Cannae Holdings (CNNE) Releases Q1 2026 Earnings: Revenue Down, Wider Operating Loss; EPS Improves, Cash Up

Cannae Holdings Inc. (CNNE) reported first-quarter 2026 results. Total revenue declined to $96.2 million, down 6.78% year over year, while gross profit rose slightly to $12.3 million (up 0.82%). Cost of sales was $83.9 million, a decrease of 7.8% versus the prior year.

Operating result: -$22.1 million (worsened 203.27% year over year).

Net result attributable to common shareholders: -$32.1 million (down 71.59% year over year).

Diluted earnings per share: -$0.70 (improved 18.64% year over year).

Cash flow and balance sheet highlights show improved liquidity and lower leverage.

Cash from operating activities improved to $16.0 million (up 75.82% year over year).

Capital expenditures (purchases of property, plant and equipment) were $4.0 million (up 110.53% year over year).

Cash and cash equivalents totaled $135.7 million (up 7.53% year over year), while total liabilities fell to $317.2 million (down 20.64% year over year).

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Cannae Holdings Inc. Insider Trading Activity

Cannae Holdings Inc. insiders have traded $CNNE stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $CNNE stock by insiders over the last 6 months:

PETER T SADOWSKI (EVP, Chief Legal Officer) sold 157 shares for an estimated $1,923

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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Cannae Holdings Inc. Hedge Fund Activity

We have seen 85 institutional investors add shares of Cannae Holdings Inc. stock to their portfolio, and 106 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

NITORUM CAPITAL, L.P. removed 4,834,015 shares (-89.5%) from their portfolio in Q4 2025, for an estimated $76,039,055
RIVER ROAD ASSET MANAGEMENT, LLC removed 1,640,350 shares (-45.6%) from their portfolio in Q1 2026, for an estimated $18,650,779
RUBRIC CAPITAL MANAGEMENT LP removed 1,319,589 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $20,757,134
VANGUARD GROUP INC removed 837,279 shares (-16.5%) from their portfolio in Q4 2025, for an estimated $13,170,398
BLACKROCK, INC. removed 715,556 shares (-13.2%) from their portfolio in Q4 2025, for an estimated $11,255,695
HIGHBRIDGE CAPITAL MANAGEMENT LLC removed 442,713 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $6,963,875
STATE OF WISCONSIN INVESTMENT BOARD added 426,736 shares (+109.6%) to their portfolio in Q4 2025, for an estimated $6,712,557

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

Cannae Holdings Inc. Price Targets

Multiple analysts have issued price targets for $CNNE recently. We have seen 2 analysts offer price targets for $CNNE in the last 6 months, with a median target of $16.5.

Here are some recent targets:

Oscar Nieves from Stephens & Co. set a target price of $17.0 on 04/23/2026
Kenneth S. Lee from RBC Capital set a target price of $16.0 on 02/24/2026