XTX Topco Ltd Has $278,000 Position in Matterport, Inc. (NASDAQ:MTTR)

XTX Topco Ltd lowered its position in shares of Matterport, Inc. (NASDAQ:MTTR) by 31.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 61,798 shares of the company’s stock after selling 28,243 shares during the quarter. XTX Topco Ltd’s holdings in Matterport were worth $278,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Redwood Wealth Management Group LLC acquired a new position in Matterport during the second quarter valued at approximately $29,000. Allspring Global Investments Holdings LLC acquired a new position in Matterport during the third quarter valued at approximately $30,000. Trellis Wealth Advisors LLC acquired a new position in Matterport during the second quarter valued at approximately $49,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Matterport by 23.0% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 14,001 shares of the company’s stock valued at $63,000 after purchasing an additional 2,618 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Matterport by 111.1% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 21,664 shares of the company’s stock valued at $97,000 after buying an additional 11,403 shares during the period. Institutional investors and hedge funds own 36.96% of the company’s stock.

Insider Activity

In related news, CFO James Daniel Fay sold 25,000 shares of the 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 owns 1,518,751 shares in the company, valued at approximately $6,788,816.97. This represents a 1.62 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Japjit Tulsi sold 85,015 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $4.73, for a total transaction of $402,120.95. Following the transaction, the chief technology officer now owns 608,744 shares of the company’s stock, valued at $2,879,359.12. The trade was a 12.25 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 670,163 shares of company stock worth $3,163,371 over the last quarter. 17.50% of the stock is currently owned by company insiders.

Matterport Stock Down 0.8 %

Matterport stock opened at $4.92 on Wednesday. The stock has a market capitalization of $1.59 billion, a PE ratio of -5.93 and a beta of 1.06. Matterport, Inc. has a twelve month low of $1.73 and a twelve month high of $5.00. The company has a 50 day moving average of $4.76 and a 200-day moving average of $4.48.

Matterport (NASDAQ:MTTR) last released its quarterly earnings results on Tuesday, November 12th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). The company had revenue of $43.79 million during the quarter, compared to analysts’ expectations of $43.91 million. Matterport had a negative net margin of 157.21% and a negative return on equity of 32.19%. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.04) earnings per share. Equities analysts anticipate that Matterport, Inc. will post -0.44 EPS for the current fiscal year.

Matterport Company 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.