Citadel Advisors Llc ownership in CLOV / Clover Health Investments Corp Class A. 2022-02-14 – Citadel Advisors Llc has filed a 13F-HR form disclosing ownership of 3,589,146 shares of Clover Health Investments Corp Class A (US:CLOV) with total holdings valued at $13,352,000 USD as of 2021-12-31.
Similarly Who holds clover stock? Top 10 Owners of Clover Health Investments Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| Ghisallo Capital Management LLC | 1.60% | 5,297,006 |
| Susquehanna Financial Group LLLP | 1.48% | 4,890,383 |
| BlackRock Fund Advisors | 1.44% | 4,764,499 |
| Two Sigma Advisers LP | 1.33% | 4,378,700 |
Who started Clover health? Vivek Garipalli is the co-founder and CEO of Clover Health. Prior to founding Clover, he founded CarePoint Health in 2008, a fully integrated healthcare system in New Jersey.
Additionally, Why is Clover Health stock down?
Key Points. Clover Health is trying to disrupt the Medicare insurance market. The company went public through a SPAC in 2020 but is struggling to manage its costs. The stock is down over 50% since its SPAC merger.
What institutions own Clover health?
Largest shareholders include Vanguard Group Inc, Greenoaks Capital Partners Llc, VTSMX – Vanguard Total Stock Market Index Fund Investor Shares, Baillie Gifford & Co, NAESX – Vanguard Small-Cap Index Fund Investor Shares, Two Sigma Investments, Lp, Pnc Financial Services Group, Inc., BlackRock Inc., Ghisallo Capital …
Is Clover Health a good company? Clover Health Reviews FAQs
Is Clover Health a good company to work for? Clover Health has an overall rating of 4.1 out of 5, based on over 178 reviews left anonymously by employees. 77% of employees would recommend working at Clover Health to a friend and 78% have a positive outlook for the business.
How much is Vivek Garipalli worth? The SPAC listing brought Garipalli’s net worth to at least $1 billion, according to Forbes estimates. In the latest Wall Street fundraising craze, nearly 400 of these so-called blank-check companies have gone public, totaling $127 billion since the beginning of 2020, according to SPAC Track.
Why is Clover Health better? Clover Health’s PPO provider network is broad and open, enabling our members to see any doctor participating in Medicare who is willing to accept them. Many Clover PPO plans have the same low copay for in- and out-of-network providers: $0 copay for PCP visits. $0–$20 copay for specialist visits.
Will Clover recover?
Clover Health stumbled out of the gate. It failed to disclose a government investigation into its business. Shares dropped by nearly half as short sellers revealed that fact. Subsequently, Clover has failed to recover.
Whats happening to Clover Health? Clover Health turned a profit according to generally accepted accounting principles (GAAP) of $12.7 million in 2021 into a $34.5 million loss this year, but even on an adjusted basis, normalized earnings before interest, taxes, depreciation, and amortization (EBITDA) saw the health insurer’s losses nearly double from …
What kind of stock is Clov?
Class A Common Stock (CLOV)
What does Clov company do? provides healthcare insurance services. It uses its proprietary technology platform to collect, structure, and analyze health and behavioral data to improve medical outcomes and lower costs for patients. The company was founded on July 17, 2014 and is headquartered in Franklin, TN.
Does Vanguard own Clov?
Vanguard Group Inc ownership in CLOV / Clover Health Investments Corp Class A. 2022-02-09 – Vanguard Group Inc has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 25,887,351 shares of Clover Health Investments Corp Class A (US:CLOV).
Why Clover Health stock is down?
Key Points. Clover Health is trying to disrupt the Medicare insurance market. The company went public through a SPAC in 2020 but is struggling to manage its costs. The stock is down over 50% since its SPAC merger.
Who are Clover Health competitors? Clover Health competitors include Aflac, Liberty Mutual Insurance, Oscar Health and State Farm Insurance.
Is Clover Health profitable? For full-year 2022, Clover Health is providing the following guidance and commentary: Total revenues are expected to be in the range of $3.0 billion to $3.4 billion. This includes projected MA revenue of $1.0 billion to $1.1 billion and Direct Contracting revenue of $2.0 billion to $2.3 billion.
Is Clover a public company?
On November 15th, Clover Health announced an upsized public offering of about 52.2 million shares at 5.75 per share. With projected gross proceeds of about $300 million, the company plans to spend fresh funds for working capital and general corporate purposes.
What do doctors think about Clover assistant?
Who owns CarePoint health?
In a stunning move, CarePoint Health founder Vivek Garipalli announced the financially stressed hospital system — which includes Bayonne Medical Center, Christ Hospital in Jersey City and Hoboken University Medical Center — will convert from a for-profit to a non-profit system.
How does Clover Health make money? How Does Clover Health Make Money? While Clover could dabble in commercial insurance in the future, the company’s revenue is almost entirely derived from government-sponsored payments. Clover also makes commissions from reinsurance agreements (less than 1% of revenue in FY20).
What kind of company is Clover Health?
Clover Health Investments Corp is a healthcare technology company. It uses its proprietary technology platform to collect, structure, and analyze health and behavioral data to improve medical outcomes and lower costs for patients.
