CCC Intelligent Solutions Holdings Inc. Common Stock $CCC Stock: Vise Technologies Inc. Increases Stake

Vise Technologies Inc. increased its holdings in CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) by 105.1% in the third quarter, HoldingsChannel.com reports. The fund owned 135,334 shares of the company’s stock after acquiring an additional 69,343 shares during the period. Vise Technologies Inc.’s holdings in CCC Intelligent Solutions Holdings Inc. Common Stock were worth $901,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Nykredit A S purchased a new position in CCC Intelligent Solutions Holdings Inc. Common Stock during the 2nd quarter valued at $26,000. Essential Partners LLC purchased a new stake in shares of CCC Intelligent Solutions Holdings Inc. Common Stock in the 1st quarter worth about $38,000. IFP Advisors Inc lifted its position in shares of CCC Intelligent Solutions Holdings Inc. Common Stock by 99.9% in the 2nd quarter. IFP Advisors Inc now owns 8,179 shares of the company’s stock worth $42,000 after purchasing an additional 4,088 shares during the period. WINTON GROUP Ltd purchased a new stake in shares of CCC Intelligent Solutions Holdings Inc. Common Stock in the 2nd quarter worth about $53,000. Finally, Kera Capital Partners Inc. bought a new stake in shares of CCC Intelligent Solutions Holdings Inc. Common Stock during the 1st quarter valued at about $62,000. Institutional investors own 95.79% of the company’s stock.

CCC Intelligent Solutions Holdings Inc. Common Stock Price Performance

Shares of CCC stock opened at $7.69 on Tuesday. The business’s fifty day moving average is $7.16 and its 200 day moving average is $6.09. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. The stock has a market cap of $4.55 billion, a price-to-earnings ratio of 59.15, a PEG ratio of 2.83 and a beta of 0.38. CCC Intelligent Solutions Holdings Inc. Common Stock has a twelve month low of $4.08 and a twelve month high of $8.68.

CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.06 by $0.07. CCC Intelligent Solutions Holdings Inc. Common Stock had a return on equity of 9.11% and a net margin of 6.54%. The business had revenue of $294.09 million during the quarter. CCC Intelligent Solutions Holdings Inc. Common Stock’s quarterly revenue was up 10.1% compared to the same quarter last year. Research analysts expect that CCC Intelligent Solutions Holdings Inc. Common Stock will post 0.27 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on CCC. Barrington Research cut shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “strong-buy” rating to a “strong sell” rating in a research report on Thursday, October 15th. Weiss Ratings upgraded shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 8th. Jefferies Financial Group lowered shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “hold” rating and set a $7.75 price objective for the company. in a report on Thursday, October 15th. Evercore cut CCC Intelligent Solutions Holdings Inc. Common Stock from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 3rd. Finally, Wall Street Zen downgraded CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $8.79.

CCC Intelligent Solutions Holdings Inc. Common Stock Company Profile

CCC Intelligent Solutions Holdings Inc provides cloud-based software and data solutions for the property and casualty insurance economy. Its platform supports workflows that connect insurers, collision repair facilities, automotive manufacturers, parts suppliers and other participants involved in vehicle claims.

The company’s products help manage claims from initial reporting and damage assessment through repair estimates, parts sourcing and communications. Its tools also use artificial intelligence and data analytics to support decision-making and automate aspects of claims and repair processes.

Based in Chicago, CCC traces its roots to 1980 and serves customers primarily in the United States.