CCC Intelligent Solutions Holdings Inc. $CCCS Shares Purchased by Advantage Alpha Capital Partners LP

Key Points

• Advantage Alpha Capital Partners LP increased its stake in CCC Intelligent Solutions Holdings Inc. by 71.0%, acquiring an additional 260,785 shares during the first quarter, bringing its total to 627,987 shares.
• Insiders sold a total of 60,005,302 shares of CCC Intelligent Solutions stock worth approximately $592 million in the last 90 days, indicating significant insider activity.
• CCC Intelligent Solutions reported a 12.0% year-over-year increase in revenue, with $260.45 million for the quarter, exceeding analysts' expectations.

Advantage Alpha Capital Partners LP boosted its position in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS - Free Report) by 71.0% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 627,987 shares of the company's stock after acquiring an additional 260,785 shares during the quarter. CCC Intelligent Solutions comprises about 1.4% of Advantage Alpha Capital Partners LP's portfolio, making the stock its 15th largest position. Advantage Alpha Capital Partners LP owned about 0.10% of CCC Intelligent Solutions worth $5,671,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in CCC Intelligent Solutions during the 4th quarter worth about $36,000. Banque Cantonale Vaudoise acquired a new position in shares of CCC Intelligent Solutions in the 1st quarter valued at about $37,000. Tocqueville Asset Management L.P. acquired a new position in shares of CCC Intelligent Solutions in the 1st quarter valued at about $90,000. Machina Capital S.A.S. acquired a new position in shares of CCC Intelligent Solutions in the 1st quarter valued at about $98,000. Finally, Valeo Financial Advisors LLC acquired a new position in shares of CCC Intelligent Solutions in the 1st quarter valued at about $100,000. Institutional investors and hedge funds own 95.79% of the company's stock.

Insider Buying and Selling at CCC Intelligent Solutions

In related news, Director Lauren Young sold 30,000,000 shares of the stock in a transaction that occurred on 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 owned 866,345 shares of the company's stock, valued at approximately $8,550,825.15. This trade represents a 97.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Rodney Christo sold 5,302 shares of the stock in a transaction that occurred on Thursday, July 31st. The shares were 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 sold 60,005,302 shares of company stock valued at $592,251,748 over the last quarter. 6.03% of the stock is currently owned by insiders.

CCC Intelligent Solutions Price Performance

Shares of CCC Intelligent Solutions stock traded up $0.07 during mid-day trading on Friday, reaching $9.90. 4,304,450 shares of the stock traded hands, compared to its average volume of 7,538,338. The business has a 50-day moving average of $9.62 and a 200 day moving average of $9.38. CCC Intelligent Solutions Holdings Inc. has a fifty-two week low of $8.14 and a fifty-two week high of $12.88. The stock has a market capitalization of $6.45 billion, a PE ratio of 495.25 and a beta of 0.74. The company has a quick ratio of 3.19, a current ratio of 3.19 and a debt-to-equity ratio of 0.39.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on CCCS shares. Barrington Research reissued an "outperform" rating and issued a $14.00 price objective on shares of CCC Intelligent Solutions in a report on Monday, August 4th. JPMorgan Chase & Co. cut CCC Intelligent Solutions from a "neutral" rating to an "underweight" rating and set a $10.00 price objective for the company. in a report on Monday, June 23rd. The Goldman Sachs Group decreased their price objective on CCC Intelligent Solutions from $13.00 to $11.50 and set a "buy" rating for the company in a report on Wednesday, May 7th. Barclays boosted their price objective 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. Finally, Piper Sandler restated a "hold" rating and issued a $10.00 price target on shares of CCC Intelligent Solutions in a research note on Thursday, August 14th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $11.75.

CCC Intelligent Solutions 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.