Nvidia among investors in xAI’s $20 bln capital raise- Bloomberg
Director John D. Chandler of Matrix Service Co (NASDAQ:MTRX) acquired 2,300 shares of common stock on September 16, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at a weighted average price of $12.7448, in multiple transactions with prices ranging from $12.71 to $12.7851, for a total value of $29313. According to InvestingPro analysis, MTRX appears undervalued, with analysts setting price targets between $16 and $17.
Following the transaction, Chandler directly owns 78,053 shares of Matrix Service Co . With a market capitalization of $358 million and a "Fair" financial health score from InvestingPro, the company shows promising metrics including strong free cash flow yield and expected net income growth. Get deeper insights into insider trading patterns and 8+ additional exclusive ProTips with an InvestingPro subscription.
In other recent news, Matrix Service Company reported its fourth-quarter fiscal results for 2025, which fell short of analyst expectations. The company posted an earnings per share (EPS) of -$0.28, a significant miss compared to the forecasted $0.33. Revenue also disappointed, coming in at $216.4 million, well below the anticipated $286.3 million. Following these results, DA Davidson adjusted its price target for Matrix Service, lowering it from $18.00 to $17.00, while maintaining a Buy rating on the stock. This revision was prompted by the company’s underwhelming financial performance. These developments reflect the recent challenges faced by Matrix Service, as analysts and investors assess the impact of the earnings report.
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