Cannae Holdings Inc (NYSE: CNNE) is 14.89% higher on its value in year-to-date trading and has touched a low of $15.91 and a high of $22.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CNNE stock was last observed hovering at around $21.6 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $21.91, the stock is 3.29% and 10.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing 1.44% at the moment leaves the stock 13.46% off its SMA200. CNNE registered 10.32% gain for a year compared to 6-month gain of 13.70%. The firm has a 50-day simple moving average (SMA 50) of $19.8856 and a 200-day simple moving average (SMA200) of $19.311.
The stock witnessed a 6.20% loss in the last 1 month and extending the period to 3 months gives it a 27.68%, and is 2.14% 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 1.68% over the week and 1.79% over the month.
Cannae Holdings Inc (CNNE) has around 7317 employees, a market worth around $1.38B and $445.00M in sales. Profit margin for the company is -73.64%. Distance from 52-week low is 37.67% and -2.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.05%).
The EPS is expected to grow by 43.02% this year
278.0 institutions hold shares in Cannae Holdings Inc (CNNE), with institutional investors hold 98.94% of the company’s shares. The shares outstanding are 62.82M, and float is at 55.64M with Short Float at 5.29%. Institutions hold 88.29% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.64 million shares valued at $102.31 million. The investor’s holdings represent 9.0674 of the CNNE Shares outstanding. As of 2024-06-30, the second largest holder is RIVER ROAD ASSET MANAGEMENT, LLC with 5.61 million shares valued at $101.86 million to account for 9.0273 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.49 million shares representing 8.8296 and valued at over $99.62 million, while DAVENPORT & CO LLC holds 6.1664 of the shares totaling 3.84 million with a market value of $69.28 million.
Cannae Holdings Inc (CNNE) Insider Activity
The most recent transaction is an insider sale by Cannae Holdings, Inc., the company’s 10% Owner. SEC filings show that Cannae Holdings, Inc. sold 1,000,000 shares of the company’s common stock on Jun 17 ’25 at a price of $9.06 per share for a total of $9.06 million. Following the sale, the insider now owns 59.05 million shares.
Cannae Holdings Inc disclosed in a document filed with the SEC on May 08 ’25 that Cannae Holdings, Inc. (10% Owner) sold a total of 9,000,000 shares of the company’s common stock. The trade occurred on May 08 ’25 and was made at $8.95 per share for $80.55 million. Following the transaction, the insider now directly holds 60.05 million shares of the CNNE stock.
