Charles Schwab Investment Management Inc. Has $11.14 Million Position in Matterport, Inc. (NASDAQ:MTTR)

Charles Schwab Investment Management Inc. increased its holdings in shares of Matterport, Inc. (NASDAQ:MTTR) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,350,514 shares of the company’s stock after acquiring an additional 37,569 shares during the period. Charles Schwab Investment Management Inc. owned about 0.73% of Matterport worth $11,141,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. SBI Securities Co. Ltd. acquired a new position in Matterport in the fourth quarter valued at about $34,000. Bank of New York Mellon Corp lifted its position in shares of Matterport by 1.9% during the fourth quarter. Bank of New York Mellon Corp now owns 755,541 shares of the company’s stock worth $3,581,000 after purchasing an additional 14,434 shares in the last quarter. Olympiad Research LP lifted its position in shares of Matterport by 43.6% during the fourth quarter. Olympiad Research LP now owns 153,766 shares of the company’s stock worth $729,000 after purchasing an additional 46,684 shares in the last quarter. Wolverine Asset Management LLC lifted its position in shares of Matterport by 11.7% during the fourth quarter. Wolverine Asset Management LLC now owns 132,999 shares of the company’s stock worth $630,000 after purchasing an additional 13,934 shares in the last quarter. Finally, CIBC Asset Management Inc acquired a new position in shares of Matterport during the fourth quarter worth approximately $50,000. 36.96% of the stock is currently owned by institutional investors and hedge funds.

Matterport Stock Performance

Shares of MTTR stock opened at $5.38 on Friday. Matterport, Inc. has a 1 year low of $1.73 and a 1 year high of $5.46. The firm’s 50 day moving average is $5.28 and its 200-day moving average is $4.90. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of -6.48 and a beta of 1.06.

Matterport (NASDAQ:MTTR) last posted its quarterly earnings results on Wednesday, February 26th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.11). Matterport had a negative return on equity of 32.19% and a negative net margin of 157.21%. The business had revenue of $43.82 million for the quarter, compared to the consensus estimate of $42.87 million. On average, equities research analysts forecast that Matterport, Inc. will post -0.44 earnings per share for the current fiscal year.

Matterport Profile

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.