Mattersight Corp. (NASDAQ:MATR) shares dropped 1.9% during mid-day trading on Monday . The stock traded as low as $3.66 and last traded at $3.69, with a volume of 62,023 shares. The stock had previously closed at $3.76.

Separately, Zacks Investment Research cut Mattersight Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, May 10th.

The firm has a 50 day moving average price of $3.81 and a 200-day moving average price of $4.28. The company’s market capitalization is $98.13 million.

Mattersight Corp. (NASDAQ:MATR) last released its earnings results on Wednesday, May 4th. The company reported ($0.24) earnings per share for the quarter, missing the Zacks’ 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 research analysts forecast that Mattersight Corp. will post ($0.73) EPS for the current year.

In other news, Director Henry Feinberg purchased 50,000 shares of Mattersight Corp. stock in a transaction dated Tuesday, May 10th. The shares were purchased at an average price of $3.51 per share, with a total value of $175,500.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, 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 sale, the chief executive officer now directly owns 1,123,518 shares in the company, valued at approximately $4,460,366.46. The disclosure for this sale can be found here.

An institutional investor recently raised its position in Mattersight Corp. stock. EAM Investors LLC boosted its stake in shares of Mattersight Corp. (NASDAQ:MATR) by 0.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent filing with the SEC.

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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