Cannae Holdings, Inc. (CNNE)

Over the past six months, Cannae Holdings' stock price has declined, with the stock down 25.97% over the past 12 months as of April 10, 2026. Key events impacting the stock include a significant EPS miss in Q4 2025, a quarterly cash dividend announcement of $0.15 per share, and an expansion of the stock repurchase authority to 14.9 million shares. The stock touched new 52-week lows in March and April 2026, amidst broader market selloffs and geopolitical tensions. Insider transactions in March 2026 included routine tax-withholding share dispositions by the CEO and CFO. While some institutional investors increased their stakes, Vanguard reported 0% beneficial ownership in April 2026 following an internal corporate realignment.

Demand seasonality for Cannae Holdings, Inc.'s products and services varies significantly across its different segments. The Restaurant Group experiences seasonality influenced by holidays, weather, and consumer trends. Black Knight Football and Entertainment's demand is tied to football seasons. The Watkins Company sees increased demand for flavoring products around major holidays. Other investments' seasonality depends on their specific industries, with financial services or human capital technology experiencing less pronounced seasonality compared to consumer-facing businesses. Cannae Holdings' overall demand profile is a composite of these varied patterns.

Cannae Holdings, Inc. is a diversified holding company based in Las Vegas, Nevada, that acquires and manages equity interests in various operating businesses. The company operates through segments including a Restaurant Group (O'Charley's and 99 Restaurants), Dun & Bradstreet (until August 2025), Alight, Black Knight Football and Entertainment (BKFE), JANA Partners, and other investments like AmeriLife, Computer Services, Inc. (CSI), Minden Mill Distilling, and The Watkins Company. The Restaurant Group includes O'Charley's, with locations in Southern and Midwestern states, and 99 Restaurants, operating in seven northeastern states. BKFE focuses on building a global network of football clubs, players, and real estate assets.

Cannae Holdings, Inc. is headquartered in Las Vegas, Nevada, serving a primarily North American client base while supporting international growth of select holdings. Its Restaurant Group operates across seven northeastern states and thirteen Southern and Midwestern states in the United States. The Black Knight Football and Entertainment segment has a global reach through its investments in football clubs in England, France, and Portugal. Computer Services, Inc. serves both domestic and foreign customers. The Watkins Company is based in Winona, Minnesota.

Cannae Holdings' brand reputation was affected by a proxy contest with Carronade Capital in late 2025, where Carronade sought to replace four of Cannae's independent directors. Cannae urged shareholders to vote for its nominees, emphasizing its strategic transformation towards proprietary private investments and long-term value creation. The company announced preliminary results of its 2025 Annual Meeting on December 12, 2025, where shareholders were expected to elect Cannae's nominees and approve a proposal to declassify the Board. Cannae is focusing on a strategic transformation, shifting its portfolio towards proprietary private investments, particularly in sports and entertainment.

Cannae Holdings, Inc. has significant institutional ownership, with 182 institutional owners and shareholders holding 39,215,777 shares as of April 9, 2026, representing approximately 73.38% of the company. Individuals hold about 14.98%. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., and others. Recent insider transactions in March 2026 included routine tax-withholding share dispositions by the CEO and CFO.