CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) Given Average Rating of "Hold" by Brokerages

Key Points

• CCC Intelligent Solutions Holdings Inc. has received an average rating of "Hold" from six research firms, with an average 12-month price target of $11.58.
• Insiders have recently sold a significant amount of shares; Director Lauren Young sold 30 million shares, leading to a 97.19% decrease in her ownership.
• Institutional investors are actively adjusting their positions, with 95.79% of the company's stock now owned by hedge funds and other institutional investors.

Shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS - Get Free Report) have earned a consensus rating of "Hold" from the six research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $11.5833.

Several research firms have commented on CCCS. Barrington Research reissued an "outperform" rating and set a $14.00 price target on shares of CCC Intelligent Solutions in a research report on Monday, August 4th. Barclays dropped their price target on CCC Intelligent Solutions from $12.00 to $11.00 and set an "equal weight" rating on the stock in a research note on Tuesday, October 14th. Finally, Piper Sandler restated a "hold" rating and issued a $10.00 price objective on shares of CCC Intelligent Solutions in a research note on Thursday, August 14th.

Insider Buying and Selling

In other CCC Intelligent Solutions news, Director Lauren Young sold 30,000,000 shares of the company's stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $9.87, for a total value of $296,100,000.00. Following the completion of the transaction, the director owned 866,345 shares in the company, valued at approximately $8,550,825.15. This represents a 97.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider John Page Goodson sold 150,000 shares of the firm's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $9.59, for a total value of $1,438,500.00. Following the sale, the insider owned 157,478 shares in the company, valued at $1,510,214.02. This trade represents a 48.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 60,197,833 shares of company stock worth $594,106,626 over the last ninety days. 6.03% of the stock is owned by corporate insiders.

Institutional Trading of CCC Intelligent Solutions

Institutional investors and hedge funds have recently made changes to their positions in the business. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of CCC Intelligent Solutions during the 2nd quarter valued at approximately $25,000. Osaic Holdings Inc. grew its position in shares of CCC Intelligent Solutions by 293.7% in the second quarter. Osaic Holdings Inc. now owns 3,083 shares of the company's stock valued at $29,000 after purchasing an additional 2,300 shares during the period. Park Place Capital Corp increased its stake in shares of CCC Intelligent Solutions by 47.6% during the second quarter. Park Place Capital Corp now owns 3,806 shares of the company's stock worth $36,000 after purchasing an additional 1,228 shares in the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of CCC Intelligent Solutions during the 1st quarter worth about $37,000. Finally, AlphaQuest LLC purchased a new position in CCC Intelligent Solutions in the 1st quarter valued at about $47,000. 95.79% of the stock is currently owned by hedge funds and other institutional investors.

CCC Intelligent Solutions Price Performance

CCCS stock opened at $9.10 on Friday. The stock has a market cap of $5.93 billion, a PE ratio of 455.23 and a beta of 0.72. The company has a 50-day moving average price of $9.48 and a 200 day moving average price of $9.31. CCC Intelligent Solutions has a 12 month low of $8.14 and a 12 month high of $12.88. The company has a current ratio of 3.19, a quick ratio of 3.19 and a debt-to-equity ratio of 0.39.

CCC Intelligent Solutions (NYSE:CCCS - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.01. CCC Intelligent Solutions had a net margin of 5.02% and a return on equity of 5.35%. The firm had revenue of $260.45 million during the quarter, compared to analyst estimates of $256.21 million. During the same period in the previous year, the firm earned $0.09 earnings per share. The business's revenue was up 12.0% on a year-over-year basis. CCC Intelligent Solutions has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts anticipate that CCC Intelligent Solutions will post 0.17 earnings per share for the current year.

CCC Intelligent Solutions Company Profile

CCC Intelligent Solutions Holdings Inc, operates as a software as a service company for the property and casualty insurance economy in the United States and China. The company's cloud-based software as a service platform connects trading partners, facilitates commerce, and supports mission-critical, artificial intelligence enabled digital workflow across the insurance economy, including insurers, repairers, automakers, parts suppliers, lenders and more.

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