Mattersight Corp (MATR) Stake Increased by Renaissance Technologies LLC

Renaissance Technologies LLC lifted its position in shares of Mattersight Corp (NASDAQ:MATR) by 24.3% in the second quarter, HoldingsChannel.com reports. The fund owned 657,100 shares of the software maker’s stock after buying an additional 128,600 shares during the period. Renaissance Technologies LLC’s holdings in Mattersight were worth $1,758,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in shares of Mattersight during the 2nd quarter worth approximately $370,000. Gabelli Funds LLC bought a new stake in shares of Mattersight during the 2nd quarter worth approximately $274,000. SG Americas Securities LLC bought a new stake in shares of Mattersight during the 2nd quarter worth approximately $401,000. Finally, FNY Investment Advisers LLC bought a new stake in shares of Mattersight during the 2nd quarter worth approximately $1,711,000. 37.60% of the stock is owned by institutional investors.

Separately, ValuEngine raised shares of Mattersight from a “hold” rating to a “buy” rating in a report on Monday, July 2nd. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Mattersight has an average rating of “Hold” and an average target price of $3.04.



MATR stock opened at $2.68 on Friday. Mattersight Corp has a 1 year low of $1.92 and a 1 year high of $3.05. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of -0.62.

Mattersight (NASDAQ:MATR) last released its quarterly earnings data on Thursday, August 9th. The software maker reported ($0.15) earnings per share (EPS) for the quarter. The company had revenue of $11.73 million for the quarter.

Mattersight Company Profile

Mattersight Corporation provides behavioral analytics services in the United States. The company provides predictive behavioral routing and workstyle, performance management, quality assurance, predictive analytics, and marketing managed services. It serves companies in the healthcare, insurance, financial service, technology, telecommunication, cable, utility, education, hospitality, and government industries.

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Institutional Ownership by Quarter for Mattersight (NASDAQ:MATR)

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