CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• CCC Intelligent Solutions Holdings Inc. has received a consensus rating of "Hold" from six brokerages, with an average 12-month target price of $11.75.
• Director Lauren Young sold 30 million shares at an average price of $9.87, marking a significant 97.19% decrease in their position.
• The company reported earnings of $0.09 per share for the last quarter, exceeding analysts' expectations and marking a 12.0% increase in revenue compared to the same quarter last year.

CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS - Get Free Report) has earned a consensus rating of "Hold" from the six brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $11.75.

CCCS has been the subject of several analyst reports. JPMorgan Chase & Co. downgraded CCC Intelligent Solutions from a "neutral" rating to an "underweight" rating and set a $10.00 price target for the company. in a report on Monday, June 23rd. Barrington Research restated an "outperform" rating and set a $14.00 price target on shares of CCC Intelligent Solutions in a report on Monday, August 4th. Piper Sandler restated a "hold" rating and set a $10.00 price target on shares of CCC Intelligent Solutions in a report on Thursday, August 14th. Finally, Barclays raised their price target on CCC Intelligent Solutions from $11.00 to $12.00 and gave the company an "equal weight" rating in a report on Friday, August 1st.

Insider Buying and Selling

In related news, Director Lauren Young sold 30,000,000 shares of CCC Intelligent Solutions stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $9.87, for a total value of $296,100,000.00. Following the completion of the sale, the director directly owned 866,345 shares in the company, valued at approximately $8,550,825.15. This trade represents a 97.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Rodney Christo sold 5,302 shares of CCC Intelligent Solutions stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $9.76, for a total value of $51,747.52. The disclosure for this sale can be found here. Insiders have sold 60,197,833 shares of company stock valued at $594,106,626 over the last ninety days. Insiders own 6.03% of the company's stock.

Institutional Investors Weigh In On CCC Intelligent Solutions

Large investors have recently bought and sold shares of the business. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in CCC Intelligent Solutions in the 2nd quarter worth about $25,000. Osaic Holdings Inc. increased its holdings in CCC Intelligent Solutions by 293.7% in the 2nd quarter. Osaic Holdings Inc. now owns 3,083 shares of the company's stock worth $29,000 after buying an additional 2,300 shares in the last quarter. Park Place Capital Corp increased its holdings in CCC Intelligent Solutions by 47.6% in the 2nd quarter. Park Place Capital Corp now owns 3,806 shares of the company's stock worth $36,000 after buying an additional 1,228 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in CCC Intelligent Solutions in the 1st quarter worth about $37,000. Finally, AlphaQuest LLC bought a new stake in CCC Intelligent Solutions in the 1st quarter worth about $47,000. 95.79% of the stock is currently owned by institutional investors.

CCC Intelligent Solutions Price Performance

CCCS opened at $9.31 on Monday. The stock has a fifty day simple moving average of $9.70 and a two-hundred day simple moving average of $9.29. The company has a current ratio of 3.19, a quick ratio of 3.19 and a debt-to-equity ratio of 0.39. The company has a market cap of $6.06 billion, a price-to-earnings ratio of 465.73 and a beta of 0.74. CCC Intelligent Solutions has a 12-month low of $8.14 and a 12-month high of $12.88.

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

About CCC Intelligent Solutions

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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