Cerence Ownership

CRNC Stock  USD 7.20  1.37  23.50%   
Cerence holds a total of 41.92 Million outstanding shares. The majority of Cerence outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cerence to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cerence. Please pay attention to any change in the institutional holdings of Cerence as this could imply that something significant has changed or is about to change at the company. On September 19, 2022, Representative Josh Gottheimer of US Congress acquired under $15k worth of Cerence's common stock.
 
Shares in Circulation  
First Issued
2018-09-30
Previous Quarter
41.8 M
Current Value
41.9 M
Avarage Shares Outstanding
39.6 M
Quarterly Volatility
3.1 M
 
Covid
Some institutional investors establish a significant position in stocks such as Cerence in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Cerence, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
The current year's Dividends Paid is expected to grow to about 221.8 M, whereas Dividend Yield is forecasted to decline to 0.07. The current year's Common Stock Shares Outstanding is expected to grow to about 41.8 M, whereas Net Loss is projected to grow to (265.8 M).
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cerence. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Cerence Stock refer to our How to Trade Cerence Stock guide.

Cerence Stock Ownership Analysis

About 83.0% of the company shares are held by institutions such as insurance companies. The book value of Cerence was currently reported as 3.69. The company has Price/Earnings To Growth (PEG) ratio of 0.96. Cerence recorded a loss per share of 14.12. The entity had not issued any dividends in recent years. Cerence Inc. provides AI powered virtual assistants for the mobilitytransportation market worldwide. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1700 people. For more info on Cerence please contact Brian Krzanich at 857 362 7300 or go to https://www.cerence.com.
Besides selling stocks to institutional investors, Cerence also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Cerence's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Cerence's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Cerence Quarterly Liabilities And Stockholders Equity

702.36 Million

Cerence Insider Trades History

About 6.0% of Cerence are currently held by insiders. Unlike Cerence's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Cerence's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Cerence's insider trades
 
Covid

Cerence Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cerence is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cerence backward and forwards among themselves. Cerence's institutional investor refers to the entity that pools money to purchase Cerence's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Dimensional Fund Advisors, Inc.2024-09-30
874.5 K
Jacobs Levy Equity Management, Inc.2024-09-30
823.4 K
Two Sigma Investments Llc2024-09-30
798 K
Qube Research & Technologies2024-06-30
730.1 K
Goldman Sachs Group Inc2024-06-30
698.7 K
Mirae Asset Global Etfs Holdings Ltd.2024-06-30
547.6 K
Susquehanna International Group, Llp2024-06-30
539.6 K
Two Sigma Advisers, Llc2024-06-30
536.3 K
Raymond James Finl Svs Advisors, Inc.2024-09-30
486.4 K
American Capital Management Inc2024-09-30
3.9 M
Blackrock Inc2024-06-30
3.3 M
Note, although Cerence's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cerence Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cerence insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cerence's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cerence insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Cerence's latest congressional trading

Congressional trading in companies like Cerence, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Cerence by those in governmental positions are based on the same information available to the general public.
2022-09-19Representative Josh GottheimerAcquired Under $15KVerify
2020-06-29Representative Garret GravesAcquired Under $15KVerify

Cerence Outstanding Bonds

Cerence issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cerence uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cerence bonds can be classified according to their maturity, which is the date when Cerence has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Cerence Corporate Filings

8K
21st of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
4th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10th of October 2024
Other Reports
ViewVerify

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cerence offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cerence's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cerence Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cerence Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cerence. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Cerence Stock refer to our How to Trade Cerence Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cerence. If investors know Cerence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cerence listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
(14.12)
Revenue Per Share
8.663
Quarterly Revenue Growth
0.144
Return On Assets
0.0377
The market value of Cerence is measured differently than its book value, which is the value of Cerence that is recorded on the company's balance sheet. Investors also form their own opinion of Cerence's value that differs from its market value or its book value, called intrinsic value, which is Cerence's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cerence's market value can be influenced by many factors that don't directly affect Cerence's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cerence's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cerence is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cerence's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.