RJ Pittman of Matterport was named an Inman Power Player for 2025, recognizing his innovative leadership in real estate technology.
Quiver AI Summary
Matterport, Inc., a leader in digital twin technology, announced that its Chairman and CEO, RJ Pittman, has been recognized for the third consecutive year as one of Inman's 2025 Power Players, honoring influential leaders in the real estate sector. This recognition highlights Pittman's role in transforming the industry through innovative solutions, particularly with Matterport's advanced digital twin technology that allows for the creation of detailed 3D models of properties. Under his direction, the company has launched features such as Property Intelligence, which integrates AI to provide essential property data, alongside other advancements that enhance real estate engagement and accessibility. Pittman expressed gratitude for the honor, emphasizing the team's commitment to innovation in real estate.
Potential Positives
- RJ Pittman, Chairman and CEO of Matterport, has been recognized as an Inman Power Player for the third consecutive year, highlighting his influence and leadership within the real estate industry.
- The announcement emphasizes Matterport's role in revolutionizing real estate transactions through innovative digital twin technology and AI-driven tools, showcasing their commitment to industry transformation.
- Recent advancements, such as the introduction of Property Intelligence and features like defurnish, underscore Matterport's position as a leader in proptech innovation, enhancing user experience and efficiency in real estate.
Potential Negatives
- While RJ Pittman’s recognition as an influential leader may enhance the company's public profile, it raises questions about the company's overall financial performance and operational challenges that have not been addressed in the release.
- The press release emphasizes recent advancements and innovations; however, it does not provide any specific metrics or data regarding the impact of these innovations on overall sales or market share, potentially suggesting a performance gap.
- The focus on awards and recognitions might be seen as a distraction from underlying issues the company may be facing in a competitive and rapidly evolving real estate tech market.
FAQ
Who is RJ Pittman?
RJ Pittman is the Chairman and CEO of Matterport, Inc., recognized for his leadership in the real estate industry.
What is the Inman Power Players award?
The Inman Power Players award honors influential leaders in real estate who drive innovation and growth in the industry.
What technologies does Matterport offer?
Matterport provides digital twin technology, creating interactive 3D models of real spaces for enhanced property management and marketing.
What is Property Intelligence?
Property Intelligence is Matterport's advanced AI feature that provides critical data points about properties, improving user insights and transparency.
How does Matterport redefine real estate?
By introducing features like digital decluttering, auto-measurements, and AI-generated descriptions, Matterport transforms real estate engagement and property listing processes.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MTTR Insider Trading Activity
$MTTR insiders have traded $MTTR stock on the open market 33 times in the past 6 months. Of those trades, 0 have been purchases and 33 have been sales.
Here’s a breakdown of recent trading of $MTTR stock by insiders over the last 6 months:
- RAYMOND J PITTMAN (Chief Executive Officer) has made 0 purchases and 5 sales selling 717,216 shares for an estimated $3,253,673.
- JAMES DANIEL FAY (Chief Financial Officer) has made 0 purchases and 8 sales selling 313,624 shares for an estimated $1,415,300.
- JAPJIT TULSI (Chief Technology Officer) has made 0 purchases and 5 sales selling 170,052 shares for an estimated $771,442.
- MATTHEW ZINN (Chief Legal Officer) has made 0 purchases and 5 sales selling 168,883 shares for an estimated $766,143.
- JAY REMLEY (Chief Revenue Officer) has made 0 purchases and 5 sales selling 164,458 shares for an estimated $746,168.
- PETER PRESUNKA (Chief Accounting Officer) has made 0 purchases and 5 sales selling 25,999 shares for an estimated $117,945.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MTTR Hedge Fund Activity
We have seen 93 institutional investors add shares of $MTTR stock to their portfolio, and 106 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ADAGE CAPITAL PARTNERS GP, L.L.C. added 1,489,336 shares (+41.8%) to their portfolio in Q3 2024, for an estimated $6,702,012
- WOODLINE PARTNERS LP added 1,334,039 shares (+inf%) to their portfolio in Q3 2024, for an estimated $6,003,175
- PLATINUM EQUITY, LLC removed 1,275,000 shares (-32.2%) from their portfolio in Q3 2024, for an estimated $5,737,500
- MILLENNIUM MANAGEMENT LLC added 1,142,895 shares (+37.8%) to their portfolio in Q3 2024, for an estimated $5,143,027
- VANGUARD GROUP INC added 1,097,715 shares (+4.2%) to their portfolio in Q3 2024, for an estimated $4,939,717
- SAND GROVE CAPITAL MANAGEMENT LLP added 1,094,879 shares (+112.1%) to their portfolio in Q3 2024, for an estimated $4,926,955
- JPMORGAN CHASE & CO added 1,057,537 shares (+116.3%) to their portfolio in Q3 2024, for an estimated $4,758,916
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SUNNYVALE, Calif., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the global leader in digital twin technology, proudly announces that its Chairman and CEO, RJ Pittman, has been named to the 2025 class of Inman Power Players. This marks the third consecutive year Pittman has been recognized as one of the real estate industry’s most innovative and influential leaders.
The Inman Power Players awards spotlight visionary executives shaping the future of real estate, from residential markets to proptech innovation. The 2025 honorees, including Pittman, are celebrated for driving growth, championing innovation, and elevating the industry to new heights.
Under Pittman’s leadership, Matterport has revolutionized how properties are bought, sold, and managed. Its cutting-edge digital twin technology creates highly precise, interactive 3D models of real-world spaces. The recent introduction of Property Intelligence , powered by advanced AI, enables users to instantly access critical data points such as square footage and room dimensions, delivering unprecedented insights and transparency across the property lifecycle.
“It’s an incredible honor to be recognized among such an inspiring group of leaders,” said RJ Pittman, Chairman and CEO of Matterport. “This achievement underscores the relentless commitment of the entire Matterport team to transforming real estate through innovation. From redefining property listings to empowering agents with the groundbreaking capabilities of Property Intelligence, our digital twin technology is changing how the world engages with real estate.”
Recent advancements from Matterport, including the 2024 Winter and Fall Releases, further solidify its position as a trailblazer in the industry. Game-changing features like defurnish, which digitally declutters spaces with a single click, auto-measurements and property layouts, and AI-driven property descriptions that generate professional listing copy in seconds, continue to redefine what’s possible in real estate.
See the full list of Inman ’s 2025 Power Player honorees, here . To learn more about Matterport’s digital twin solutions, visit: www.matterport.com .
About Matterport
Matterport, Inc. (Nasdaq: MTTR) is leading the digital transformation of the built world. Our groundbreaking spatial data platform turns buildings into data to make nearly every space more valuable and accessible. Millions of buildings in more than 177 countries have been transformed into immersive Matterport digital twins to improve every part of the building lifecycle from planning, construction, and operations to documentation, appraisal and marketing. Learn more at
matterport.com
and browse a gallery of digital twins at
matterport.com/discover
.
Media Contact:
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Investor Contact:
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This press release was published by a CLEAR® Verified individual.
