cannae holdings, inc. is a principal investment firm. the firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. it takes both minority and majority stakes. cannae holdings, inc. is based in las vegas, nevada.
Company profile
Ticker
CNNE
Exchange
Website
CEO
Richard N. Massey
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Cannae Holdings, LLC • DNB Holdco, LLC • Dun & Bradstreet Holdings, Inc. • Cannae Funding A, LLC • Alight, Inc. • Black Knight Football and Entertainment, LP • Sightline Investor Holdings, LLC • Sightline Payments Holdings LLC • System1, Inc. • RG Group ...
CNNE stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
24 May 24
DEFA14A
Additional proxy soliciting materials
10 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Cannae Holdings, Inc. Announces First Quarter 2024 Financial Results
9 May 24
ARS
2023 FY
Annual report to shareholders
26 Apr 24
DEFA14A
Additional proxy soliciting materials
26 Apr 24
DEF 14A
Definitive proxy
26 Apr 24
PRE 14A
Preliminary proxy
15 Apr 24
SC TO-I/A
Issuer tender offer statement (amended)
4 Apr 24
SC TO-I/A
Issuer tender offer statement (amended)
2 Apr 24
Transcripts
CNNE
Earnings call transcript
2024 Q1
9 May 24
CNNE
Earnings call transcript
2023 Q4
21 Feb 24
CNNE
Earnings call transcript
2023 Q3
7 Nov 23
CNNE
Earnings call transcript
2023 Q2
9 Aug 23
CNNE
Earnings call transcript
2023 Q2
9 Aug 23
CNNE
Earnings call transcript
2023 Q1
9 May 23
CNNE
Earnings call transcript
2022 Q4
22 Feb 23
CNNE
Earnings call transcript
2022 Q3
10 Nov 22
CNNE
Earnings call transcript
2022 Q2
9 Aug 22
CNNE
Earnings call transcript
2022 Q1
10 May 22
Latest ownership filings
4
Richard N Massey
29 May 24
144
Notice of proposed sale of securities
24 May 24
SC 13D/A
Alight, Inc. / Delaware
10 May 24
13F-HR
Quarterly holdings report by institutional manager
9 May 24
4
Richard N Massey
17 Apr 24
144
Notice of proposed sale of securities
17 Apr 24
4
Richard N Massey
11 Apr 24
144
Notice of proposed sale of securities
10 Apr 24
4
Richard N Massey
9 Apr 24
144
Notice of proposed sale of securities
9 Apr 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Operating income | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 238.30 mm | 238.30 mm | 238.30 mm | 238.30 mm | 238.30 mm | 238.30 mm |
Cash burn (monthly) | (no burn) | (no burn) | 13.53 mm | 11.40 mm | 12.00 mm | 8.68 mm |
Cash used (since last report) | n/a | n/a | 27.98 mm | 23.57 mm | 24.81 mm | 17.94 mm |
Cash remaining | n/a | n/a | 210.32 mm | 214.73 mm | 213.49 mm | 220.36 mm |
Runway (months of cash) | n/a | n/a | 15.5 | 18.8 | 17.8 | 25.4 |
Institutional ownership, Q4 2023
9.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 28 |
Opened positions | 4 |
Closed positions | 167 |
Increased positions | 3 |
Reduced positions | 9 |
13F shares | Current |
---|---|
Total value | 114.46 bn |
Total shares | 5.95 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
DAVENPORT & Co | 4.76 mm | $92.83 bn |
Palliser Capital | 337.79 k | $6.59 bn |
Raymond James & Associates | 286.06 k | $5.58 bn |
Assenagon Asset Management | 201.02 k | $3.92 bn |
Triad Investment Management | 178.89 k | $3.49 bn |
Horrell Capital Management | 47.91 k | $935.00 k |
Mirae Asset Global Investments | 34.93 k | $681.52 mm |
Inlet Private Wealth | 20.80 k | $405.81 mm |
Arizona State Retirement System | 19.49 k | $380.15 mm |
First Hawaiian Bank | 13.70 k | $267.37 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 May 24 | Massey Richard N | Common Stock | Sell | Dispose S | No | No | 19.38 | 25,752 | 499.07 k | 248,615 |
17 Apr 24 | Massey Richard N | Common Stock | Sell | Dispose S | No | No | 19.63 | 30,000 | 588.90 k | 274,367 |
10 Apr 24 | Massey Richard N | Common Stock | Sell | Dispose S | No | No | 20.6 | 50,000 | 1.03 mm | 304,367 |
9 Apr 24 | Massey Richard N | Common Stock | Sell | Dispose S | No | No | 20.8213 | 50,000 | 1.04 mm | 354,367 |
5 Apr 24 | Massey Richard N | Common Stock | Sell | Dispose S | No | No | 20.5675 | 23,050 | 474.08 k | 404,367 |
29 Mar 24 | Meinhardt Erika | Common Stock | Grant | Acquire A | No | No | 22.24 | 759 | 16.88 k | 124,685 |
News
Cannae Holdings Q1 2024 GAAP EPS $(1.27) Misses $(0.18) Estimate, Sales $110.700M Miss $126.233M Estimate
9 May 24
Cannae Holdings Reports Final Results Of Modified Dutch Auction Tender Offer
4 Apr 24
Cannae Holdings Announced Preliminary Results of Modified Dutch Auction Tender Offer; 9,682,505 Shares Were Properly Tendered And Not Properly Withdrawn At Or Below A Purchase Price Of $22.95/Share
2 Apr 24
Oppenheimer Maintains Outperform on Cannae Holdings, Raises Price Target to $27
6 Mar 24
Press releases
Cannae Holdings, Inc. Announces Quarterly Cash Dividend of $0.12
9 May 24
Cannae Holdings, Inc. Announces First Quarter 2024 Financial Results
9 May 24
Cannae Holdings, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call
25 Apr 24
Cannae Holdings, Inc. Announces Final Results of Modified Dutch Auction Tender Offer
4 Apr 24
Cannae Holdings, Inc. Announces Preliminary Results of Modified Dutch Auction Tender Offer
2 Apr 24