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)
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
SC TO-I
Issuer tender offer statement
1 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
SC TO-C
Information about tender offer
22 Feb 24
8-K
Cannae Holdings, Inc. Announces Strategic Partnership With JANA Partners
21 Feb 24
8-K
Cannae Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results
21 Feb 24
SC TO-C
Information about tender offer
21 Feb 24
8-K
Cannae Holdings, Inc. Announces William P. Foley Ii As Ceo
14 Feb 24
Transcripts
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 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
CNNE
Earnings call transcript
2021 Q4
18 Feb 22
CNNE
Earnings call transcript
2021 Q3
10 Nov 21
Latest ownership filings
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
144
Notice of proposed sale of securities
9 Apr 24
4
Erika Meinhardt
2 Apr 24
4
FRANK R MARTIRE
2 Apr 24
4
Hugh R Harris
2 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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) | 58.10 mm | 58.10 mm | 58.10 mm | 58.10 mm | 58.10 mm | 58.10 mm |
Cash burn (monthly) | 18.20 mm | 26.08 mm | 17.30 mm | 9.58 mm | 6.63 mm | 4.51 mm |
Cash used (since last report) | 123.47 mm | 176.96 mm | 117.37 mm | 64.96 mm | 45.00 mm | 30.59 mm |
Cash remaining | -65.37 mm | -118.86 mm | -59.27 mm | -6.86 mm | 13.10 mm | 27.51 mm |
Runway (months of cash) | -3.6 | -4.6 | -3.4 | -0.7 | 2.0 | 6.1 |
Institutional ownership, Q3 2023
92.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 191 |
Opened positions | 34 |
Closed positions | 22 |
Increased positions | 62 |
Reduced positions | 55 |
13F shares | Current |
---|---|
Total value | 1.08 tn |
Total shares | 57.87 mm |
Total puts | 2.40 k |
Total calls | 5.80 k |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 6.86 mm | $127.95 bn |
BLK Blackrock | 6.32 mm | $117.77 bn |
River Road Asset Management | 5.64 mm | $105.14 bn |
DAVENPORT & Co | 4.70 mm | $87.53 bn |
Newtyn Management | 2.87 mm | $53.47 bn |
Nitorum Capital | 2.57 mm | $47.92 bn |
FMR | 2.38 mm | $44.37 bn |
STT State Street | 1.61 mm | $29.99 bn |
Geode Capital Management | 1.43 mm | $26.64 bn |
Dimensional Fund Advisors | 1.36 mm | $25.27 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
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 |
29 Mar 24 | Martire Frank R | Common Stock | Grant | Acquire A | No | No | 22.24 | 1,125 | 25.02 k | 189,379 |
News
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
Cannae Holdings to Wind Down Management Services Agreement with Trasimene Capital Management, $7.6M Payable for Each of the Following 3 Years, and a $20M Termination Fee
27 Feb 24
12 Financials Stocks Moving In Thursday's Pre-Market Session
22 Feb 24
Press releases
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
Cannae Holdings, Inc. Commences Cash Tender Offer to Purchase Up to $200 Million in Value of Shares of its Common Stock
1 Mar 24
Cannae Holdings, Inc. Expands Board of Directors
27 Feb 24
Cannae Holdings, Inc. Announces Agreement to Wind Down Management Services Agreement
27 Feb 24