S Squared Technology LLC Holds Position in Mattersight Corporation (MATR)
S Squared Technology LLC held its position in Mattersight Corporation (NASDAQ:MATR) during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 467,927 shares of the software maker’s stock at the end of the first quarter. Mattersight Corporation makes up about 1.5% of S Squared Technology LLC’s portfolio, making the stock its 26th largest position. S Squared Technology LLC owned about 1.44% of Mattersight Corporation worth $1,638,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in MATR. Russell Investments Group Ltd. purchased a new position in Mattersight Corporation during the fourth quarter valued at $1,029,000. Boston Partners boosted its position in shares of Mattersight Corporation by 4.9% in the first quarter. Boston Partners now owns 750,500 shares of the software maker’s stock worth $2,627,000 after buying an additional 34,852 shares in the last quarter. Finally, Unterberg Capital LLC acquired a new stake in shares of Mattersight Corporation during the fourth quarter worth about $6,583,000. 39.22% of the stock is currently owned by hedge funds and other institutional investors.
Mattersight Corporation (MATR) traded down 1.89% on Friday, reaching $2.60. The company had a trading volume of 143,977 shares. The company’s 50-day moving average price is $2.74 and its 200 day moving average price is $3.38. The firm’s market capitalization is $84.98 million. Mattersight Corporation has a 1-year low of $2.35 and a 1-year high of $4.65.
Mattersight Corporation (NASDAQ:MATR) last announced its earnings results on Tuesday, May 9th. The software maker reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by $0.02. The business had revenue of $10.96 million for the quarter. Mattersight Corporation had a negative return on equity of 955.39% and a negative net margin of 46.76%. On average, equities analysts forecast that Mattersight Corporation will post ($0.54) EPS for the current year.
Separately, Zacks Investment Research upgraded Mattersight Corporation from a “hold” rating to a “buy” rating and set a $2.75 price target for the company in a research note on Saturday, June 10th.
In other news, major shareholder Hill Ventures Sutter acquired 203,543 shares of the business’s stock in a transaction dated Thursday, June 1st. The stock was acquired at an average price of $3.65 per share, with a total value of $742,931.95. Following the completion of the transaction, the insider now directly owns 852,651 shares in the company, valued at approximately $3,112,176.15. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Henry Feinberg acquired 50,000 shares of the business’s stock in a transaction dated Wednesday, June 7th. The stock was purchased at an average cost of $2.48 per share, with a total value of $124,000.00. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 498,796 shares of company stock valued at $1,740,705. 30.20% of the stock is currently owned by company insiders.
Mattersight Corporation 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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