Charles Schwab Investment Management Inc. Purchases 37,569 Shares of Matterport, Inc. (NASDAQ:MTTR)

Charles Schwab Investment Management Inc. raised its position in Matterport, Inc. (NASDAQ:MTTR) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,350,514 shares of the company’s stock after buying an additional 37,569 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Matterport were worth $11,141,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of Matterport by 116.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,967,215 shares of the company’s stock valued at $8,852,000 after purchasing an additional 1,057,537 shares in the last quarter. Western Standard LLC acquired a new stake in Matterport during the 3rd quarter worth approximately $3,322,000. Sand Grove Capital Management LLP boosted its position in Matterport by 112.1% during the 3rd quarter. Sand Grove Capital Management LLP now owns 2,071,883 shares of the company’s stock worth $9,323,000 after buying an additional 1,094,879 shares during the period. Geode Capital Management LLC boosted its position in Matterport by 7.8% during the 3rd quarter. Geode Capital Management LLC now owns 6,534,162 shares of the company’s stock worth $29,410,000 after buying an additional 471,641 shares during the period. Finally, Versant Capital Management Inc acquired a new stake in Matterport during the 4th quarter worth approximately $29,000. 36.96% of the stock is owned by institutional investors.

Matterport Price Performance

NASDAQ:MTTR opened at $5.38 on Friday. The firm’s 50 day simple moving average is $5.28 and its 200 day simple moving average is $4.90. Matterport, Inc. has a one year low of $1.73 and a one year high of $5.46. The company has a market cap of $1.74 billion, a PE ratio of -6.48 and a beta of 1.06.

Matterport (NASDAQ:MTTR) last released its quarterly earnings results on Wednesday, February 26th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.11). The firm had revenue of $43.82 million for the quarter, compared to the consensus estimate 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 EPS for the current 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.