Consensus Cloud Solutions (NASDAQ:CCSI) Stock Price Up 7.7% – Here’s What Happened

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)’s share price rose 7.7% during mid-day trading on Wednesday . The company traded as high as $39.65 and last traded at $41.1020. Approximately 12,562 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 183,775 shares. The stock had previously closed at $38.15.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CCSI. Oppenheimer increased their price objective on shares of Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Wall Street Zen upgraded shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, May 17th. Finally, Weiss Ratings raised shares of Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $36.67.

Consensus Cloud Solutions Stock Performance

The firm has a fifty day moving average of $31.29 and a 200-day moving average of $27.28. The firm has a market cap of $736.64 million, a P/E ratio of 8.74 and a beta of 1.59. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 24.99.

Consensus Cloud Solutions (NASDAQ:CCSI) last announced its quarterly earnings data on Thursday, May 7th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.12. Consensus Cloud Solutions had a return on equity of 5,736.13% and a net margin of 25.09%.The firm had revenue of $88.47 million during 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. Research analysts predict that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current fiscal 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 that occurred on Tuesday, June 2nd. The shares were sold at an average price of $34.27, for a total value of $137,080.00. Following the transaction, the director directly owned 27,658 shares of the company’s stock, valued at approximately $947,839.66. This trade represents a 12.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.65% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Consensus Cloud Solutions

A number of institutional investors have recently made changes to their positions in CCSI. Quarry LP acquired a new position in shares of Consensus Cloud Solutions during the 4th quarter worth about $25,000. Tower Research Capital LLC TRC grew its holdings in Consensus Cloud Solutions by 40.5% during the second quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock valued at $46,000 after purchasing an additional 570 shares during the period. State of Alaska Department of Revenue acquired a new position in Consensus Cloud Solutions during the fourth quarter valued at approximately $46,000. BNP Paribas Financial Markets increased its stake in Consensus Cloud Solutions by 104.9% in the third quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock valued at $111,000 after purchasing an additional 1,942 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in Consensus Cloud Solutions in the second quarter worth $112,000. 93.93% of the stock is owned by institutional investors and hedge funds.

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.