Bayesian Capital Management LP purchased a new stake in shares of Clover Health Investments, Corp. (NASDAQ:CLOV – Free Report) in the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 179,000 shares of the company’s stock, valued at approximately $142,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Jupiter Asset Management Ltd. grew its stake in shares of Clover Health Investments by 18.1% during the 1st quarter. Jupiter Asset Management Ltd. now owns 4,525,079 shares of the company’s stock valued at $3,593,000 after purchasing an additional 692,878 shares during the period. Jump Financial LLC purchased a new position in shares of Clover Health Investments during the 4th quarter valued at about $125,000. Turtle Creek Wealth Advisors LLC purchased a new position in Clover Health Investments in the 4th quarter worth approximately $162,000. SignalPoint Asset Management LLC lifted its holdings in Clover Health Investments by 40.3% in the 1st quarter. SignalPoint Asset Management LLC now owns 139,366 shares of the company’s stock worth $111,000 after purchasing an additional 40,000 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in Clover Health Investments by 151.2% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 77,948 shares of the company’s stock worth $62,000 after purchasing an additional 46,912 shares in the last quarter. 19.77% of the stock is currently owned by institutional investors.
Clover Health Investments Price Performance
NASDAQ CLOV opened at $1.80 on Friday. The stock’s 50 day moving average is $1.33 and its 200 day moving average is $1.01. Clover Health Investments, Corp. has a 12 month low of $0.61 and a 12 month high of $1.97.
Clover Health Investments Profile
Clover Health Investments, Corp. provides medicare advantage plans in the United States. It operates through two segments: Insurance and Non-Insurance. It also offers Clover Assistant, a cloud-based software platform, that enables physicians to detect, identify, and manage chronic diseases earlier; and access to data-driven and personalized insights for the patients they treat.
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