Mattersight Corp. (NASDAQ:MATR) dropped 3.5% during mid-day trading on Wednesday . The company traded as low as $3.87 and last traded at $3.88, with a volume of 60,738 shares changing hands. The stock had previously closed at $4.02.

Separately, Zacks Investment Research raised shares of Mattersight Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, July 6th.

The stock’s market capitalization is $102.92 million. The firm’s 50 day moving average is $3.77 and its 200 day moving average is $4.18.

Mattersight Corp. (NASDAQ:MATR) last issued its quarterly earnings results on Wednesday, May 4th. The company reported ($0.24) earnings per share for the quarter, missing the consensus estimate of ($0.15) by $0.09. The business had revenue of $10.10 million for the quarter, compared to analyst estimates of $11.20 million. Equities analysts expect that Mattersight Corp. will post ($0.73) earnings per share for the current fiscal year.

In other Mattersight Corp. news, CEO Kelly D. Conway sold 40,000 shares of Mattersight Corp. stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $3.97, for a total transaction of $158,800.00. Following the transaction, the chief executive officer now owns 1,123,518 shares of the company’s stock, valued at $4,460,366.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael John Murray purchased 100,000 shares of the stock in a transaction on Monday, May 9th. The shares were purchased at an average cost of $3.45 per share, for a total transaction of $345,000.00. Following the acquisition, the director now directly owns 563,553 shares of the company’s stock, valued at $1,944,257.85. The disclosure for this purchase can be found here.

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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