Consensus Cloud Solutions (NASDAQ:CCSI) Trading Down 5.1% – Here’s What Happened

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)’s stock price fell 5.1% on Wednesday . The company traded as low as $34.44 and last traded at $34.2760. Approximately 113,525 shares traded hands during trading, a decline of 36% from the average session volume of 176,392 shares. The stock had previously closed at $36.13.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Oppenheimer upped their target price on Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Wall Street Zen upgraded Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, May 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research report on Tuesday, August 4th. Finally, BTIG Research increased their target price on Consensus Cloud Solutions from $45.00 to $50.00 and gave the company a “buy” rating in a report on Monday, August 10th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $41.67.

Consensus Cloud Solutions Price Performance

The company has a debt-to-equity ratio of 13.19, a current ratio of 1.90 and a quick ratio of 1.90. The stock has a 50 day simple moving average of $37.32 and a two-hundred day simple moving average of $31.99. The company has a market cap of $628.08 million, a price-to-earnings ratio of 6.95 and a beta of 1.57.

Consensus Cloud Solutions (NASDAQ:CCSI) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.01. Consensus Cloud Solutions had a return on equity of 502.63% and a net margin of 26.69%.The firm had revenue of $91.36 million during the quarter, compared to analysts’ expectations of $89.63 million. Consensus Cloud Solutions has set its Q3 2026 guidance at 1.340-1.440 EPS and its FY 2026 guidance at 5.550-5.950 EPS. On average, equities research analysts predict that Consensus Cloud Solutions, Inc. will post 5.03 earnings per share for the current fiscal year.

Insider Activity at Consensus Cloud Solutions

In related news, CTO Jeffrey Alan Sullivan sold 5,400 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $37.70, for a total transaction of $203,580.00. Following the sale, the chief technology officer owned 114,968 shares of the company’s stock, valued at $4,334,293.60. This trade represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.65% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Quarry LP acquired a new position in Consensus Cloud Solutions during the 4th quarter valued at approximately $25,000. Legal & General Group Plc acquired a new stake in shares of Consensus Cloud Solutions during the second quarter valued at approximately $68,000. Tower Research Capital LLC TRC lifted its position in shares of Consensus Cloud Solutions by 40.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock valued at $46,000 after acquiring an additional 570 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Consensus Cloud Solutions by 104.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock valued at $111,000 after acquiring an additional 1,942 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in Consensus Cloud Solutions in the 2nd quarter worth approximately $112,000. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

About Consensus Cloud Solutions

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.