CapEdge
Loading...
Advanced
What's new? Log in Free sign up
  • Home
  • Sectors & IndustriesSectors
  • Earnings
  • IPOs
  • SPACs
  • Transcripts
  • Insider
  • Institutional
  • Crypto
  • Screeners
  • Reddit
  • Splits
  • MODV Dashboard
  • Financials
  • Filings
  • Transcripts
  • ETFs
  • Insider
  • Institutional
  • Shorts
  • News
  • Reddit

ModivCare (MODV)

Company Profile
ModivCare Inc. ('ModivCare') is a technology-enabled healthcare services company, which provides a suite of integrated supportive care solutions for public and private payors and their patients. Its value-based solutions address the social determinants of health (SDoH), enable greater access to care, reduce costs, and improve outcomes. The Company is a leading provider of non-emergency medical transportation (NEMT), personal and home care, and nutritional meal delivery. ModivCare also holds a minority equity interest in CCHN Group Holdings, Inc. and its subsidiaries ('Matrix Medical Network'), which partners with leading health plans and providers nationally, delivering a broad array of assessment and care management services to individuals that improve health outcomes and health plan financial performance.
ModivCare logo

Company profile

Ticker
MODV
Exchange
NASDAQ
Website
modivcare.com
CEO
Daniel Greenleaf
Employees
Incorporated
Delaware
Location
Colorado
Fiscal year end
Dec 31
Sector
Health Care and Social Assistance > Other Individual and Family Services
Industry (SIC)
Transportation Services
Expedia • GXO Logistics • Booking • GATX • RXO • Virgin Galactic • Tuniu • XPO • Despegar.com • Astra Space ...
Former names
PROVIDENCE SERVICE CORP
SEC CIK
0001220754
Corporate docs
Articles of Incorporation & Bylaws
Underwriting Agreements
Plans of Reorganization
Indentures
Material Contracts & Credit Agreements
Subsidiaries Lists
Subsidiaries
ModivCare Solutions, LLC • Circulation, Inc. • Health Trans, Inc. • Provado Technologies, LLC • Red Top Transportation, Inc. • Ride Plus, LLC • Ingeus Investments Limited • Ingeus, LLC • Prometheus Holdco, LLC • Victory Health Holdings, LLC ...
IRS number
860845127

MODV stock data

Latest filings (excl ownership)
View all
8-K
Departure of Directors or Certain Officers
23 Nov 22
10-Q
2022 Q3
Quarterly report
7 Nov 22
8-K
Modivcare Reports Third Quarter 2022
2 Nov 22
8-K
Departure of Directors or Certain Officers
1 Nov 22
8-K
Departure of Directors or Certain Officers
22 Aug 22
10-Q
2022 Q2
Quarterly report
8 Aug 22
8-K
Modivcare Reports Second Quarter 2022
3 Aug 22
8-K
Modivcare Announces Leadership Transition
2 Aug 22
8-K
Results of Operations and Financial Condition
22 Jun 22
S-8
Registration of securities for employees
21 Jun 22
Transcripts
View all
MODV
Earnings call transcript
2022 Q2
7 Aug 22
MODV
Earnings call transcript
2022 Q1
7 May 22
MODV
Earnings call transcript
2021 Q4
25 Feb 22
MODV
Earnings call transcript
2021 Q3
5 Nov 21
MODV
Earnings call transcript
2021 Q2
8 Aug 21
MODV
Earnings call transcript
2021 Q1
9 May 21
MODV
Earnings call transcript
2020 Q3
7 Nov 20
MODV
Earnings call transcript
2020 Q2
9 Aug 20
MODV
Earnings call transcript
2020 Q1
10 May 20
MODV
Earnings call transcript
2019 Q4
29 Feb 20
Latest ownership filings
View all
SC 13G/A
BlackRock Inc.
26 Jan 23
SC 13G
BlackRock Inc.
20 Jan 23
4
Rahul D Samant
4 Jan 23
4
Stacy Saal
4 Jan 23
4
DAVID A COULTER
4 Jan 23
4
Frank J Wright
4 Jan 23
4
Christopher S Shackelton
5 Dec 22
4
L Heath Sampson
23 Nov 22
4
GROVER N. WRAY
31 Oct 22
4
Rebecca Orcutt
27 Oct 22

Financial summary

Financial statements Chart MODV financial data
Quarter (USD) Sep 22 Jun 22 Mar 22 Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
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) 72.73 mm 72.73 mm 72.73 mm 72.73 mm 72.73 mm 72.73 mm
Cash burn (monthly) 5.08 mm 4.50 mm (no burn) (no burn) 1.89 mm (no burn)
Cash used (since last report) 21.86 mm 19.33 mm n/a n/a 8.14 mm n/a
Cash remaining 50.87 mm 53.40 mm n/a n/a 64.59 mm n/a
Runway (months of cash) 10.0 11.9 n/a n/a 34.1 n/a

Beta Read what these cash burn values mean

Financial data from ModivCare earnings reports.

