Cannae Holdings Inc (NYSE:CNNE) shares traded 0.34% higher at $17.83 on Wall Street last session.
CNNE stock price is now 0.31% away from the 50-day moving average and -6.63% away from the 200-day moving average. The market capitalization of the company currently stands at $1.12B.
With the price target of $42, RBC Capital Mkts recently initiated with Outperform rating for Cannae Holdings Inc (NYSE: CNNE). , while ‘Piper Jaffray’ rates the stock as ‘Overweight’
In other news, Cannae Holdings, Inc., 10% Owner sold 9,000,000 shares of the company’s stock on May 08 ’25. The stock was sold for $80,550,000 at an average price of $8.95. Upon completion of the transaction, the 10% Owner now directly owns 60,048,691 shares in the company, valued at $1.07 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 26 ’24, Affiliate Massey Richard N bought 8,799 shares of the business’s stock. A total of $175,252 was incurred on buying the stock at an average price of $19.92. A total of 11.41% of the company’s stock is owned by insiders.
During the past 12 months, Cannae Holdings Inc has had a low of $15.91 and a high of $22.36. As of last week, the company has a debt-to-equity ratio of 0.19, a current ratio of 4.19, and a quick ratio of 4.19. The fifty day moving average price for CNNE is $17.7748 and a two-hundred day moving average price translates $19.09615 for the stock.
The latest earnings results from Cannae Holdings Inc (NYSE: CNNE) was released for 2025-03-31. The net profit margin was -73.64% and return on equity was -12.56% for CNNE. The company reported revenue of $103.2 million for the quarter, compared to $110.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.78 percent.
