Multiplan Corp MPLN Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Aug 07, 2024 (filed on Aug 08, 2024)

Insider Name:

Mintz William B.

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

197,000

Price:

$0.40
Aug 07, 2024 (filed on Aug 07, 2024)

Insider Name:

Dalton Travis

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

500,000

Price:

$0.37
Aug 06, 2024 (filed on Aug 08, 2024)

Insider Name:

Mintz William B.

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

81,165

Price:

$0.31
Aug 06, 2024 (filed on Aug 07, 2024)

Insider Name:

Garis Douglas Michael

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

150,000

Price:

$0.31
Aug 06, 2024 (filed on Aug 07, 2024)

Insider Name:

Garis Douglas Michael

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

1,000,000

Price:

$0.30
Aug 05, 2024 (filed on Aug 07, 2024)

Insider Name:

Garis Douglas Michael

Ownership Type:

Direct Ownership

Securities:

Stock Option

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

4,901,960

Price:

--
Aug 05, 2024 (filed on Aug 07, 2024)

Insider Name:

Garis Douglas Michael

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

3,571,428

Price:

--
Aug 05, 2024 (filed on Aug 07, 2024)

Insider Name:

Mintz William B.

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

1,928,571

Price:

--
May 16, 2024 (filed on May 20, 2024)

Insider Name:

Colaluca Anthony Jr

Ownership Type:

Indirect Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

160,000

Price:

$0.60
Apr 24, 2024 (filed on Apr 26, 2024)

Insider Name:

Klein Michael Stuart

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

172,413

Price:

--

Filings by filing date

Aug 07, 2024 (filed on Aug 08, 2024)

Insider Name:

Mintz William B.

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

197,000

Price:

$0.40
Aug 06, 2024 (filed on Aug 08, 2024)

Insider Name:

Mintz William B.

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

81,165

Price:

$0.31
Aug 07, 2024 (filed on Aug 07, 2024)

Insider Name:

Dalton Travis

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

500,000

Price:

$0.37
Aug 05, 2024 (filed on Aug 07, 2024)

Insider Name:

Garis Douglas Michael

Ownership Type:

Direct Ownership

Securities:

Stock Option

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

4,901,960

Price:

--
Aug 06, 2024 (filed on Aug 07, 2024)

Insider Name:

Garis Douglas Michael

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

150,000

Price:

$0.31
Aug 06, 2024 (filed on Aug 07, 2024)

Insider Name:

Garis Douglas Michael

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

1,000,000

Price:

$0.30
Aug 05, 2024 (filed on Aug 07, 2024)

Insider Name:

Garis Douglas Michael

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

3,571,428

Price:

--
Aug 05, 2024 (filed on Aug 07, 2024)

Insider Name:

Mintz William B.

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

1,928,571

Price:

--
May 16, 2024 (filed on May 20, 2024)

Insider Name:

Colaluca Anthony Jr

Ownership Type:

Indirect Ownership

Securities:

Class A common stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

160,000

Price:

$0.60
Apr 24, 2024 (filed on Apr 26, 2024)

Insider Name:

Klein Michael Stuart

Ownership Type:

Direct Ownership

Securities:

Class A common stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

172,413

Price:

--

News

Biz Brief

Sector: Industrials	Industry: Business Support Services

See Regulatory Filings on SEC

Company Contact

Address:	115 Fifth Avenue NEW YORK NY 10003
Tel:	1-866-9097427
Website:	https://www.multiplan.us
IR:	See website

Key People

Dale A. White Executive Chairman of the Board	Travis S. Dalton President, Chief Executive Officer, Director	Douglas Garis Chief Financial Officer, Executive Vice President, Treasurer
Jerome W. Hogge Chief Operating Officer, Executive Vice President	Carol H. Nutter Chief People Officer, Senior Vice President	Michael C. Kim Senior Vice President, Chief Information Officer
William Mintz Senior Vice President - Corporate Affairs and Strategy

Business Overview

MultiPlan Corporation is a provider of data analytics and technology-enabled end-to-end cost management, as well as payment and revenue integrity solutions to the United States healthcare industry. The Company interprets customer's needs and customizes solutions that combine its payment and revenue integrity, network-based, analytics-based, and data and decision science services. Through its data and technology platform, the Company provides out-of-network cost management, payment and revenue integrity, data and decision science, business-to-business (B2B) healthcare payments and other services to the payors of healthcare, which are primarily health insurers and their administrative-services-only (ASO) platforms, self-insured employers, federal and state government-sponsored health plans and other health plan sponsors, and, indirectly, the plan members who are the consumers of healthcare services. The Company is a partner to over 700 healthcare payors, brokers, and others.

Financial Overview

For the six months ended 30 June 2024, Multiplan Corp revenues decreased 1% to $468M. Net loss increased from $36.2M to $1.12B. Revenues reflect United States segment decrease of 2% to $233.5M. Higher net loss reflects United States segment loss totaling $523.9M vs. income of $34.7M. Basic Earnings per Share excluding Extraordinary Items decreased from -$0.06 to -$1.73.

Employees:	2,800 as of Dec 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$4,633M as of Jun 30, 2024
Annual revenue (TTM):	$954.92M as of Jun 30, 2024
EBITDA (TTM):	$572.52M as of Jun 30, 2024
Net annual income (TTM):	-$1,172M as of Jun 30, 2024
Free cash flow (TTM):	$58.26M as of Jun 30, 2024
Net Debt Last Fiscal Year:	$4,475M as of Jun 30, 2024
Shares outstanding:	645,723,791 as of Jul 22, 2024
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization