Consensus Cloud Solutions (NASDAQ:CCSI) Director Nathaniel Simmons Sells 8,000 Shares of Stock

Key Points

• Director Nathaniel Simmons sold 8,000 shares for $342,240, reducing his position by 25.27%; he retained 23,658 shares after the transaction.
• Consensus Cloud Solutions reported quarterly EPS of $1.50, beating analyst estimates of $1.41, while revenue of $91 million was roughly in line with expectations.
• Analysts have a consensus “Moderate Buy” rating and an average $45 price target; the shares traded at $43.31 in Thursday midday trading.

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Get Free Report) Director Nathaniel Simmons sold 8,000 shares of the stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $42.78, for a total transaction of $342,240.00. Following the transaction, the director owned 23,658 shares in the company, valued at approximately $1,012,089.24. The trade was a 25.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Consensus Cloud Solutions Price Performance

Shares of NASDAQ CCSI traded down $1.38 during midday trading on Thursday, reaching $43.31. The company's stock had a trading volume of 179,513 shares, compared to its average volume of 167,504. The company has a debt-to-equity ratio of 11.39, a quick ratio of 1.90 and a current ratio of 1.99. Consensus Cloud Solutions, Inc. has a fifty-two week low of $20.20 and a fifty-two week high of $45.68. The business's 50 day moving average price is $36.77 and its two-hundred day moving average price is $32.62. The company has a market cap of $771.22 million, a P/E ratio of 8.77 and a beta of 1.56.

Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The company reported $1.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.41 by $0.09. The business had revenue of $91.00 million for the quarter, compared to the consensus estimate of $90.96 million. Consensus Cloud Solutions had a return on equity of 300.98% and a net margin of 26.42%. Consensus Cloud Solutions has set its Q4 2026 guidance at 1.480-1.580 EPS and its FY 2026 guidance at 6.000-6.100 EPS. On average, analysts forecast that Consensus Cloud Solutions, Inc. will post 5.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. BTIG Research restated a "buy" rating and issued a $50.00 target price on shares of Consensus Cloud Solutions in a research report on Friday, September 25th. Oppenheimer increased their price target on shares of Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an "outperform" rating in a research report on Monday, August 10th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Consensus Cloud Solutions in a research note on Monday, November 2nd. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $45.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC acquired a new position in Consensus Cloud Solutions during the 2nd quarter worth approximately $49,000. Legal & General Group Plc acquired a new stake in Consensus Cloud Solutions in the second quarter valued at approximately $68,000. State of Alaska Department of Revenue grew its stake in shares of Consensus Cloud Solutions by 44.6% during the third quarter. State of Alaska Department of Revenue now owns 3,098 shares of the company's stock worth $107,000 after buying an additional 956 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of Consensus Cloud Solutions during the first quarter worth $120,000. Finally, Empowered Funds LLC acquired a new position in shares of Consensus Cloud Solutions during the first quarter worth $211,000. Institutional investors own 93.93% of the company's stock.

About Consensus Cloud Solutions

Consensus Cloud Solutions provides cloud-based digital information delivery and exchange services for healthcare organizations, businesses and government agencies. Its offerings include cloud fax solutions that allow users to send and receive documents electronically, along with tools designed to support secure data exchange and workflow integration. The company's products include eFax and eFax Corporate, as well as solutions for connecting information systems and exchanging data. Its services are used in healthcare settings to help organizations share patient and administrative information, and in other industries for document-based communications.

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