Mattersight Corp. (MATR) Sees Large Volume Increase
Mattersight Corp. (NASDAQ:MATR) saw unusually-strong trading volume on Friday . Approximately 202,531 shares traded hands during mid-day trading, an increase of 191% from the previous session’s volume of 69,586 shares.The stock last traded at $3.73 and had previously closed at $3.67.
Separately, Zacks Investment Research upgraded shares of Mattersight Corp. from a “sell” rating to a “hold” rating in a report on Wednesday.
The company’s market cap is $98.66 million. The company has a 50-day moving average of $3.82 and a 200 day moving average of $4.42.
Mattersight Corp. (NASDAQ:MATR) last announced its quarterly earnings data on Wednesday, May 4th. The company reported ($0.24) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.15) by $0.09. The company had revenue of $10.10 million for the quarter, compared to analysts’ expectations of $11.20 million. Equities research analysts anticipate that Mattersight Corp. will post ($0.73) earnings per share for the current year.
In other Mattersight Corp. news, CEO Kelly D. Conway sold 40,000 shares of Mattersight Corp. stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $3.97, for a total transaction of $158,800.00. Following the completion of the transaction, the chief executive officer now owns 1,123,518 shares in the company, valued at $4,460,366.46. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael John Murray bought 100,000 shares of the business’s stock in a transaction on Monday, May 9th. The shares were acquired at an average price of $3.45 per share, with a total value of $345,000.00. Following the transaction, the director now owns 563,553 shares of the company’s stock, valued at approximately $1,944,257.85. The disclosure for this purchase can be found here.
An institutional investor recently raised its position in Mattersight Corp. stock. EAM Investors LLC raised its position in Mattersight Corp. (NASDAQ:MATR) by 0.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 202,438 shares of the company’s stock after buying an additional 797 shares during the period. EAM Investors LLC owned about 0.78% of Mattersight Corp. worth $1,328,000 at the end of the most recent reporting period.
Mattersight Corporation (Mattersight) is an enterprise analytics focused on customer and employee interactions and behaviors. Through its Behavioral Analytics-related services, including Predictive Behavioral Routing, Performance Management, and Predictive Analytics (collectively, Behavioral Analytics), Mattersight captures and analyzes customer and employee interactions, employee desktop data, and other contextual information to route customers to the available employee, operational performance, and predict future customer and employee outcomes.
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