Edmond DE Rothschild Holding S.A. Acquires 220,660 Shares of CCC Intelligent Solutions Holdings Inc. $CCCS

Key Points

• Edmond DE Rothschild Holding S.A. increased its stake in CCC Intelligent Solutions by 3.5%, acquiring 220,660 shares during the first quarter, bringing its total to 6,440,130 shares valued at approximately $58.15 million.
• Institutional investors and hedge funds own about 95.79% of CCC Intelligent Solutions, with other notable investments from firms like Vanguard and Brown Advisory increasing their holdings significantly during the same period.
• Analysts have varied ratings for CCC Intelligent Solutions, with a consensus target price of $11.75 and three analysts rating the stock as a Buy, while others have issued Hold and Sell ratings.

Edmond DE Rothschild Holding S.A. boosted its position in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS - Free Report) by 3.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,440,130 shares of the company's stock after acquiring an additional 220,660 shares during the quarter. CCC Intelligent Solutions accounts for approximately 1.0% of Edmond DE Rothschild Holding S.A.'s investment portfolio, making the stock its 19th biggest holding. Edmond DE Rothschild Holding S.A. owned approximately 0.98% of CCC Intelligent Solutions worth $58,154,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CCCS. Northern Trust Corp raised its position in CCC Intelligent Solutions by 11.9% during the fourth quarter. Northern Trust Corp now owns 2,806,996 shares of the company's stock worth $32,926,000 after acquiring an additional 297,534 shares in the last quarter. Ameriprise Financial Inc. raised its position in CCC Intelligent Solutions by 42.3% during the fourth quarter. Ameriprise Financial Inc. now owns 986,831 shares of the company's stock worth $11,576,000 after acquiring an additional 293,355 shares in the last quarter. BNP Paribas Financial Markets bought a new stake in CCC Intelligent Solutions during the fourth quarter worth $1,699,000. D. E. Shaw & Co. Inc. raised its position in CCC Intelligent Solutions by 2.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 244,951 shares of the company's stock worth $2,873,000 after acquiring an additional 5,951 shares in the last quarter. Finally, Gotham Asset Management LLC raised its position in CCC Intelligent Solutions by 8.7% during the fourth quarter. Gotham Asset Management LLC now owns 769,930 shares of the company's stock worth $9,031,000 after acquiring an additional 61,432 shares in the last quarter. 95.79% of the stock is owned by institutional investors.

Insider Activity

In related news, CAO Rodney Christo sold 5,302 shares of the firm'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 transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Lauren Young sold 30,000,000 shares of the firm'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 directly 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 disclosure for this sale can be found here. Insiders have sold 60,005,302 shares of company stock valued at $592,251,748 over the last ninety days. 6.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on CCCS shares. JPMorgan Chase & Co. lowered 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 report on Monday, June 23rd. Piper Sandler reaffirmed a "hold" rating and set a $10.00 price target on shares of CCC Intelligent Solutions in a research report on Thursday, August 14th. Barclays upped 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 report on Friday, August 1st. Finally, Barrington Research reissued an "outperform" rating and issued a $14.00 price objective on shares of CCC Intelligent Solutions in a research report on Monday, August 4th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, CCC Intelligent Solutions currently has an average rating of "Hold" and an average price target of $11.75.

CCC Intelligent Solutions Stock Performance

Shares of CCCS traded up $0.03 during trading hours on Monday, hitting $9.86. The company had a trading volume of 4,888,214 shares, compared to its average volume of 7,397,983. The firm has a market cap of $6.42 billion, a price-to-earnings ratio of 493.25 and a beta of 0.74. The business has a fifty day moving average of $9.73 and a 200-day moving average of $9.31. CCC Intelligent Solutions Holdings Inc. has a 12 month low of $8.14 and a 12 month high of $12.88. 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 issued its quarterly earnings data on Thursday, July 31st. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.01. The company had revenue of $260.45 million for the quarter, compared to analyst estimates of $256.21 million. CCC Intelligent Solutions had a net margin of 5.02% and a return on equity of 5.35%. The company's revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.09 earnings per share. CCC Intelligent Solutions has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts anticipate that CCC Intelligent Solutions Holdings Inc. will post 0.17 EPS for the current fiscal 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.