CCC Intelligent Solutions Holdings Inc. $CCCS Shares Purchased by EntryPoint Capital LLC

Key Points

• EntryPoint Capital LLC significantly increased its holdings in CCC Intelligent Solutions by 132.5%, acquiring 33,713 additional shares, bringing their total to 59,166 shares valued at approximately $534,000.
• In the first quarter, multiple hedge funds adjusted their positions, with Hsbc Holdings PLC boosting its stake by 859.5%, now owning 103,943 shares worth $932,000.
• Analysts have mixed views on CCC Intelligent Solutions, with target prices ranging from $10.00 to $14.00 and a consensus rating of "Hold," indicating varied expectations for the company's future performance.

EntryPoint Capital LLC raised its holdings in CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS - Free Report) by 132.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,166 shares of the company's stock after purchasing an additional 33,713 shares during the period. EntryPoint Capital LLC's holdings in CCC Intelligent Solutions were worth $534,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Hsbc Holdings PLC grew its stake in CCC Intelligent Solutions by 859.5% in the 1st quarter. Hsbc Holdings PLC now owns 103,943 shares of the company's stock valued at $932,000 after acquiring an additional 93,110 shares during the period. Triple Frond Partners LLC purchased a new position in CCC Intelligent Solutions during the first quarter valued at $21,807,000. Quantbot Technologies LP acquired a new stake in shares of CCC Intelligent Solutions in the first quarter valued at about $8,404,000. Northern Trust Corp increased its stake in shares of CCC Intelligent Solutions by 11.4% during the first quarter. Northern Trust Corp now owns 3,128,030 shares of the company's stock worth $28,246,000 after purchasing an additional 321,034 shares in the last quarter. Finally, Roubaix Capital LLC acquired a new position in shares of CCC Intelligent Solutions during the 1st quarter worth about $5,525,000. 95.79% of the stock is owned by institutional investors and hedge funds.

CCC Intelligent Solutions Trading Down 1.0%

Shares of NYSE CCCS traded down $0.0950 during trading on Monday, hitting $9.8050. 823,103 shares of the company were exchanged, compared to its average volume of 7,495,936. The company has a fifty day moving average price of $9.62 and a 200-day moving average price of $9.38. 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 has a market capitalization of $6.39 billion, a PE ratio of 490.50 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.

CCC Intelligent Solutions (NYSE:CCCS - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.01. The firm had revenue of $260.45 million during 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%. CCC Intelligent Solutions's quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.09 earnings per share. CCC Intelligent Solutions has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts expect that CCC Intelligent Solutions Holdings Inc. will post 0.17 EPS for the current year.

Analysts Set New Price Targets

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

Insider Activity at CCC Intelligent Solutions

In other CCC Intelligent Solutions news, CAO Rodney Christo sold 5,302 shares of CCC Intelligent Solutions stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $9.76, for a total value of $51,747.52. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Lauren Young sold 30,000,000 shares of the company's stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $9.87, for a total value of $296,100,000.00. Following the completion of the transaction, 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 60,005,302 shares of company stock worth $592,251,748. Insiders own 6.03% of the company's stock.

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.