ModivCare (MODV)

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

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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8-K

Departure of Directors or Certain Officers

6 Nov 24

Modivcare Reports Third Quarter 2024

6 Nov 24

8-K

Modivcare Announces Credit Agreement Amendment and Cash Collections Update

1 Oct 24

EFFECT

Notice of effectiveness

24 Sep 24

8-K

Modivcare Provides Financial Update

Index to Consolidated Financial Statements

12 Sep 24

8-K

Modivcare Announces Successful Refinancing

2 Jul 24

8-K

Submission of Matters to a Vote of Security Holders

12 Jun 24

Transcripts

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MODV

Earnings call transcript

2024 Q2

8 Aug 24

MODV

Earnings call transcript

2024 Q1

3 May 24

MODV

Earnings call transcript

2023 Q4

23 Feb 24

MODV

Earnings call transcript

2023 Q3

3 Nov 23

MODV

Earnings call transcript

2023 Q2

4 Aug 23

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 Q3

3 Nov 22

MODV

Earnings call transcript

2022 Q2

7 Aug 22

Latest ownership filings

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SC 13D/A

Q Global Capital Management, L.P.

13 Dec 24

SC 13D/A

Coliseum Capital Management, LLC

HG Vora Capital Management, LLC

FULLER & THALER ASSET MANAGEMENT, INC.

12 Nov 24

Financial summary

Financial statements Chart MODV financial data

Quarter (USD)	Sep 24	Dec 23	Sep 23	Jun 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	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

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)	48.88 mm	48.88 mm	48.88 mm	48.88 mm	48.88 mm	48.88 mm
Cash burn (monthly)	(no burn)	(no burn)	11.68 mm	16.67 mm	4.94 mm	7.93 mm
Cash used (since last report)	n/a	n/a	32.68 mm	46.65 mm	13.81 mm	22.18 mm
Cash remaining	n/a	n/a	16.21 mm	2.23 mm	35.07 mm	26.70 mm
Runway (months of cash)	n/a	n/a	1.4	0.1	7.1	3.4

Beta Read what these cash burn values mean

Financial data from ModivCare earnings reports.

Institutional ownership, Q3 2024

MODV institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	108	119	-9.2%
Opened positions	17	23	-26.1%
Closed positions	28	37	-24.3%
Increased positions	39	39	–
Reduced positions	29	50	-42.0%

13F shares	Current	Prev Q	Change
Total value	196.24 bn	375.40 bn	-47.7%
Total shares	15.94 mm	15.84 mm	+0.6%
Total puts	63.50 k	53.60 k	+18.5%
Total calls	82.50 k	128.70 k	-35.9%
Total put/call ratio	0.8	0.4	+84.8%

Largest owners	Shares	Value	Change
Coliseum Capital Management	2.98 mm	$42.59 bn	0.0%
Neuberger Berman	1.96 mm	$28.03 bn	+17.7%
HG Vora Capital Management	1.20 mm	$17.14 bn	NEW
Q Global Capital Management	1.15 mm	$16.60 mm	+50.8%
Q Global Advisors	1.00 mm	$14.31 mm	+63.2%
BLK BlackRock	836.58 k	$11.95 bn	NEW
Barrow Hanley Mewhinney & Strauss	680.03 k	$9.71 bn	-0.5%
Vanguard	656.57 k	$9.38 bn	-1.7%
Millennium Management	590.58 k	$8.43 bn	-29.8%
Aristotle Capital Boston	479.38 k	$6.85 bn	+0.7%

Largest transactions	Shares	Bought/sold	Change
HG Vora Capital Management	1.20 mm	+1.20 mm	NEW
Fuller & Thaler Asset Management	0.00	-895.69 k	EXIT
BLK BlackRock	0.00	-838.26 k	EXIT
BLK BlackRock	836.58 k	+836.58 k	NEW
Silvercrest Asset Management	0.00	-466.88 k	EXIT
Q Global Capital Management	1.15 mm	+388.03 k	+50.8%
Q Global Advisors	1.00 mm	+388.03 k	+63.2%
Neuberger Berman	1.96 mm	+294.85 k	+17.7%
AYAL Capital Advisors	0.00	-262.90 k	EXIT
Madison Avenue Partners	261.51 k	+261.51 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

MODV insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
6 Dec 24	Q Global Capital Management	Common Stock, $0.001 par value per share	Buy	Acquire P	No	No	17.73	9,210	163.29 k	1,967,098
5 Dec 24	Q Global Capital Management	Common Stock, $0.001 par value per share	Buy	Acquire P	No	No	17.57	32,903	578.11 k	1,957,888
4 Dec 24	Q Global Capital Management	Common Stock, $0.001 par value per share	Buy	Acquire P	No	No	17.74	3,352	59.46 k	1,924,985
2 Dec 24	Q Global Capital Management	Common Stock, $0.001 par value per share	Buy	Acquire P	No	No	17.75	1,583	28.10 k	1,921,633
29 Nov 24	Q Global Capital Management	Common Stock, $0.001 par value per share	Buy	Acquire P	No	No	17.745	198	3.51 k	1,920,050
27 Nov 24	Q Global Capital Management	Common Stock, $0.001 par value per share	Buy	Acquire P	No	No	17.74	126	2.24 k	1,919,852
26 Nov 24	Q Global Capital Management	Common Stock, $0.001 par value per share	Buy	Acquire P	No	No	17.67	18,057	319.07 k	1,919,726
25 Nov 24	Q Global Capital Management	Common Stock, $0.001 par value per share	Buy	Acquire P	No	No	17.73	4,308	76.38 k	1,901,669
22 Nov 24	Q Global Capital Management	Common Stock, $0.001 par value per share	Buy	Acquire P	No	No	17.72	8,113	143.76 k	1,897,361
21 Nov 24	Sampson L Heath	Common Stock	Payment of exercise	Dispose F	No	No	17.47	55	960.85	40,344