Clarivate (CLVT) News Today

Clearline Capital LP boosted its holdings in shares of Clarivate Plc (NYSE:CLVT - Free Report) by 141.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,088,422 shares of the compan

Maverick Capital Ltd. raised its stake in shares of Clarivate Plc (NYSE:CLVT - Free Report) by 401.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 276,515 shares of the company's stock after purchas

Hsbc Holdings PLC purchased a new position in shares of Clarivate Plc (NYSE:CLVT - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 591,096 shares of the company's stock, valued at approximately $3,346

Baupost Group LLC MA raised its stake in Clarivate Plc (NYSE:CLVT - Free Report) by 27.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,929,635 shares of the company's stock after purchasing an add

Edgestream Partners L.P. increased its stake in shares of Clarivate Plc (NYSE:CLVT - Free Report) by 800.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 650,660 shares of the company's stock after acquiring an additional 578,430 sha

Brown Brothers Harriman & Co. lifted its stake in Clarivate Plc (NYSE:CLVT - Free Report) by 37.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,249,260 shares of the company's stock after buying an additional 1,704,761 shares during

Thompson Siegel & Walmsley LLC boosted its position in shares of Clarivate Plc (NYSE:CLVT - Free Report) by 31.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,726,504 shares of the company's stock after acquiring an a

Shares of Clarivate Plc (NYSE:CLVT - Get Free Report) have earned a consensus recommendation of "Hold" from the eight research firms that are currently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendatio

Clarivate (NYSE:CLVT) Trading Down 3.5%

Bank of New York Mellon Corp decreased its position in shares of Clarivate Plc (NYSE:CLVT - Free Report) by 32.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,241,837 shares of the company's stock after selling 1

Clarivate Plc (NYSE:CLVT - Get Free Report) Director Saurabh Saha sold 17,646 shares of the company's stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $6.75, for a total transaction of $119,110.50. Following the transaction, the director now owns 23,741 shares in the company, valued at $160,251.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Raymond James & Associates grew its holdings in shares of Clarivate Plc (NYSE:CLVT - Free Report) by 19.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 7,244,790 shares of the company's stock after acquiring an additional 1,157,976 shares during the quarte

SG Americas Securities LLC bought a new position in shares of Clarivate Plc (NYSE:CLVT - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 247,747 shares of the company's stock, valued at approximately $1,410,000. Other hedg

Clarivate (NYSE:CLVT) Stock Price Up 8.5% on Insider Buying Activity

Clarivate Plc (NYSE:CLVT - Get Free Report) Director Andrew Miles Snyder bought 28,938 shares of the firm's stock in a transaction dated Thursday, August 8th. The stock was purchased at an average cost of $5.49 per share, for a total transaction of $158,869.62. Following the transaction, the director now directly owns 288,334 shares of the company's stock, valued at approximately $1,582,953.66. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Clarivate (NYSE:CLVT - Get Free Report) released its earnings results on Tuesday. The company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.02. The company had revenue of $650.30 million during the quarter, compared to the consensus estimate of $651.94 million. Clarivate had a positive return on equity of 10.11% and a negative net margin of 39.29%. The firm's quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.16 earnings per share.

Clarivate (NYSE:CLVT) Sets New 1-Year Low on Analyst Downgrade

Barclays cut their price target on shares of Clarivate from $6.00 to $5.00 and set an "underweight" rating on the stock in a report on Wednesday.

Clarivate (NYSE:CLVT) updated its FY 2024 earnings guidance. The company provided EPS guidance of 0.700-0.800 for the period, compared to the consensus estimate of 0.740. The company also issued revenue guidance of $2.6 billionillion-$2.7 billionillion, compared to the consensus estimate of $2.6 billionillion.

Vanguard Group Inc. cut its stake in Clarivate Plc (NYSE:CLVT - Free Report) by 2.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,056,160 shares of the company's stock after selling 169,24

Clarivate (NYSE:CLVT) Trading Down 6%

Clarivate (NYSE:CLVT) updated its FY24 earnings guidance. The company provided EPS guidance of $0.70 to $0.80 for the period, compared to the consensus estimate of $0.74.