Here is a breakdown of major shareholders in MultiPlan Corp (NYSE: MPLN)

MultiPlan Corp (NYSE: MPLN) is -24.31% lower on its value in year-to-date trading and has touched a low of $0.61 and a high of $2.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MPLN stock was last observed hovering at around $1.05 in the last trading session, with the day’s gains setting it 0.04%.

Currently trading at $1.09, the stock is -0.32% and -15.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 3.81% at the moment leaves the stock -29.54% off its SMA200. MPLN registered -10.66% loss for a year compared to 6-month loss of -47.60%. The firm has a 50-day simple moving average (SMA 50) of $5.43 and a 200-day simple moving average (SMA200) of $168.20.

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The stock witnessed a -12.80% gain in the last 1 month and extending the period to 3 months gives it a -24.31%, and is 3.81% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.02% over the week and 6.87% over the month.

MultiPlan Corp (MPLN) has around 2500 employees, a market worth around $707.94M and $958.48M in sales. Profit margin for the company is -74.12%. Distance from 52-week low is 78.57% and -52.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-11.23%).

MultiPlan Corp quarterly earnings per share for the current quarter are estimated at -$0.05 with sales reaching $247.03M over the same period.The EPS is expected to grow by 83.74% this year, but quarterly earnings will post -10.70% year-over-year. Quarterly sales are estimated to grow 2.50% in year-over-year returns.

155 institutions hold shares in MultiPlan Corp (MPLN), with institutional investors hold 91.22% of the company’s shares. The shares outstanding are 639.17M, and float is at 287.98M with Short Float at 5.04%. Institutions hold 86.80% of the Float.

The top institutional shareholder in the company is H&F Corporate Investors VIII, Ltd. with over 215.51 million shares valued at $454.74 million. The investor’s holdings represent 33.18% of the MPLN Shares outstanding. As of Jun 29, 2023, the second largest holder is Public Investment Fund with 51.25 million shares valued at $108.14 million to account for 7.89% of the shares outstanding. The other top investors are Leonard Green & Partners, L.P. which holds 38.45 million shares representing 5.92% and valued at over $81.13 million, while Vanguard Group Inc holds 5.75% of the shares totaling 37.36 million with a market value of $78.83 million.

MultiPlan Corp (MPLN) Insider Activity

A total of 0 insider transactions have happened at MultiPlan Corp (MPLN) in the last six months, with sales accounting for 0 and purchases happening 0 times.