Boston Partners raised its stake in shares of Mattersight Corporation (NASDAQ:MATR) by 8.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 813,400 shares of the software maker’s stock after buying an additional 62,900 shares during the period. Boston Partners owned approximately 2.49% of Mattersight Corporation worth $2,074,000 at the end of the most recent reporting period.
Separately, Ironwood Investment Management LLC raised its stake 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 buying an additional 3,160 shares in the last quarter. Hedge funds and other institutional investors own 35.84% of the company’s stock.
Shares of Mattersight Corporation (MATR) opened at 2.10 on Thursday. The firm’s market capitalization is $68.77 million. The stock has a 50 day moving average of $2.57 and a 200 day moving average of $3.03. Mattersight Corporation has a 52-week low of $2.10 and a 52-week high of $4.40.
Mattersight Corporation (NASDAQ:MATR) last announced 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 company had revenue of $10.56 million for the quarter, compared to analyst estimates of $10.40 million. On average, analysts predict that Mattersight Corporation will post ($0.61) EPS for the current fiscal year.
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Separately, Zacks Investment Research upgraded shares of Mattersight Corporation from a “hold” rating to a “buy” rating and set a $2.75 price target on the stock in a research report on Saturday, June 10th.
In related news, Director Henry Feinberg bought 50,000 shares of the company’s stock in a transaction on Wednesday, June 7th. The shares were purchased at an average cost of $2.48 per share, for a total transaction of $124,000.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Hill Ventures Sutter bought 203,543 shares of the company’s stock in a transaction on Thursday, June 1st. The shares were bought at an average price of $3.65 per share, for a total transaction of $742,931.95. Following the completion of the acquisition, the insider now directly owns 852,651 shares in the company, valued at approximately $3,112,176.15. The disclosure for this purchase can be found here. Insiders have acquired a total of 478,796 shares of company stock worth $1,689,105 over the last 90 days. Corporate insiders own 30.20% of the company’s stock.
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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