Clover Health InvestmentsCLOV
About: Clover Health Investments Corp is a healthcare technology company. It focuses on empowering Medicare physicians to proactively manage chronic diseases through its proprietary software platform, Clover Assistant. This cloud-based solution provides personalized insights to physicians, enabling early detection and management of chronic conditions. Operating in two segments, Insurance and Non-Insurance, Clover Health offers PPO and HMO plans to Medicare Advantage members in multiple states through its Insurance segment. In the Non-Insurance segment, the company participates in the ACO REACH Model. The majority of revenue is generated from the insurance segment, reflecting the significance of its healthcare insurance offerings.
Employees: 552
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
155% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 22
153% more capital invested
Capital invested by funds: $91.5M [Q2] → $232M (+$140M) [Q3]
124% more call options, than puts
Call options by funds: $20.7M | Put options by funds: $9.28M
26% more funds holding
Funds holding: 124 [Q2] → 156 (+32) [Q3]
1.87% more ownership
Funds ownership: 18.29% [Q2] → 20.16% (+1.87%) [Q3]
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Craig-Hallum Matt Hewitt 54% 1-year accuracy 13 / 24 met price target | 60%upside $6 | Buy Initiated | 17 Dec 2024 |
Financial journalist opinion
Based on 6 articles about CLOV published over the past 30 days
