve month low of $1.73 and a twelve month high of $4.99. The company’s 50-day moving average price is $4.37 and its 200-day moving average price is $3.95. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of -7.83 and a beta of 1.07.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in Matterport by 2.2% in the first quarter. Vanguard Group Inc. now owns 24,406,900 shares of the company’s stock valued at $55,160,000 after purchasing an additional 520,490 shares during the period. Magnetar Financial LLC purchased a new stake in Matterport in the 2nd quarter valued at about $27,598,000. Millennium Management LLC lifted its position in Matterport by 142.3% in the second quarter. Millennium Management LLC now owns 3,021,453 shares of the company’s stock valued at $13,506,000 after buying an additional 1,774,442 shares during the last quarter. Water Island Capital LLC purchased a new position in Matterport during the second quarter worth about $11,722,000. Finally, G2 Investment Partners Management LLC raised its stake in shares of Matterport by 136.7% in the 4th quarter. G2 Investment Partners Management LLC now owns 1,396,528 shares of the company’s stock valued at $3,757,000 after acquiring an additional 806,528 shares during the period. 36.96% of the stock is currently owned by hedge funds and other institutional investors.
About Matterport
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.
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