Eisler Capital Management Ltd. Invests $238,000 in CCC Intelligent Solutions Holdings Inc. $CCCS

Key Points

• Eisler Capital Management invested approximately $238,000 in CCC Intelligent Solutions Holdings Inc., acquiring 26,335 shares during the first quarter, as reported in their recent SEC filing.
• Insider transactions include CAO Rodney Christo selling over 5,300 shares and Director Eric Wei selling 30 million shares, significantly reducing their holdings in the company.
• The stock currently holds a consensus rating of "Hold" with a target price range from various analysts, highlighting differing outlooks but a general caution in investing.

Eisler Capital Management Ltd. acquired a new position in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 26,335 shares of the company's stock, valued at approximately $238,000.

Other large investors have also recently added to or reduced their stakes in the company. B. Metzler seel. Sohn & Co. AG lifted its holdings in CCC Intelligent Solutions by 20.3% during the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 216,923 shares of the company's stock worth $1,959,000 after buying an additional 36,545 shares during the last quarter. Comerica Bank increased its position in CCC Intelligent Solutions by 14.0% in the 1st quarter. Comerica Bank now owns 1,144,678 shares of the company's stock valued at $10,336,000 after acquiring an additional 140,874 shares during the period. Synovus Financial Corp raised its stake in shares of CCC Intelligent Solutions by 36.8% during the first quarter. Synovus Financial Corp now owns 319,321 shares of the company's stock valued at $2,883,000 after purchasing an additional 85,908 shares in the last quarter. ICONIQ Capital LLC bought a new stake in shares of CCC Intelligent Solutions during the 1st quarter worth about $10,482,000. Finally, SVB Wealth LLC acquired a new stake in CCC Intelligent Solutions in the first quarter worth approximately $60,000. 95.79% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Lauren Young sold 30,000,000 shares of the stock in a transaction on Thursday, August 7th. The shares were 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 $8,550,825.15. This represents a 97.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 value of $296,100,000.00. Following 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 position. The disclosure for this sale can be found here. Insiders sold a total of 60,005,302 shares of company stock worth $592,251,748 in the last three months. 6.03% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently commented on CCCS shares. The Goldman Sachs Group dropped their target price on shares of CCC Intelligent Solutions from $13.00 to $11.50 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Barrington Research reaffirmed an "outperform" rating and issued a $14.00 price target on shares of CCC Intelligent Solutions in a report on Monday, August 4th. Barclays increased their price objective on CCC Intelligent Solutions from $11.00 to $12.00 and gave the company an "equal weight" rating in a research report on Friday, August 1st. JPMorgan Chase & Co. cut CCC Intelligent Solutions from a "neutral" rating to an "underweight" rating and set a $10.00 target price on the stock. in a report on Monday, June 23rd. Finally, Piper Sandler reaffirmed a "hold" rating and set a $10.00 target price on shares of CCC Intelligent Solutions in a report on Thursday, August 14th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, CCC Intelligent Solutions has an average rating of "Hold" and an average target price of $11.75.

CCC Intelligent Solutions Stock Down 1.3%

Shares of CCCS stock traded down $0.12 on Tuesday, reaching $9.78. 2,052,510 shares of the company's stock traded hands, compared to its average volume of 7,459,145. The company has a market capitalization of $6.37 billion, a P/E ratio of 488.79 and a beta of 0.74. 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 debt-to-equity ratio of 0.39, a quick ratio of 3.19 and a current ratio of 3.19. The business's 50 day moving average price is $9.69 and its two-hundred day moving average price is $9.34.

CCC Intelligent Solutions (NYSE:CCCS - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.09 EPS for the quarter, beating the consensus estimate 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 business had revenue of $260.45 million for the quarter, compared to analysts' expectations of $256.21 million. During the same period in the previous year, the company posted $0.09 EPS. CCC Intelligent Solutions'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. On average, equities analysts forecast that CCC Intelligent Solutions Holdings Inc. will post 0.17 earnings per share for the current 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.