Penn Capital Management Co. Inc. boosted its holdings in Mattersight Corporation (NASDAQ:MATR) by 9.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,072,141 shares of the software maker’s stock after purchasing an additional 91,811 shares during the quarter. Penn Capital Management Co. Inc. owned about 3.28% of Mattersight Corporation worth $2,734,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ironwood Investment Management LLC boosted its holdings in Mattersight Corporation by 2.6% in the first quarter. Ironwood Investment Management LLC now owns 125,047 shares of the software maker’s stock valued at $438,000 after purchasing an additional 3,160 shares in the last quarter. Boston Partners boosted its holdings in Mattersight Corporation by 8.4% in the second quarter. Boston Partners now owns 813,400 shares of the software maker’s stock valued at $2,074,000 after purchasing an additional 62,900 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in Mattersight Corporation by 24.7% in the second quarter. Russell Investments Group Ltd. now owns 421,500 shares of the software maker’s stock valued at $1,075,000 after purchasing an additional 83,500 shares in the last quarter. 36.33% of the stock is owned by hedge funds and other institutional investors.

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Shares of Mattersight Corporation (MATR) remained flat at $2.70 during trading on Friday. 140 shares of the company were exchanged. Mattersight Corporation has a 12-month low of $2.10 and a 12-month high of $4.40. The company has a 50-day moving average price of $2.43 and a 200-day moving average price of $2.85. The company’s market cap is $88.42 million.

Mattersight Corporation (NASDAQ:MATR) last issued its earnings results on Tuesday, August 8th. The software maker reported ($0.15) EPS for the quarter, hitting the consensus estimate of ($0.15). The firm had revenue of $10.56 million during the quarter, compared to analyst estimates of $10.40 million. On average, equities research analysts anticipate that Mattersight Corporation will post ($0.62) EPS for the current fiscal year.

A number of equities analysts recently issued reports on the company. ValuEngine downgraded Mattersight Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Zacks Investment Research downgraded Mattersight Corporation from a “hold” rating to a “sell” rating in a report on Saturday, August 19th.

Mattersight Corporation 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.

Institutional Ownership by Quarter for Mattersight Corporation (NASDAQ:MATR)

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