Also, Director Jason Krikorian sold 868,407 shares of Matterport stock in a transaction on Friday, May 20th. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Following the completion of the transaction, the chief financial officer now directly owns 749,097 shares of the company’s stock, valued at $3,767,957.91.

The shares were sold at an average price of $5.03, for a total transaction of $374,096.19. In other Matterport news, CFO James Daniel Fay sold 74,373 shares of Matterport stock in a transaction on Tuesday, June 7th.

The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Following the completion of the transaction, the director now directly owns 21,194,049 shares of the company’s stock, valued at $115,083,686.07. The shares were sold at an average price of $5.43, for a total value of $4,715,450.01. In related news, Director Jason Krikorian sold 868,407 shares of the firm’s stock in a transaction on Friday, May 20th. Based on data from, Matterport has an average rating of “Moderate Buy” and an average target price of $11.57. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Finally, Wedbush downgraded shares of Matterport from an “outperform” rating to a “neutral” rating and dropped their price target for the company from $10.00 to $6.00 in a report on Tuesday, May 3rd. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Matterport from $9.00 to $7.00 in a research report on Wednesday, May 11th. Piper Sandler cut their price objective on shares of Matterport from $7.00 to $5.00 and set an “overweight” rating on the stock in a research report on Monday, July 18th. Morgan Stanley decreased their price objective on shares of Matterport from $6.00 to $5.00 and set an “equal weight” rating for the company in a report on Thursday, July 14th. Several research analysts have commented on the stock. will post -0.79 EPS for the current year. Sell-side analysts forecast that Matterport, Inc. The company’s revenue was up 5.9% on a year-over-year basis.

During the same period last year, the firm posted ($0.01) EPS. The business had revenue of $28.51 million during the quarter, compared to analyst estimates of $27.47 million. Matterport had a negative net margin of 233.50% and a negative return on equity of 53.37%. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.46) by $0.69. Matterport ( NASDAQ:MTTR – Get Rating) last announced its quarterly earnings data on Tuesday, May 10th. Institutional investors own 41.53% of the company’s stock. Finally, Eaton Vance Management bought a new position in Matterport in the 4th quarter worth $62,000. LLC now owns 19,000 shares of the company’s stock worth $392,000 after purchasing an additional 2,500 shares in the last quarter. LLC raised its holdings in Matterport by 15.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,791 shares of the company’s stock worth $63,000 after purchasing an additional 2,300 shares in the last quarter. Steward Partners Investment Advisory LLC raised its holdings in Matterport by 41.9% in the 1st quarter. now owns 28,575 shares of the company’s stock worth $590,000 after purchasing an additional 2,081 shares in the last quarter. raised its holdings in Matterport by 7.9% in the 4th quarter. now owns 1,875 shares of the company’s stock worth $38,000 after acquiring an additional 1,500 shares during the last quarter. lifted its holdings in shares of Matterport by 400.0% in the 4th quarter. Several other hedge funds and other institutional investors also recently modified their holdings of the business. AR’s holdings in Matterport were worth $111,000 at the end of the most recent quarter. The firm owned 13,635 shares of the company’s stock after selling 2,150 shares during the period. ( NASDAQ:MTTR – Get Rating) by 13.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. AR lowered its holdings in Matterport, Inc.

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