modivcare is a healthcare services leader. our company was created to address the social determinants of health (sdoh) by providing non-emergency medical transportation (nemt), personal care, nutritious meals, and remote patient monitoring. we provide integrated technologies that support care solutions for payors and their members – leading to greater access to care, reduced costs, and improved outcomes.

Company profile
Ticker
MODV
Exchange
Website
CEO
Daniel Greenleaf
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Booking • Expedia • GXO Logistics • GATX • RXO • XPO • Virgin Galactic • Tuniu • Despegar.com • Lindblad Expeditions ...
Former names
PROVIDENCE SERVICE CORP
SEC CIK
Corporate docs
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)
8-K
Modivcare Announces Barbara Gutierrez to Join as Chief Financial Officer
23 Aug 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
8-K
Modivcare Reports Second Quarter 2023
3 Aug 23
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
26 Jun 23
8-K
Amendments to Articles of Incorporation or Bylaws
15 Jun 23
DEFA14A
Additional proxy soliciting materials
7 Jun 23
8-K
Settlement Agreement and General Release of All Claims
18 May 23
DEFA14A
Additional proxy soliciting materials
8 May 23
10-Q
2023 Q1
Quarterly report
3 May 23
8-K
First Quarter 2023 Financial Results
3 May 23
Transcripts
MODV
Earnings call transcript
2023 Q2
4 Aug 23
MODV
Earnings call transcript
2023 Q1
4 May 23
MODV
Earnings call transcript
2022 Q4
23 Feb 23
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
Latest ownership filings
4
BARBARA GUTIERREZ
20 Sep 23
3
BARBARA GUTIERREZ
20 Sep 23
4
L Heath Sampson
19 Sep 23
SC 13D/A
Coliseum Capital Management, LLC
18 Sep 23
4
Christopher S Shackelton
15 Sep 23
SC 13D/A
Coliseum Capital Management, LLC
13 Sep 23
4
Christopher S Shackelton
13 Sep 23
SC 13D/A
Coliseum Capital Management, LLC
11 Sep 23
4
Christopher S Shackelton
11 Sep 23
4
Henry Toledo
7 Sep 23
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
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) | 7.47 mm | 7.47 mm | 7.47 mm | 7.47 mm | 7.47 mm | 7.47 mm |
Cash burn (monthly) | 1.97 mm | 6.71 mm | 64.24 mm | 15.09 mm | 36.07 mm | 14.38 mm |
Cash used (since last report) | 5.55 mm | 18.89 mm | 180.88 mm | 42.49 mm | 101.57 mm | 40.48 mm |
Cash remaining | 1.92 mm | -11.43 mm | -173.41 mm | -35.03 mm | -94.10 mm | -33.01 mm |
Runway (months of cash) | 1.0 | -1.7 | -2.7 | -2.3 | -2.6 | -2.3 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 148 |
Opened positions | 26 |
Closed positions | 37 |
Increased positions | 59 |
Reduced positions | 45 |
13F shares | Current |
---|---|
Total value | 658.38 bn |
Total shares | 14.70 mm |
Total puts | 16.10 k |
Total calls | 4.10 k |
Total put/call ratio | 3.9 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.06 mm | $93.01 bn |
Coliseum Capital Management | 1.67 mm | $75.41 bn |
T. Rowe Price Investment Management | 1.15 mm | $52.70 bn |
Vanguard | 923.78 k | $41.76 bn |
Fuller & Thaler Asset Management | 918.63 k | $41.53 bn |
Neuberger Berman | 681.20 k | $30.80 bn |
Silvercrest Asset Management | 648.56 k | $29.32 bn |
STT State Street | 533.61 k | $24.12 bn |
Renaissance Technologies | 473.96 k | $21.68 bn |
Dimensional Fund Advisors | 465.79 k | $21.06 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Sep 23 | Barbara Gutierrez | Common Stock | Grant | Acquire A | No | No | 0 | 8,573 | 0.00 | 8,573 |
18 Sep 23 | Barbara Gutierrez | RSU Common Stock | Grant | Acquire A | No | No | 0 | 12,860 | 0.00 | 12,860 |
15 Sep 23 | Sampson L Heath | Common Stock | Buy | Acquire P | No | No | 34.574 | 3,500 | 121.01 k | 27,966 |
15 Sep 23 | Coliseum Capital Management | Common Stock | Buy | Acquire P | Yes | No | 35.7 | 4,362 | 155.72 k | 2,982,751 |
15 Sep 23 | Coliseum Capital Management | Common Stock | Buy | Acquire P | Yes | No | 35.25 | 152,801 | 5.39 mm | 2,978,389 |
15 Sep 23 | Coliseum Capital Management | Common Stock | Buy | Acquire P | Yes | No | 34.13 | 47,216 | 1.61 mm | 2,825,588 |
13 Sep 23 | Coliseum Capital Management | Common Stock | Buy | Acquire P | Yes | No | 29.25 | 96,441 | 2.82 mm | 2,778,372 |
13 Sep 23 | Coliseum Capital Management | Common Stock, par value $0.001 per share ("Common Stock") | Buy | Acquire P | Yes | No | 28.66 | 29,396 | 842.49 k | 2,681,931 |
12 Sep 23 | Coliseum Capital Management | Common Stock | Buy | Acquire P | Yes | No | 28.5 | 79,726 | 2.27 mm | 2,652,535 |
11 Sep 23 | Coliseum Capital Management | Common Stock | Buy | Acquire P | Yes | No | 31 | 101,439 | 3.14 mm | 2,572,809 |
News
Modivcare Announces Successful Implementation Of AI Automated Omnichannel Cloud Solution To Improve NEMT Member Experience
18 Sep 23
Over $26M Bet On This Biotechnology Stock? Check Out These 4 Stocks Insiders Are Buying
18 Sep 23
Over $6M Bet On ModivCare? Check Out These 3 Stocks Insiders Are Buying
14 Sep 23
Stocks That Hit 52-Week Lows On Wednesday
6 Sep 23
Stocks That Hit 52-Week Lows On Tuesday
5 Sep 23
Press releases
Modivcare to Present at the Deutsche Bank 31st Annual Leveraged Finance Conference
21 Sep 23
Modivcare Announces Successful Implementation of AI Automated Omnichannel Cloud Solution to Improve NEMT Member Experience
18 Sep 23
Modivcare Appoints Henry "Enrique" Toledo as Chief People Officer
5 Sep 23
Modivcare Reports Second Quarter 2023 Financial Results and Adjusts 2023 Guidance
3 Aug 23