Published on 29 Jun 2022 on Insider Monkey via Yahoo Finance

Here’s What Makes Anaplan (PLAN) a Great Investment Choice

Carillon Tower Advisers, an investment management firm, published its “Carillon Eagle Mid Cap Growth Fund” first quarter 2022 investor letter – a copy of which can be downloaded here. Mid-cap stocks overall posted solid gains in the final quarter of 2021. As was the case for the majority of the year, the Russell Midcap® Growth Index (up 2.85%) lagged behind its Russell Midcap® Value Index (up 8.54%) counterpart.  Try to spend some time taking a look at the fund’s top 5 holdings to be informed about their best picks for 2022.

In its Q1 2022 investor letter, Carillon Eagle Mid Cap Growth Fund mentioned Anaplan, Inc. (NYSE:PLAN) and explained its insights for the company. Founded in 2006, Anaplan, Inc. (NYSE:PLAN) is a San Francisco, California-based business planning software company with a $9.5 billion market capitalization. Anaplan, Inc. (NYSE:PLAN) delivered a -31.65% return since the beginning of the year, while its 12-month returns are down by -25.00%. The stock closed at $63.73 per share on June 28, 2022.

Here is what Carillon Eagle Mid Cap Growth Fund has to say about Anaplan, Inc. (NYSE:PLAN) in its Q1 2022 investor letter: