B. Riley Financial Inc. bought a new stake in shares of Mattersight Corp (NASDAQ:MATR) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 49,203 shares of the software maker’s stock, valued at approximately $138,000. B. Riley Financial Inc. owned 0.15% of Mattersight at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of MATR. Boston Partners raised its position in shares of Mattersight by 45.6% in the third quarter. Boston Partners now owns 1,184,317 shares of the software maker’s stock worth $3,316,000 after acquiring an additional 370,917 shares during the period. Penn Capital Management Co. Inc. raised its position in shares of Mattersight by 9.4% in the second quarter. Penn Capital Management Co. Inc. now owns 1,072,141 shares of the software maker’s stock worth $2,734,000 after acquiring an additional 91,811 shares during the period. Russell Investments Group Ltd. raised its position in shares of Mattersight by 24.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 421,500 shares of the software maker’s stock worth $1,075,000 after purchasing an additional 83,500 shares during the last quarter. Finally, Northern Trust Corp raised its position in shares of Mattersight by 4.2% during the 2nd quarter. Northern Trust Corp now owns 40,827 shares of the software maker’s stock worth $104,000 after purchasing an additional 1,628 shares during the last quarter. Institutional investors own 36.40% of the company’s stock.
Several research firms recently weighed in on MATR. ValuEngine downgraded shares of Mattersight from a “sell” rating to a “strong sell” rating in a research report on Friday, September 1st. Zacks Investment Research downgraded shares of Mattersight from a “hold” rating to a “sell” rating in a research report on Wednesday.
Mattersight Corp (NASDAQ:MATR) opened at $2.60 on Thursday. Mattersight Corp has a 1 year low of $2.10 and a 1 year high of $4.05. The company has a debt-to-equity ratio of -2.61, a quick ratio of 1.35 and a current ratio of 1.35.
Mattersight (NASDAQ:MATR) last released its quarterly earnings results on Tuesday, November 7th. The software maker reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.14) by $0.04. The company had revenue of $11.34 million for the quarter, compared to analyst estimates of $11.51 million. equities research analysts expect that Mattersight Corp will post -0.59 earnings per share for the current fiscal year.
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Mattersight Company Profile
Mattersight Corporation offers behavioral analytics and provides personality-based software products. The Company uses various applications, including predictive behavioral routing, performance management, quality assurance and predictive analytics (collectively, Behavioral Analytics) to analyze and predict customer behavior based on the language exchanged between agents and customers during brand interactions.
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