cerence (nasdaq: crnc) is the global industry leader in creating unique, moving experiences for the mobility world. as an innovation partner to the world’s leading automakers and mobility oems, it is helping advance the future of connected mobility through intuitive, powerful interaction between humans and their cars, two-wheelers, and even elevators, connecting consumers’ digital lives to their daily journeys no matter where they are. cerence’s track record is built on more than 20 years of knowledge and more than 450 million cars shipped with cerence technology. whether it’s connected cars, autonomous driving, e-vehicles, or buildings, cerence is mapping the road ahead. for more information, visit www.cerence.com.
Company profile
Ticker
CRNC
Exchange
Website
CEO
Stefan Ortmanns
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
Cerence LLC
SEC CIK
Corporate docs
Subsidiaries
Cerence AI LLC • Cerence Operating Company • Consolidated Mobile Corporation • VoiceBox Technologies LLC • AMS Solutions Corporation • Multi-Corp International Ltd. • Cerence BVBA • Cerence Acquisition ULC • Cerence Holding Inc. • Cerence Technologies Inc. ...
IRS number
834719946
CRNC stock data
Latest filings (excl ownership)
S-8
Registration of securities for employees
4 Mar 24
S-8
Registration of securities for employees
4 Mar 24
8-K
Cerence Names Daniel Tempesta as Chief Financial Officer
4 Mar 24
8-K
Submission of Matters to a Vote of Security Holders
20 Feb 24
10-Q
2024 Q1
Quarterly report
8 Feb 24
8-K
Cerence Announces First Quarter Fiscal Year 2024 Results
6 Feb 24
ARS
2023 FY
Annual report to shareholders
5 Jan 24
DEFA14A
Additional proxy soliciting materials
5 Jan 24
DEF 14A
Definitive proxy
5 Jan 24
10-K
2023 FY
Annual report
29 Nov 23
Transcripts
CRNC
Earnings call transcript
2024 Q1
6 Feb 24
CRNC
Earnings call transcript
2023 Q4
27 Nov 23
CRNC
Earnings call transcript
2023 Q3
8 Aug 23
CRNC
Earnings call transcript
2023 Q2
9 May 23
CRNC
Earnings call transcript
2023 Q1
8 Feb 23
CRNC
Earnings call transcript
2022 Q3
9 Aug 22
CRNC
Earnings call transcript
2022 Q2
10 May 22
CRNC
Earnings call transcript
2022 Q1
7 Feb 22
CRNC
Earnings call transcript
2021 Q4
22 Nov 21
CRNC
Earnings call transcript
2021 Q3
9 Aug 21
Latest ownership filings
4
Stefan Ortmanns
25 Mar 24
4
THOMAS L BEAUDOIN
22 Mar 24
144
Notice of proposed sale of securities
22 Mar 24
144
Notice of proposed sale of securities
21 Mar 24
4
Daniel David Tempesta
19 Mar 24
3
Daniel David Tempesta
18 Mar 24
4
Stefan Ortmanns
15 Mar 24
144
Notice of proposed sale of securities
14 Mar 24
4
Marcy S Klevorn
16 Feb 24
4
Alfred A Nietzel
16 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Sep 23 | Sep 22 | Sep 21 | Sep 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Institutional ownership, Q3 2023
92.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 212 |
Opened positions | 27 |
Closed positions | 36 |
Increased positions | 68 |
Reduced positions | 66 |
13F shares | Current |
---|---|
Total value | 784.83 bn |
Total shares | 38.70 mm |
Total puts | 75.40 k |
Total calls | 156.60 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 6.65 mm | $135.37 bn |
Vanguard | 5.19 mm | $105.82 bn |
AMP Ameriprise Financial | 3.95 mm | $80.51 bn |
Van Berkom & Associates | 3.13 mm | $63.75 bn |
STT State Street | 1.62 mm | $32.95 bn |
Dimensional Fund Advisors | 1.46 mm | $29.77 bn |
Trigran Investments | 1.07 mm | $21.85 bn |
American Capital Management | 1.03 mm | $20.94 bn |
Geode Capital Management | 850.77 k | $17.33 bn |
Ophir Asset Management Pty | 793.42 k | $16.16 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | Ortmanns Stefan | Common Stock | Sell | Dispose S | No | Yes | 14.8186 | 15,389 | 228.04 k | 537,150 |
18 Mar 24 | Daniel David Tempesta | Common Stock | Grant | Acquire A | No | No | 0.01 | 205,198 | 2.05 k | 307,797 |
18 Mar 24 | Daniel David Tempesta | Common Stock | Grant | Acquire A | No | No | 0.01 | 102,599 | 1.03 k | 102,599 |
14 Mar 24 | Ortmanns Stefan | Common Stock | Sell | Dispose S | No | Yes | 14.734 | 21,446 | 315.99 k | 552,539 |
15 Feb 24 | Klevorn Marcy S | Common Stock | Grant | Acquire A | No | No | 0.01 | 7,196 | 71.96 | 12,481 |
News
Needham Reiterates Buy on Cerence, Maintains $23 Price Target
15 Mar 24
Craig-Hallum Downgrades Cerence to Hold, Announces $22 Price Target
7 Feb 24
Analyst Ratings For Cerence
7 Feb 24
Wedbush Maintains Neutral on Cerence, Raises Price Target to $21
7 Feb 24
Cerence Inc's New Business Included A Win-back for a Large Japanese OEM, a Program Extension for a Major North America OEM, and a Major Win In AIoT for a Wearable Product
6 Feb 24
Press releases
Cerence Names Daniel Tempesta as Chief Financial Officer
4 Mar 24
Cerence Announces First Quarter Fiscal Year 2024 Results
6 Feb 24
Cerence to Announce Fiscal First Quarter Results on February 6, 2024
23 Jan 24
Smart Eye and Cerence to showcase emotionally aware in-car assistant, further advancing the AI-powered immersive companion
9 Jan 24
Volkswagen and Cerence Collaborate to Bring New, Generative AI-Powered Interaction to Drivers
8 Jan 24