Clarivate Plc (NYSE: CLVT) is -18.31% lower on its value in year-to-date trading and has touched a low of $4.17 and a high of $7.77 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 CLVT stock was last observed hovering at around $4.21 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $4.15, the stock is -12.36% and -17.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.93 million and changing -1.43% at the moment leaves the stock -28.43% off its SMA200. CLVT registered -42.20% loss for a year compared to 6-month loss of -37.50%.
The stock witnessed a -23.43% gain in the last 1 month and extending the period to 3 months gives it a -27.95%, and is -7.16% down 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 5.17% over the week and 5.38% over the month.
Clarivate Plc (CLVT) has around 12000 employees, a market worth around $2.87B and $2.56B in sales. Fwd P/E is 5.96. Profit margin for the company is -26.13%. Distance from 52-week low is -0.48% and -46.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.88%).
with sales reaching $570.44M over the same period.The EPS is expected to shrink by -11.22% this year, but quarterly earnings will post -8.15% year-over-year. Quarterly sales are estimated to shrink -8.17% in year-over-year returns.
Clarivate Plc (CLVT) Top Institutional Holders
The shares outstanding are 691.40M, and float is at 402.72M with Short Float at 10.28%.
The top institutional shareholder in the company is LEONARD GREEN & PARTNERS, L.P. with over 116.67 million shares valued at $663.83 million. The investor’s holdings represent 17.0167% of the CLVT Shares outstanding. As of 2024-06-30, the second largest holder is EXOR N.V. with 67.29 million shares valued at $$382.91 million to account for 9.8155 of the shares outstanding. The other top investors are CLARKSTON CAPITAL PARTNERS, LLC which holds 66.82 million shares representing 9.7465% and valued at over $380.22 million, while IMPACTIVE CAPITAL LP holds 6.1278 of the shares totaling 42.01 million with a market value of $239.05 million.
Clarivate Plc (CLVT) Insider Activity
A total of 0 insider transactions have happened at Clarivate Plc (CLVT) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider purchase by Angelakis Michael J,the company’sDirector. SEC filings show that Angelakis Michael J bought 1,500,000 shares of the company’s common stock on Nov 20 ’24 at a price of $5.11 per share for a total of $7.67 million. Following the purchase, the insider now owns 1.5 million shares.
Clarivate Plc disclosed in a document filed with the SEC on Nov 21 ’24 that Angelakis Michael J (Director) bought a total of 1,200,000 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $5.19 per share for $6.23 million. Following the transaction, the insider now directly holds 2.7 million shares of the CLVT stock.
Still, SEC filings show that on Nov 22 ’24, Angelakis Michael J (Director) acquired 765,000 shares at an average price of $5.19 for $3.97 million. The insider now directly holds 3,465,000 shares of Clarivate Plc (CLVT).
