Mattersight Corp (MATR) Upgraded by Zacks Investment Research to “Hold”

Mattersight Corp (NASDAQ:MATR) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued 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. “

Mattersight Corp (NASDAQ:MATR) opened at 3.65 on Tuesday. Mattersight Corp has a 52 week low of $3.00 and a 52 week high of $4.65. The stock’s market cap is $97.17 million. The stock has a 50 day moving average price of $3.66 and a 200-day moving average price of $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, beating the consensus estimate of ($0.15) by $0.02. The company had revenue of $12.60 million for the quarter, compared to analysts’ expectations of $11.87 million. Mattersight Corp had a negative net margin of 49.83% and a negative return on equity of 36,378.16%. During the same period in the previous year, the company posted ($0.18) EPS. On average, equities analysts anticipate that Mattersight Corp will post ($0.55) EPS for the current fiscal year.

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In other Mattersight Corp news, EVP Christopher Joseph Danson sold 14,640 shares of the business’s stock in a transaction on Friday, February 17th. The shares were sold at an average price of $3.81, for a total value of $55,778.40. Following the transaction, the executive vice president now directly owns 293,103 shares of the company’s stock, valued at approximately $1,116,722.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Tench Coxe acquired 100,000 shares of the company’s stock in a transaction on Wednesday, March 1st. The stock was purchased at an average cost of $3.45 per share, for a total transaction of $345,000.00. The disclosure for this purchase can be found here. Insiders own 30.20% of the company’s stock.

Several large investors have recently modified their holdings of MATR. 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 during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Mattersight Corp during the fourth quarter valued at approximately $1,029,000. Unterberg Capital LLC bought a new stake in shares of Mattersight Corp during the fourth quarter valued at approximately $6,583,000. Finally, 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 during the last quarter. Institutional investors own 37.15% of the company’s stock.

About Mattersight Corp

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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