CLOV is a stock that gained popularity on retail trading sites like Reddit, despite its long-term benefits.
Similarly, Is CLOV a buy Zacks?
How good is it? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Who bought CLOV? Director Chelsea Clinton bought up a large block of shares of the digital-first Medicare Advantage insurer. Clover Health (ticker: CLOV) stock has dropped 41% so far this year, compared with a 9.2% slip in the S&P 500 index.
Thereof, What kind of stock is CLOV?
Class A Common Stock (CLOV)
Is TUEM stock a good buy?
Out of 1 analyst, 0 (0%) are recommending TUEM as a Strong Buy, 1 (100%) are recommending TUEM as a Buy, 0 (0%) are recommending TUEM as a Hold, 0 (0%) are recommending TUEM as a Sell, and 0 (0%) are recommending TUEM as a Strong Sell. What is TUEM’s earnings growth forecast for 2022-2023?
Is Clover a good stock?
Clover projects continuing fast growth in membership as well as operating losses for its full-year 2021 and 2022 reports. Higher member numbers would bring cost efficiencies and contribute to net earnings, which is a big mover of any stock price.
How much did chamath INVEST in CLOV?
(NASDAQ:CLOV) will no doubt be intrigued by the recent purchase of shares by insider Chamath Palihapitiya, who spent a stonking US$10.0m on stock at an average price of US$5.75.
Does Citadel own Clov shares?
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.
How many shares of CLOV exist?
CLOV has 473.27 million shares outstanding. The number of shares has increased by 372.84% in one year.
What is the current short interest on Clov?
Clover Health Investments currently has a short interest ratio of 2.0. Learn More on Clover Health Investments’s short interest ratio.
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.
Is Tuesday morning publicly traded?
We expect to delist from NASDAQ at some point during the proceedings. Our emergence as a public company following the process is to be determined. We will provide adequate disclosures regarding our public company status as necessitated by the court.
How does CLOV 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).
Why is CLOV stock up?
Right now, CLOV stock is up in response to Clinton’s purchase, which investors are viewing as a positive signal. Often times, director trading activity like this is important to track because insiders often have a better view of a company’s long-term growth potential than retail investors.
Why did Clover Health stock go up?
Shares of Clover Health jumped in response to the company’s fourth-quarter earnings call. Clover exceeded expectations and issued guidance for 2022 that was more optimistic than expected. If the health company’s growth trajectory continues as management outlined, the stock could deliver eye-popping returns.
What is Chamath Palihapitiya net worth?
With an estimated net worth of around US$1.2 billion as of April 2021, Palihapitiya is ranked 2,378th in the Forbes list on Billionaires 2021.
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| Chamath Palihapitiya | |
|---|---|
| Born | 3 September 1976 Sri Lanka |
| Citizenship | Canada United States |
| Education | Lisgar Collegiate Institute |
| Alma mater | University of Waterloo |
Why is Clover tanking?
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.
When did CLOV go public?
Funding and IPO
In October 2020, the company announced that it had reached a $3.7 billion deal with Chamath Palihapitiya and would go public through a merger with a special-purpose acquisition company. Clover Health began trading on the NASDAQ under the ticker CLOV on January 8, 2021.
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).
Is Citadel invested in Clover health?
The largest stake in Clover Health Investments, Corp. (NASDAQ:CLOV) was held by Greenoaks Capital, which reported holding $1283.1 million worth of stock at the end of June. It was followed by Citadel Investment Group with a $31.2 million position.
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