In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Mattersight Corp (NASDAQ:MATR) reported that Viex Capital Advisors, Llc has picked up 1,659,443 of common stock as of 2017-07-20.
The acquisition brings the aggregate amount owned by Viex Capital Advisors, Llc to a total of 1,659,443 representing a 5.1% in the company.
For those not familiar with the company, 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. The Company operates through the Behavioral Analytics segment. Its multi-channel technology captures the unstructured data of voice interactions (conversations), related customer and employee data, and employee desktop activity, and applies various algorithms against those interactions. Its Behavioral Analytics offerings help its clients to identify optimal customer/employee behavioral pairing for call routing; identify and understand customer personality, and measure customer satisfaction and agent performance on every analyzed call, among others.
A glance at Mattersight Corps (NASDAQ:MATR)’s key stats reveals a current market capitalization of 81.75 Million based on 32.69 Million shares outstanding and a price at last close of $2.55 per share.
Looking at insider activity, there are a few recent transactions worth noting.
Specifically, on 2017-06-07, Feinberg picked up 50,000 at a purchase price of $2.48. This brings their total holding to 198,177 as of the date of the filing.
On the sell side, the most recent transaction saw Danson unload 22,460 shares at a sale price of $3.63. This brings their total holding to 259,544.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Mattersight Corp (NASDAQ:MATR) as things move forward to see if its progress aligns with these transactions.Subscribe below and we’ll keep you on top of what’s happening before it moves markets.