Mercer Global Advisors Inc. ADV Invests $118,000 in Matterport, Inc. (NASDAQ:MTTR)

Mercer Global Advisors Inc. ADV acquired a new position in shares of Matterport, Inc. (NASDAQ:MTTR) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 24,879 shares of the company’s stock, valued at approximately $118,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vestcor Inc acquired a new stake in shares of Matterport during the 4th quarter worth $33,000. SBI Securities Co. Ltd. acquired a new stake in shares of Matterport during the 4th quarter worth $34,000. CIBC Asset Management Inc acquired a new stake in shares of Matterport during the 4th quarter worth $50,000. Dark Forest Capital Management LP acquired a new stake in shares of Matterport during the 4th quarter worth $62,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Matterport during the 4th quarter worth $88,000. 36.96% of the stock is currently owned by institutional investors and hedge funds.

Matterport Price Performance

MTTR stock opened at $5.38 on Friday. Matterport, Inc. has a 52 week low of $3.90 and a 52 week high of $5.46. The company has a market cap of $1.74 billion, a price-to-earnings ratio of -6.48 and a beta of 1.06. The business has a fifty day simple moving average of $5.38 and a 200-day simple moving average of $5.13.

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

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.