Ritholtz Wealth Management Takes $893,000 Position in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)

Ritholtz Wealth Management bought a new position in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 38,683 shares of the company's stock, valued at approximately $893,000. Ritholtz Wealth Management owned 0.20% of Consensus Cloud Solutions at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. AlphaQuest LLC increased its holdings in shares of Consensus Cloud Solutions by 451.5% in the 4th quarter. AlphaQuest LLC now owns 2,173 shares of the company's stock worth $52,000 after acquiring an additional 1,779 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Consensus Cloud Solutions in the 4th quarter worth about $81,000. BNP Paribas Financial Markets acquired a new stake in shares of Consensus Cloud Solutions in the 4th quarter worth about $135,000. Federated Hermes Inc. increased its stake in shares of Consensus Cloud Solutions by 82.0% in the fourth quarter. Federated Hermes Inc. now owns 7,762 shares of the company's stock valued at $185,000 after purchasing an additional 3,497 shares during the period. Finally, WINTON GROUP Ltd acquired a new stake in shares of Consensus Cloud Solutions in the fourth quarter valued at approximately $210,000. 93.93% of the stock is owned by institutional investors and hedge funds.

Consensus Cloud Solutions Stock Performance

Shares of NASDAQ:CCSI traded down $0.30 during trading hours on Friday, hitting $21.91. The stock had a trading volume of 302,704 shares, compared to its average volume of 138,931. The stock's fifty day simple moving average is $21.45 and its 200 day simple moving average is $23.64. Consensus Cloud Solutions, Inc. has a 1-year low of $15.81 and a 1-year high of $32.10. The firm has a market capitalization of $428.12 million, a price-to-earnings ratio of 5.07 and a beta of 1.50.

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.