GSA Capital Partners LLP Has $930,000 Position in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)

Key Points

• GSA Capital Partners LLP has reduced its position in Consensus Cloud Solutions, Inc. by 34.3% in Q1, now owning 40,313 shares valued at approximately $930,000.
• Other institutional investors like Janus Henderson Group PLC and Gates Capital Management have increased their stakes in Consensus Cloud Solutions, highlighting a mixed approach among hedge funds regarding the company.
• Consensus Cloud Solutions currently has a market cap of $394.32 million, with an average target price of $27.40 according to analysts, despite receiving ratings that range from sell to buy.

GSA Capital Partners LLP reduced its position in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Free Report) by 34.3% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 40,313 shares of the company's stock after selling 21,074 shares during the quarter. GSA Capital Partners LLP owned about 0.21% of Consensus Cloud Solutions worth $930,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new stake in Consensus Cloud Solutions in the fourth quarter valued at $135,000. Federated Hermes Inc. raised its stake in shares of Consensus Cloud Solutions by 82.0% in the 4th quarter. Federated Hermes Inc. now owns 7,762 shares of the company's stock valued at $185,000 after acquiring an additional 3,497 shares during the period. Pallas Capital Advisors LLC acquired a new stake in Consensus Cloud Solutions in the first quarter valued at approximately $213,000. Two Sigma Securities LLC acquired a new position in shares of Consensus Cloud Solutions in the fourth quarter worth about $235,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Consensus Cloud Solutions by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,342 shares of the company's stock worth $247,000 after purchasing an additional 456 shares during the last quarter. Hedge funds and other institutional investors own 93.93% of the company's stock.

Consensus Cloud Solutions Price Performance

NASDAQ CCSI traded down $0.16 on Tuesday, hitting $19.96. 55,516 shares of the stock were exchanged, compared to its average volume of 144,301. The company's 50-day moving average price is $22.06 and its two-hundred day moving average price is $23.15. Consensus Cloud Solutions, Inc. has a 52-week low of $17.84 and a 52-week high of $32.10. The company has a market capitalization of $390.06 million, a price-to-earnings ratio of 4.61 and a beta of 1.48.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Consensus Cloud Solutions from a "hold" rating to a "buy" rating in a research report on Saturday, July 26th. Two analysts have rated the stock with a sell rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Consensus Cloud Solutions has a consensus rating of "Hold" and a consensus price target of $27.40.

Consensus Cloud Solutions Profile

Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.