Clarivate (CLVT)

• Market cap: $3.54B
• 1 day: 1.63%
• 5 days: -7.95%
• 1 month: -2.16%
• 3 months: -28.24%
• 6 months: -8.96%
• Year to date: -45.15%
• 1 year: -44.23%
• 5 years: -71.18%
• 10 years: -63.06%
• Sector: Information Technology
• Industry: Computer Processing & Data Preparation

About: Clarivate is a data, information, and software workflow solutions company serving customers primarily in academia, government, law, life sciences, and healthcare. The company was formerly part of Thomson Reuters before being sold to private equity as an independent company in 2016. In 2019, Clarivate went public on the New York Stock Exchange. Around half of the company's revenue is generated in the Americas while Europe, Middle East, and Africa account for around a quarter.

Employees: 12,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

24% more capital invested

Capital invested by funds: $3.63B [Q2] → $4.49B (+$862M) [Q3]

9% more funds holding in top 10

Funds holding in top 10: 11 [Q2] → 12 (+1) [Q3]

6% more call options, than puts

Call options by funds: $120K | Put options by funds: $113K

0.75% less ownership

Funds ownership: 88.05% [Q2] → 87.3% (-0.75%) [Q3]

1% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 67

3% less funds holding

Funds holding: 206 [Q2] → 199 (-7) [Q3]

18% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 39

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4 20% downside
• Avg. target: $5 0% upside
• High target: $6 20% upside

2 analyst ratings

• positive: 0 0%
• neutral: 1 50%
• negative: 1 50%

RBC Capital Ashish Sabadra 65% 1-year accuracy 33 / 51 met price target	20% upside $6	Sector Perform Maintained	7 Nov 2024
Barclays Manav Patnaik 59% 1-year accuracy 23 / 39 met price target	20% downside $4	Underweight Maintained	7 Nov 2024