Mattersight Corp (NASDAQ:MATR) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.
According to Zacks, “Mattersight Corporation, formerly known as eLoyalty Corporation, operates as an enterprise analytics service provider. The Company’s Behavioral Analytics service captures, analyzes, and creates insight from unstructured conversations, emails, employee desktop activity, and customer data. Services offered by the Company is applicable in improving call center performance, increase customer satisfaction and customer retention, reduce fraud, and streamline back office operations. Mattersight Corporation is based in Lake Forest, Illinois. “
Shares of Mattersight Corp (NASDAQ:MATR) opened at 3.65 on Tuesday. Mattersight Corp has a 12 month low of $3.00 and a 12 month high of $4.65. The stock’s market capitalization is $97.17 million. The firm’s 50 day moving average is $3.66 and its 200 day moving average is $3.75.
Mattersight Corp (NASDAQ:MATR) last announced its quarterly earnings data on Wednesday, February 8th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.02. Mattersight Corp had a negative return on equity of 36,378.16% and a negative net margin of 49.83%. The firm had revenue of $12.60 million for the quarter, compared to analysts’ expectations of $11.87 million. During the same period last year, the business posted ($0.18) earnings per share. On average, equities analysts predict that Mattersight Corp will post ($0.55) earnings per share for the current fiscal year.
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In related news, EVP Christopher Joseph Danson sold 14,640 shares of the firm’s stock in a transaction on Friday, February 17th. The stock was sold at an average price of $3.81, for a total transaction of $55,778.40. Following the transaction, the executive vice president now directly owns 293,103 shares in the company, valued at $1,116,722.43. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Tench Coxe acquired 100,000 shares of Mattersight Corp stock in a transaction that occurred on Wednesday, March 1st. The shares were purchased at an average price of $3.45 per share, for a total transaction of $345,000.00. The disclosure for this purchase can be found here. Company insiders own 30.20% of the company’s stock.
A number of institutional investors have recently made changes to their positions in MATR. Russell Investments Group Ltd. bought a new stake in shares of Mattersight Corp during the fourth quarter valued at $1,029,000. S Squared Technology LLC raised its stake in shares of Mattersight Corp by 9.2% in the fourth quarter. S Squared Technology LLC now owns 467,927 shares of the company’s stock valued at $1,731,000 after buying an additional 39,500 shares in the last quarter. Boston Partners raised its stake in shares of Mattersight Corp by 12.0% in the third quarter. Boston Partners now owns 560,258 shares of the company’s stock valued at $2,353,000 after buying an additional 59,850 shares in the last quarter. Finally, Unterberg Capital LLC bought a new stake in shares of Mattersight Corp during the fourth quarter valued at $6,583,000. Hedge funds and other institutional investors own 37.15% of the company’s stock.
Mattersight Corp 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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