Institutional ownership, Q3 2022

MODV institutional ownership history Ownership history
98.9% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 166 161 +3.1%
Opened positions 25 17 +47.1%
Closed positions 20 28 -28.6%
Increased positions 69 61 +13.1%
Reduced positions 51 60 -15.0%
13F shares Current Prev Q Change
Total value 1.39 bn 15.97 bn -91.3%
Total shares 13.98 mm 14.88 mm -6.0%
Total puts 9.50 k 0.00 NEW
Total calls 10.60 k 0.00 NEW
Total put/call ratio 0.9 – –
Largest owners Shares Value Change
BLK Blackrock 2.02 mm $201.18 mm +1.4%
Coliseum Capital Management 1.28 mm $127.80 mm 0.0%
Vanguard 878.13 k $87.53 mm +1.8%
Fuller & Thaler Asset Management 856.50 k $85.38 mm +2.4%
T. Rowe Price Investment Management 840.65 k $83.80 mm NEW
Silvercrest Asset Management 624.00 k $62.20 mm +45.7%
Renaissance Technologies 540.30 k $53.86 mm -10.6%
Dimensional Fund Advisors 483.24 k $48.17 mm -1.5%
BK Bank Of New York Mellon 386.79 k $38.56 mm -6.1%
Neuberger Berman 383.75 k $38.25 mm +3.9%
Largest transactions Shares Bought/sold Change
T. Rowe Price Investment Management 840.65 k +840.65 k NEW
T. Rowe Price 166.77 k -641.27 k -79.4%
STT State Street 0.00 -446.90 k EXIT
Ophir Asset Management Pty 310.83 k -348.55 k -52.9%
BAC Bank Of America 73.03 k -342.45 k -82.4%
Silvercrest Asset Management 624.00 k +195.81 k +45.7%
JHG Janus Henderson 340.65 k -87.04 k -20.4%
American Century Companies 71.14 k +65.69 k +1206.0%
Renaissance Technologies 540.30 k -64.10 k -10.6%
Loomis Sayles & Co L P 250.71 k +52.48 k +26.5%
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

MODV insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
30 Dec 22 Coulter David A Common Stock Grant Acquire A No No 89.73 257 23.06 k 24,761
30 Dec 22 Wright Frank J Common Stock Grant Acquire A No No 89.73 149 13.37 k 16,031
30 Dec 22 Samant Rahul D Common Stock Grant Acquire A No No 89.73 278 24.94 k 3,079
30 Dec 22 Stacy Saal Common Stock Grant Acquire A No No 89.73 257 23.06 k 3,210
2 Dec 22 Coliseum Capital Management Common Stock Buy Acquire P Yes No 76 1,710 129.96 k 1,372,798
1 Dec 22 Coliseum Capital Management Common Stock, par value $0.001 per share ("Common Stock") Buy Acquire P Yes No 76.09 89,033 6.77 mm 1,371,088
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro
Over $3 Million Bet On G-III Apparel? Check Out These 3 Stocks Insiders Are Buying
6 Dec 22
Although US stocks closed sharply lower on Monday, there were a few notable insider trades.
Stocks That Hit 52-Week Lows On Friday
2 Dec 22
On Friday, 72 companies hit new 52-week lows.

Press releases

From Benzinga Pro
Modivcare to Present at the BofA Securities Home Care Conference 2022
23 Nov 22
Modivcare Inc., (the "Company" or "Modivcare") (NASDAQ:MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today
Finsight
Resources
  • Knowledgebase
  • Log In
  • Register
Company
  • About
  • Contact
  • Solutions
Products
  • Deal Roadshow
  • DealVDR
  • Evercall
  • Finsight.com
CapEdge
  • Earnings Calendar
  • Earnings Transcripts
  • EDGAR Filing Screener
  • IPO Calendar
  • Compliance
  • Privacy
  • Security
  • Terms
AngelList LinkedIn