MultiPlan is committed to helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change. Leveraging sophisticated technology, data analytics and a team rich with industry experience, MultiPlan interprets clients' needs and customizes innovative solutions that combine its payment integrity, network-based and analytics-based services. MultiPlan is a trusted partner to over 700 healthcare payors in the commercial health, dental, government and property and casualty markets.
Company profile
Ticker
MPLN, MPLN-WT
Exchange
Website
CEO
Dale A. White
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Alibaba Group Holding • Visa • EBay • DiDi Global • Uber • PayPal • Accenture • Nielsen • Mastercard • Bread Financial ...
Former names
Butler Acquisition Corp, Churchill Capital Corp III
SEC CIK
Corporate docs
Subsidiaries
Polaris Parent LLC • Polaris Intermediate Corp. • MPH Acquisition Corp • DKL Insurance Company, Inc. • MPH Acquisition Holdings LLC • MPH Intermediate Holding Company • MultiPlan Holding Corporation • MultiPlan, Inc. • HST Acquisition Corp. • HSTechnology Solutions, Inc. ...
IRS number
843536151
MPLN stock data
Analyst ratings and price targets
Current price
Average target
$1.68
Low target
$1.00
High target
$2.05
Barclays
Maintains
$1.00
Citigroup
Downgraded
$2.00
Goldman Sachs
Maintains
$2.05
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
8 Dec 22
8-K
MultiPlan Corporation Announces Settlement of Delaware Litigation
17 Nov 22
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
MultiPlan Reports Third Quarter 2022 Results and Updates 2022 Guidance
8 Nov 22
8-K
Other Events
8 Aug 22
10-Q
2022 Q2
Quarterly report
5 Aug 22
8-K
MultiPlan Reports Second Quarter 2022 Results
4 Aug 22
UPLOAD
Letter from SEC
18 May 22
10-Q
2022 Q1
Quarterly report
10 May 22
8-K
MultiPlan Reports First Quarter 2022 Results
10 May 22
Transcripts
MPLN
Earnings call transcript
2022 Q2
7 Aug 22
MPLN
Earnings call transcript
2022 Q1
10 May 22
MPLN
Earnings call transcript
2021 Q4
17 Feb 22
MPLN
Earnings call transcript
2021 Q3
3 Nov 21
MPLN
Earnings call transcript
2021 Q2
7 Aug 21
MPLN
Earnings call transcript
2021 Q1
13 May 21
MPLN
Earnings call transcript
2020 Q4
10 Mar 21
MPLN
Earnings call transcript
2020 Q4
10 Mar 21
Financial summary
| 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 | |
|---|---|---|---|
| Revenue | |||
| Cost of revenue | |||
| Operating income | |||
| Operating margin | |||
| Net income | |||
| Net profit margin | |||
| Cash on hand | |||
| Change in cash | |||
| Diluted EPS |
Institutional ownership, Q3 2022
| 13F holders | Current |
|---|---|
| Total holders | 132 |
| Opened positions | 23 |
| Closed positions | 37 |
| Increased positions | 34 |
| Reduced positions | 51 |
| 13F shares | Current |
|---|---|
| Total value | 1.50 bn |
| Total shares | 777.40 mm |
| Total puts | 363.50 k |
| Total calls | 177.60 k |
| Total put/call ratio | 2.0 |
| Largest owners | Shares | Value |
|---|---|---|
| H&F Corporate Investors VIII | 215.51 mm | $616.37 mm |
| Hellman & Friedman Investors VIII | 215.51 mm | $0.00 |
| Public Investment Fund | 51.25 mm | $146.58 mm |
| Leonard Green & Partners | 38.45 mm | $109.97 mm |
| Green Equity Investors VI | 38.45 mm | $0.00 |
| T. Rowe Price Investment Management | 37.08 mm | $106.05 mm |
| Vanguard | 32.21 mm | $92.12 mm |
| Partners Group Holding | 27.24 mm | $77.91 mm |
| BLK Blackrock | 23.85 mm | $68.21 mm |
| CPV Partners | 19.81 mm | $56.66 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 22 | Mark Tabak | Class A common stock | Payment of exercise | Dispose F | No | No | 1.15 | 15,174 | 17.45 k | 1,023,798 |
| 30 Nov 22 | Mark Tabak | Class A common stock | Payment of exercise | Dispose F | No | No | 1.49 | 15,166 | 22.60 k | 1,038,972 |
| 21 Nov 22 | Anthony Colaluca Jr | Class A common stock | Buy | Acquire P | No | No | 1.4698 | 35,000 | 51.44 k | 101,287 |
| 31 Oct 22 | Mark Tabak | Class A common stock | Payment of exercise | Dispose F | No | No | 2.87 | 15,166 | 43.53 k | 1,054,138 |
News
Analyst Expectations for MultiPlan's Future
18 Jan 23
Barclays Maintains Equal-Weight on MultiPlan, Lowers Price Target to $1
18 Jan 23
Overview Of Value Stocks In The Healthcare Sector
16 Jan 23
Stocks That Hit 52-Week Lows On Thursday
5 Jan 23
Cal-Maine Foods, Amyris And Some Other Big Stocks Moving Lower On Thursday
29 Dec 22
Press releases
MultiPlan Welcomes New Chief People Officer
24 Jan 23
MultiPlan Awards $41,000 to Rural Hospitals
4 Jan 23
Alwyn van Heerden Joins MultiPlan as Vice President of Strategy and Corporate Development
21 Nov 22
MultiPlan Corporation Announces Settlement of Delaware Litigation
17 Nov 22
MultiPlan Corporation Announces Participation at Upcoming Conference
15 Nov 22