Matterport, Inc. (NASDAQ:MTTR) Shares Acquired by Caxton Associates LP

Caxton Associates LP increased its stake in Matterport, Inc. (NASDAQ:MTTR) by 224.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 432,565 shares of the company’s stock after acquiring an additional 299,376 shares during the period. Caxton Associates LP owned approximately 0.13% of Matterport worth $2,050,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Balyasny Asset Management L.P. increased its holdings in Matterport by 8,366.4% during the 4th quarter. Balyasny Asset Management L.P. now owns 5,305,154 shares of the company’s stock worth $25,146,000 after purchasing an additional 5,242,493 shares during the period. Bank of America Corp DE grew its position in shares of Matterport by 3.3% during the fourth quarter. Bank of America Corp DE now owns 396,692 shares of the company’s stock worth $1,880,000 after buying an additional 12,539 shares in the last quarter. Bardin Hill Management Partners LP purchased a new stake in shares of Matterport during the fourth quarter worth approximately $4,001,000. BNP Paribas Financial Markets acquired a new stake in Matterport in the fourth quarter valued at approximately $3,240,000. Finally, Ameriprise Financial Inc. lifted its stake in Matterport by 135.4% in the fourth quarter. Ameriprise Financial Inc. now owns 57,175 shares of the company’s stock worth $271,000 after acquiring an additional 32,886 shares during the last quarter. 36.96% of the stock is currently owned by hedge funds and other institutional investors.

Matterport Stock Performance

Shares of NASDAQ:MTTR opened at $5.38 on Monday. Matterport, Inc. has a 52 week low of $3.90 and a 52 week high of $5.46. The company’s 50 day moving average is $5.38 and its two-hundred day moving average is $5.09. 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 issued its earnings results on Wednesday, February 26th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.11). Matterport had a negative return on equity of 32.19% and a negative net margin of 157.21%. The firm had revenue of $43.82 million for the quarter, compared to analyst estimates of $42.87 million. As a group, equities research analysts expect that Matterport, Inc. will post -0.44 EPS for the current year.

Matterport 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.