Company profile

Brent Shafer
Fiscal year end
Former names
Cerner Corp
IRS number

CERN stock data



30 Jul 20
12 Aug 20
31 Dec 20


Company financial data Financial data

Quarter (USD) Jun 20 Mar 20 Dec 19 Sep 19
Revenue 1.33B 1.41B 1.44B 1.43B
Net income 134.75M 147.16M 154.33M 81.94M
Diluted EPS 0.44 0.47 0.49 0.26
Net profit margin 10.13% 10.42% 10.70% 5.73%
Operating income 146.9M 178.38M 182.83M 88.78M
Net change in cash -15.52M -156.43M -54.59M -206.49M
Cash on hand 269.9M 285.41M 441.84M 496.43M
Cost of revenue 211.96M 254.42M 277.39M 271.78M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 5.69B 5.37B 5.14B 4.8B
Net income 529.45M 630.06M 866.98M 636.48M
Diluted EPS 1.65 1.89 2.57 1.85
Net profit margin 9.30% 11.74% 16.86% 13.27%
Operating income 600.67M 774.79M 960.47M 911.01M
Net change in cash 67.72M 3.2M 200.06M -31.52M
Cash on hand 441.84M 374.13M 370.92M 170.86M
Cost of revenue 1.07B 937.35M 854.09M 779.12M

Financial data from Cerner earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
6 Aug 20 Bisbee Gerald E JR Common Stock Sell Dispose S No 69.86 7,456 520.88K 54,716
31 Jul 20 Platt Tracy L Common Stock Sell Dispose S No 71.38 6,948 495.95K 0
27 Jul 20 Platt Tracy L Common Stock Payment of exercise Dispose F No 72.45 3,084 223.44K 6,948
27 Jul 20 Platt Tracy L Common Stock Option exercise Aquire M No 0 10,032 0 10,032
27 Jul 20 Platt Tracy L RSU Common Stock Option exercise Dispose M No 0 10,032 0 20,061
9 Jun 20 David Brent Shafer Common Stock Sell Dispose S No 72.42 12,000 869.04K 0
9 Jun 20 David Brent Shafer Common Stock Aquire X No 61.22 12,000 734.64K 12,000
9 Jun 20 David Brent Shafer NQSO Common Stock Dispose X No 61.22 12,000 734.64K 125,006
9 Jun 20 Dillman Linda M Common Stock Sell Dispose S No 72.32 3,556 257.17K 25,845
82.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 736 750 -1.9%
Opened positions 92 110 -16.4%
Closed positions 106 81 +30.9%
Increased positions 271 246 +10.2%
Reduced positions 256 279 -8.2%
13F shares
Current Prev Q Change
Total value 196.83B 200.44B -1.8%
Total shares 251.97M 255.03M -1.2%
Total puts 2.14M 1.9M +12.3%
Total calls 1.25M 1.84M -32.2%
Total put/call ratio 1.7 1.0 +65.5%
Largest owners
Shares Value Change
Vanguard 34.16M $2.15B +2.1%
BLK BlackRock 23.54M $1.48B +0.1%
STT State Street 14.71M $926.81M +2.0%
BK Bank of New York Mellon 14.5M $913.54M -0.4%
Loomis Sayles & Co L P 12.99M $818.42M -5.2%
Wellington Management 10.25M $645.94M -1.8%
WDR Waddell & Reed Financial 9.27M $583.74M -0.1%
Parnassus Investments 8.52M $536.58M +0.7%
Geode Capital Management 5.56M $349.76M +10.4%
Generation Investment Management 5.21M $328.44M +16.1%
Largest transactions
Shares Bought/sold Change
Fiduciary Management 0 -4.29M EXIT
Norges Bank 0 -3.54M EXIT
Pictet Asset Management 156.87K -1.17M -88.1%
Samlyn Capital 0 -1.13M EXIT
Acadian Asset Management 1.07M +878.16K +451.9%
MKFCF Mackenzie Financial 818.07K +812.17K +13760.9%
Scharf Investments 5.17K -753.31K -99.3%
Generation Investment Management 5.21M +724.79K +16.1%
Loomis Sayles & Co L P 12.99M -709.92K -5.2%
Vanguard 34.16M +703.24K +2.1%

Financial report summary

  • Risks Related to our Industries
  • Risks Related to Our Common Stock
Management Discussion
  • Revenues decreased 7% to $1.33 billion in the second quarter of 2020, as compared to $1.43 billion in the same period of 2019. We believe the decline in revenues is primarily attributable to the impact of the ongoing COVID-19 pandemic on our second quarter 2020 operations, with the largest impact in the areas of licensed software, technology resale, professional services, and reimbursed travel revenues, as further discussed above. Additionally, the second quarter of 2020 includes a $42 million reduction in revenues due to the termination of certain revenue cycle outsourcing contracts effective in the fourth quarter of 2019. These declines are partially offset by increased implementation activity within our federal business, inclusive of ongoing projects with the U.S. Department of Defense and the U.S. Department of Veterans Affairs. In the second quarter of 2020, 17% of our total revenues were attributable to our relationships (as the prime contractor or a subcontractor) with U.S. government agencies, compared to 12% in the same period of 2019. Refer to Note (2) of the Notes for further information regarding revenues disaggregated by our business models.
Content analysis ?
H.S. sophomore Good
New words: absence, Aid, CompuGroup, disposed, divestiture, dynamic, equal, Germany, intensely, KGaA, kicked, metric, portfolio, Relief, remittance, rolled, SE, Spain, transformation, utilization
Removed: adapt, center, efficient, extended, monitor, reorganization, safer, sheet, transitioned