Matterport (MTTR) Projected to Post Earnings on Tuesday

Matterport (NASDAQ:MTTR) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, February 18th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $42.87 million for the quarter.

Matterport Trading Up 0.8 %

Matterport stock opened at $5.25 on Friday. Matterport has a 12 month low of $1.73 and a 12 month high of $5.36. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of -6.33 and a beta of 1.06. The stock has a fifty day simple moving average of $5.01 and a two-hundred day simple moving average of $4.71.

Insider Buying and Selling at Matterport

In related news, CFO James Daniel Fay sold 119,312 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $4.73, for a total value of $564,345.76. Following the transaction, the chief financial officer now directly owns 1,690,458 shares of the company’s stock, valued at approximately $7,995,866.34. This trade represents a 6.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CRO Jay Remley sold 82,229 shares of Matterport stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $4.73, for a total value of $388,943.17. Following the transaction, the executive now directly owns 1,408,626 shares in the company, valued at approximately $6,662,800.98. The trade was a 5.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 645,163 shares of company stock worth $3,051,621. Company insiders own 17.50% of the company’s stock.

About Matterport

Matterport, Inc, a spatial data company, focuses on digitization and datafication in the United States and internationally. The company offers Matterport Capture Services, a fully managed solution for enterprise subscribers; Matterport Pro3, a 3D camera that scans properties; Matterport Pro2, a 3D camera that captures spaces; LEICA BLK360, a device to create digital twins; Smartphone Capture, a smartphone capture solution for both iOS and Android; and 360 Cameras.