CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) Given Consensus Rating of “Hold” by Brokerages

CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) has been assigned a consensus rating of “Hold” from the six research firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $11.75.

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. downgraded shares of CCC Intelligent Solutions from a “neutral” rating to an “underweight” rating and set a $10.00 price target on the stock. in a report on Monday, June 23rd. Barrington Research reaffirmed an “outperform” rating and set a $14.00 target price on shares of CCC Intelligent Solutions in a report on Monday, August 4th. Piper Sandler reiterated a “hold” rating and set a $10.00 price target on shares of CCC Intelligent Solutions in a research report on Thursday, August 14th. Finally, Barclays upped their price objective on CCC Intelligent Solutions from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research report on Friday, August 1st.

CCC Intelligent Solutions Price Performance

Shares of CCCS stock opened at $9.38 on Monday. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of 469.23 and a beta of 0.72. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.19 and a current ratio of 3.19. The stock’s 50-day simple moving average is $9.63 and its 200-day simple moving average is $9.29. CCC Intelligent Solutions has a fifty-two week low of $8.14 and a fifty-two week high of $12.88.

CCC Intelligent Solutions (NYSE:CCCS) last released its earnings results on Thursday, July 31st. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. CCC Intelligent Solutions had a net margin of 5.02% and a return on equity of 5.35%. The company had revenue of $260.45 million for the quarter, compared to the consensus estimate of $256.21 million. During the same quarter in the previous year, the firm earned $0.09 EPS. CCC Intelligent Solutions’s revenue was up 12.0% compared to the same quarter last year. CCC Intelligent Solutions has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts forecast that CCC Intelligent Solutions will post 0.17 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Eric Wei sold 30,000,000 shares of the company’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $9.87, for a total value of $296,100,000.00. Following the completion of the transaction, the director owned 866,345 shares of the company’s stock, valued at approximately $8,550,825.15. This represents a 97.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Rodney Christo sold 5,302 shares of the stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $9.76, for a total value of $51,747.52. The disclosure for this sale can be found here. Insiders have sold 60,197,833 shares of company stock worth $594,106,626 in the last 90 days. 6.03% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CCC Intelligent Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Amalgamated Bank lifted its holdings in shares of CCC Intelligent Solutions by 4.9% in the 1st quarter. Amalgamated Bank now owns 24,885 shares of the company’s stock worth $225,000 after acquiring an additional 1,163 shares during the last quarter. Advisors Asset Management Inc. raised its position in CCC Intelligent Solutions by 18.3% in the second quarter. Advisors Asset Management Inc. now owns 7,806 shares of the company’s stock valued at $73,000 after purchasing an additional 1,207 shares during the period. Park Place Capital Corp lifted its stake in CCC Intelligent Solutions by 47.6% during the second quarter. Park Place Capital Corp now owns 3,806 shares of the company’s stock worth $36,000 after purchasing an additional 1,228 shares in the last quarter. Valeo Financial Advisors LLC boosted its position in shares of CCC Intelligent Solutions by 14.6% during the second quarter. Valeo Financial Advisors LLC now owns 12,706 shares of the company’s stock worth $120,000 after buying an additional 1,622 shares during the period. Finally, Stephens Inc. AR grew its stake in shares of CCC Intelligent Solutions by 7.8% in the first quarter. Stephens Inc. AR now owns 25,056 shares of the company’s stock valued at $226,000 after buying an additional 1,811 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

About CCC Intelligent Solutions

CCC Intelligent Solutions Holdings Inc, operates as a software as a service company for the property and casualty insurance economy in the United States and China. The company's cloud-based software as a service platform connects trading partners, facilitates commerce, and supports mission-critical, artificial intelligence enabled digital workflow across the insurance economy, including insurers, repairers, automakers, parts suppliers, lenders and more.