Consensus Cloud Solutions, Inc. (NASDAQ:CCSI – Get Free Report) hit a new 52-week high on Monday . The company traded as high as $37.56 and last traded at $37.8550, with a volume of 6925 shares. The stock had previously closed at $36.72.
Analysts Set New Price Targets
CCSI has been the subject of a number of research analyst reports. Weiss Ratings raised Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Wall Street Zen upgraded Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, May 17th. Finally, Oppenheimer boosted their price objective on Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Consensus Cloud Solutions currently has an average rating of “Moderate Buy” and a consensus price target of $36.67.
Read Our Latest Stock Analysis on Consensus Cloud Solutions
Consensus Cloud Solutions Trading Up 3.0%
Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.12. Consensus Cloud Solutions had a net margin of 25.09% and a return on equity of 5,736.13%. The firm had revenue of $88.47 million for the quarter, compared to analysts’ expectations of $87.34 million. Consensus Cloud Solutions has set its Q2 2026 guidance at 1.430-1.530 EPS and its FY 2026 guidance at 5.550-5.950 EPS. As a group, analysts expect that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current year.
Insiders Place Their Bets
In other Consensus Cloud Solutions news, Director Elaine Healy sold 4,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $34.27, for a total value of $137,080.00. Following the completion of the sale, the director directly owned 27,658 shares of the company’s stock, valued at $947,839.66. This trade represents a 12.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 3.65% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in CCSI. LSV Asset Management grew its stake in shares of Consensus Cloud Solutions by 81.2% during the 4th quarter. LSV Asset Management now owns 716,585 shares of the company’s stock worth $15,636,000 after acquiring an additional 321,200 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Consensus Cloud Solutions by 127,106.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 129,751 shares of the company’s stock worth $2,831,000 after purchasing an additional 129,649 shares during the period. Russell Investments Group Ltd. boosted its position in Consensus Cloud Solutions by 239.3% during the third quarter. Russell Investments Group Ltd. now owns 170,445 shares of the company’s stock worth $5,006,000 after purchasing an additional 120,205 shares during the period. Kent Lake PR LLC increased its stake in shares of Consensus Cloud Solutions by 92.6% in the second quarter. Kent Lake PR LLC now owns 250,000 shares of the company’s stock worth $5,765,000 after purchasing an additional 120,200 shares in the last quarter. Finally, Janus Henderson Group PLC increased its stake in shares of Consensus Cloud Solutions by 4.0% in the first quarter. Janus Henderson Group PLC now owns 2,468,048 shares of the company’s stock worth $58,591,000 after purchasing an additional 95,973 shares in the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.
Consensus Cloud Solutions Company Profile
Consensus Cloud Solutions (NASDAQ: CCSI) is a provider of cloud consulting and managed services focused on helping organizations accelerate digital transformation. The company specializes in designing, deploying and supporting cloud architectures that leverage leading public and private cloud platforms, including infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS) environments. Its end-to-end approach encompasses strategy, implementation and ongoing optimization to align technology investments with business objectives.
The firm’s core offerings include cloud migration and deployment, application modernization, data analytics and cybersecurity solutions.
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