B. Metzler seel. Sohn & Co. AG Purchases 36,545 Shares of CCC Intelligent Solutions Holdings Inc. $CCCS

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in CCC Intelligent Solutions Holdings Inc. by 20.3%, acquiring an additional 36,545 shares, bringing its total holdings to 216,923 shares valued at approximately $1.96 million.
• Director Eric Wei and Director Lauren Young each sold 30 million shares of CCC Intelligent Solutions stock, resulting in a 97.19% decrease in their ownership, collectively worth around $592 million in total insider sales over the last ninety days.
• Analysts' ratings for CCC Intelligent Solutions vary, with three analysts rating it a Buy, two as Hold, and one as Sell, while the average price target is set at $11.75.

B. Metzler seel. Sohn & Co. AG lifted its stake in CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS - Free Report) by 20.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 216,923 shares of the company's stock after acquiring an additional 36,545 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in CCC Intelligent Solutions were worth $1,959,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Amalgamated Bank grew its stake in shares of CCC Intelligent Solutions by 4.9% in the first quarter. Amalgamated Bank now owns 24,885 shares of the company's stock worth $225,000 after acquiring an additional 1,163 shares during the last quarter. Quantinno Capital Management LP boosted its stake in CCC Intelligent Solutions by 8.8% during the fourth quarter. Quantinno Capital Management LP now owns 19,036 shares of the company's stock worth $223,000 after buying an additional 1,541 shares in the last quarter. Stephens Inc. AR boosted its stake in CCC Intelligent Solutions by 7.8% during the first quarter. Stephens Inc. AR now owns 25,056 shares of the company's stock worth $226,000 after buying an additional 1,811 shares in the last quarter. Cetera Investment Advisers boosted its stake in CCC Intelligent Solutions by 3.8% during the first quarter. Cetera Investment Advisers now owns 50,097 shares of the company's stock worth $452,000 after buying an additional 1,856 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in CCC Intelligent Solutions by 28.4% during the first quarter. Smartleaf Asset Management LLC now owns 9,321 shares of the company's stock worth $83,000 after buying an additional 2,063 shares in the last quarter. Institutional investors and hedge funds own 95.79% of the company's stock.

Analysts Set New Price Targets

CCCS has been the topic of a number of recent research reports. JPMorgan Chase & Co. downgraded shares of CCC Intelligent Solutions from a "neutral" rating to an "underweight" rating and set a $10.00 price target on the stock. in a research note on Monday, June 23rd. The Goldman Sachs Group decreased their price target on shares of CCC Intelligent Solutions from $13.00 to $11.50 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Barrington Research reiterated an "outperform" rating and set a $14.00 price target on shares of CCC Intelligent Solutions in a research note on Monday, August 4th. Piper Sandler reiterated a "hold" rating and set a $10.00 price target on shares of CCC Intelligent Solutions in a research note on Thursday, August 14th. Finally, Barclays lifted their price target on shares of CCC Intelligent Solutions from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research note on Friday, August 1st. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $11.75.

CCC Intelligent Solutions Price Performance

Shares of NYSE:CCCS traded down $0.08 on Thursday, hitting $9.66. The stock had a trading volume of 4,355,017 shares, compared to its average volume of 7,435,673. CCC Intelligent Solutions Holdings Inc. has a twelve month low of $8.14 and a twelve month high of $12.88. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.19 and a current ratio of 3.19. The firm's 50 day moving average price is $9.72 and its 200-day moving average price is $9.34. The company has a market capitalization of $6.29 billion, a price-to-earnings ratio of 483.24 and a beta of 0.74.

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

Insider Buying and Selling

In related news, CAO Rodney Christo sold 5,302 shares of the company's stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $9.76, for a total transaction of $51,747.52. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Eric Wei sold 30,000,000 shares of the company's stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $9.87, for a total transaction of $296,100,000.00. Following the transaction, the director 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 disclosure for this sale can be found here. Insiders have sold a total of 60,005,302 shares of company stock worth $592,251,748 in the last 90 days. Corporate insiders own 6.03% of the company's stock.

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.