Key Data
| Label | Value |
|---|---|
| Exchange | NASDAQ-GS |
| Sector | Health Care |
| Industry | Medical Specialities |
| 1 Year Target | $3.50 |
Similarly, Is Clover Health A Good Investment?
If you’re interested in a speculative investment that could blow up over the next decade, Clover Health is worth a buy today, though it’s quite risky for an insurance company.
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.
Thereof, How many shares does CLOV have?
Share Statistics
| Avg Vol (3 month) 3 | 15.49M |
|---|---|
| Shares Outstanding 5 | 378.53M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 320.76M |
| % Held by Insiders 1 | 10.37% |
How many shares of CLOV are there?
Institutional Ownership and Shareholders
Clover Health Investments Corp Class A (US:CLOV) has 207 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 130,876,788 shares.
Is CLOV profitable?
CLOV earnings show improving profitability and promising 2022 guidance. Q4 results carry some evidence that CLOV’s profitability issues were temporary. At current prices, the company is undervalued, despite its above-average growth.
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.
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.
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 much cash is Clov?
Compare CLOV With Other Stocks
| Clover Health Investments Annual Cash on Hand (Millions of US $) | |
|---|---|
| 2020 | $28 |
| 2019 | $ |
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).
Who owns Clov?
Top 10 Owners of Clover Health Investments Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 6.75% | 25,566,805 |
| Baillie Gifford & Co. | 2.06% | 7,787,680 |
| Two Sigma Investments LP | 1.75% | 6,609,628 |
| PNC Bank, NA (Investment Manageme… | 1.68% | 6,361,917 |
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.
Why is CLOV losing money?
The loss was not unexpected, as Clover is concentrated in underserved areas where COVID-19 and the Delta variant have been hitting all insurance companies with high costs. Revenues for the third quarter came in at $427 million, beating analyst estimates, while net losses reached $61 million.
Why is Clov going 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.
Is Clover a buy?
Hands down the most important reason to buy Clover Health now is the trend toward an improved medical care ratio (MCR). The amount Clover Health shells out to providers is expected to fall significantly this year to a range between 95% and 99% of premiums collected.
Why did Clov stock drop?
The likely culprit: research firm Hindenburg shorted the stock, claiming that the company was the target of an investigation for dubious sales practices. After Hindenburg’s bet, CLOV share price plunged 50% year-to-date by the end of May.
Is Clover Health a real company?
Is Clover Health a Real Company? Yes indeed, Clover Health is a real company with real operations. You can find Clover Health’s principal executive offices in Tennessee, in a town called Franklin. To put it simply, Clover Health is a Medicare Advantage insurer that’s on a mission to improve every life.
Why is CLOV going 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.
Does Citadel own CLOV?
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.
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