Susquehanna Fundamental Investments LLC Invests $1.37 Million in Matterport, Inc. (NASDAQ:MTTR)

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Matterport, Inc. (NASDAQ:MTTR) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 288,232 shares of the company’s stock, valued at approximately $1,366,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MTTR. Credit Industriel ET Commercial purchased a new stake in Matterport in the fourth quarter worth about $2,767,000. Cigogne Management SA bought a new stake in shares of Matterport in the 4th quarter worth approximately $2,453,000. Price T Rowe Associates Inc. MD grew its stake in shares of Matterport by 37.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 196,900 shares of the company’s stock worth $934,000 after buying an additional 53,699 shares during the last quarter. Dark Forest Capital Management LP bought a new position in Matterport during the 4th quarter valued at approximately $62,000. Finally, MetLife Investment Management LLC increased its position in Matterport by 3.2% during the 4th quarter. MetLife Investment Management LLC now owns 157,714 shares of the company’s stock valued at $748,000 after buying an additional 4,918 shares in the last quarter. 36.96% of the stock is owned by hedge funds and other institutional investors.

Matterport Stock Performance

Matterport stock opened at $5.38 on Friday. Matterport, Inc. has a 12 month low of $3.90 and a 12 month high of $5.46. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of -6.48 and a beta of 1.06. The business’s fifty day simple moving average is $5.38 and its two-hundred day simple moving average is $5.08.

Matterport (NASDAQ:MTTR) last announced its quarterly earnings results on Wednesday, February 26th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.11). The firm had revenue of $43.82 million during 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%. On average, equities research analysts predict that Matterport, Inc. will post -0.44 EPS for the current year.

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.