Matterport, Inc. (NASDAQ:MTTR - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $5.40 and last traded at $5.45, with a volume of 1706501 shares traded. The stock had previously closed at $5.28.
Matterport Stock Down 1.7 %
The stock has a market cap of $1.72 billion, a P/E ratio of -6.43 and a beta of 1.06. The firm's 50 day simple moving average is $5.05 and its two-hundred day simple moving average is $4.74.
Insider Activity
In related news, CRO Jay Remley sold 82,229 shares of the business's stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $4.73, for a total transaction of $388,943.17. Following the completion of the transaction, the executive now owns 1,408,626 shares in the company, valued at $6,662,800.98. The trade was a 5.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Japjit Tulsi sold 85,015 shares of the company's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $4.73, for a total value of $402,120.95. Following the transaction, the chief technology officer now owns 608,744 shares of the company's stock, valued at approximately $2,879,359.12. The trade was a 12.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 645,163 shares of company stock valued at $3,051,621. Company insiders own 17.50% of the company's stock.
Institutional Trading of Matterport
A number of large investors have recently modified their holdings of the company. Versant Capital Management Inc bought a new position in Matterport in the 4th quarter worth about $29,000. Allspring Global Investments Holdings LLC acquired a new position in shares of Matterport during the third quarter worth approximately $30,000. Vestcor Inc acquired a new position in shares of Matterport during the fourth quarter worth approximately $33,000. SBI Securities Co. Ltd. bought a new position in Matterport in the 4th quarter worth approximately $34,000. Finally, CIBC Asset Management Inc acquired a new stake in Matterport in the 4th quarter valued at approximately $50,000. Institutional investors and hedge funds own 36.96% of the company's stock.
Matterport Company Profile
(
Get Free Report)
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.
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