Far From Profitable
Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for 2021 is expected to fall between negative $230 million and $250 million. Uncertainty over how long it may take for Clover to achieve profitability has led investors to abandon the stock.
Similarly, Should I hold CLOV?
The consensus among Wall Street analysts is that investors should « hold » Clover Health Investments stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CLOV, but not buy additional shares or sell existing shares.
Is CLOV undervalued? 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.
Thereof, Will Clover health 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.
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.
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.
Who holds CLOV?
Top 10 Owners of Clover Health Investments Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| Two Sigma Investments LP | 2.00% | 6,609,628 |
| PNC Bank, NA (Investment Manageme… | 1.93% | 6,361,917 |
| Ghisallo Capital Management LLC | 1.60% | 5,297,006 |
| Susquehanna Financial Group LLLP | 1.48% | 4,890,383 |
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 |
How much of CLOV is owned by Citadel?
Citadel Securities also executes about 13 percent of U.S. consolidated volume in equities and 28 percent of U.S. retail equities volume.
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 kind of stock is CLOV?
Class A Common Stock (CLOV)
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).
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 kind of stock is Clov?
Class A Common Stock (CLOV)
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.
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 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.
What are the most shorted stocks?
Most Shorted Stocks Right Now
- Nikola Corporation (NASDAQ:NKLA) Number of Hedge Fund Holders: 12. Float Shorted: 30.02% …
- Bed Bath & Beyond Inc. (NASDAQ:BBBY) Number of Hedge Fund Holders: 17. …
- SmileDirectClub, Inc. (NASDAQ:SDC) Number of Hedge Fund Holders: 18. …
- Beyond Meat, Inc. (NASDAQ:BYND) …
- Lemonade, Inc. (NYSE:LMND)
Who owns CLOV float?
CLOV Stock Price | Clover Health Investments Corp. Cl A Stock Quote (U.S.: Nasdaq) | MarketWatch.
What stocks have the highest short interest?
High Short Interest Stocks
| Ticker | Company | ShortInt |
|---|---|---|
| BYND | Beyond Meat Inc | 40.60% |
| GOGO | Gogo Inc | 39.18% |
| ICPT | Intercept Pharmaceuticals Inc | 35.97% |
| BLNK | Blink Charging Co | 35.29% |
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.
How many flagship clients does Vanguard have?
The company has around 60,000 flagship clients among its 25 million individual account holders. Vanguard has now set up formal spaces where flagship investors can make appointments with staff for an « improved » experience, spokeswoman Arianna Stefanoni Sherlock confirms.
Why did I get a letter from Vanguard?
Vanguard sends confirmation letters or emails when changes occur on your account. You can also sign up to receive account activity alerts via text for more immediate notification.
How long does it take to get a check from Vanguard?
It typically takes 7-10 business days for Vanguard to receive the check. You can send a cashier’s check, bank check, or money order, but not a personal check.
Join TheMoney.co community and don’t forget to share this post !
