MultiPlan (MPLN)

• Market cap: $260M
• 1 day: 8.29%
• 5 days: 23.43%
• 1 month: 127.30%
• 3 months: 32.70%
• 6 months: -4.35%
• Year to date: 24.09%
• 1 year: -64.76%
• 5 years: -95.87%
• 10 years: -95.87%
• Sector: Industrials
• Industry: Business Services

About: MultiPlan Corp is a provider of data analytics and technology-enabled solutions designed to bring affordability, efficiency, and fairness to the U.S. healthcare industry. The company interprets clients' needs and customizes solutions that combine its payment integrity, network-based, and analytics-based services. The Company's focus is being a value-added provider of data analytics and technology-enabled end-to-end cost management, payment and revenue integrity solutions to the U.S. healthcare industry.

Employees: 2,800

Fund manager confidence

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

3.64% less ownership

Funds ownership: 76.94% [Q2] → 73.3% (-3.64%) [Q3]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]

25% less call options, than puts

Call options by funds: $107K | Put options by funds: $143K

45% less funds holding

Funds holding: 109 [Q2] → 60 (-49) [Q3]

53% less capital invested

Capital invested by funds: $193M [Q2] → $90.4M (-$102M) [Q3]

87% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 54

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 53

Research analyst outlook

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

• Low target: $12.50 22% downside
• Avg. target: $12.50 22% downside
• High target: $12.50 22% downside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Citigroup Daniel Grosslight 39% 1-year accuracy 9 / 23 met price target

22% downside $12.50

Neutral Maintained

10 Jan 2025