Petrus Trust Company LTA Makes New $159,000 Investment in CCC Intelligent Solutions Holdings Inc. $CCCS

Petrus Trust Company LTA acquired a new position in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 17,618 shares of the company’s stock, valued at approximately $159,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Amalgamated Bank boosted its stake in CCC Intelligent Solutions by 4.9% during the first quarter. Amalgamated Bank now owns 24,885 shares of the company’s stock worth $225,000 after buying an additional 1,163 shares during the period. Quantinno Capital Management LP boosted its stake in shares of CCC Intelligent Solutions by 8.8% during the fourth quarter. Quantinno Capital Management LP now owns 19,036 shares of the company’s stock valued at $223,000 after purchasing an additional 1,541 shares during the period. Stephens Inc. AR boosted its stake in shares of CCC Intelligent Solutions by 7.8% during the first quarter. Stephens Inc. AR now owns 25,056 shares of the company’s stock valued at $226,000 after purchasing an additional 1,811 shares during the period. Baird Financial Group Inc. boosted its stake in shares of CCC Intelligent Solutions by 6.8% during the first quarter. Baird Financial Group Inc. now owns 28,822 shares of the company’s stock valued at $260,000 after purchasing an additional 1,833 shares during the period. Finally, Cetera Investment Advisers boosted its stake in shares of CCC Intelligent Solutions by 3.8% during the first quarter. Cetera Investment Advisers now owns 50,097 shares of the company’s stock valued at $452,000 after purchasing an additional 1,856 shares during the period. 95.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CCCS has been the subject of a number of recent analyst reports. Barclays boosted their target price on shares of CCC Intelligent Solutions from $11.00 to $12.00 and gave the company an “equal weight” rating in a research note on Friday, August 1st. Barrington Research reissued an “outperform” rating and set a $14.00 target price on shares of CCC Intelligent Solutions in a research note on Monday, August 4th. Piper Sandler reissued a “hold” rating and set a $10.00 target price on shares of CCC Intelligent Solutions in a research note on Thursday, August 14th. Finally, JPMorgan Chase & Co. lowered shares of CCC Intelligent Solutions from a “neutral” rating to an “underweight” rating and set a $10.00 target price for the company. in a research note on Monday, June 23rd. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $11.75.

CCC Intelligent Solutions Stock Performance

CCCS stock opened at $9.64 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.19 and a quick ratio of 3.19. The business has a 50-day moving average price of $9.74 and a 200 day moving average price of $9.31. The company has a market capitalization of $6.28 billion, a P/E ratio of 482.24 and a beta of 0.74. CCC Intelligent Solutions Holdings Inc. has a 1-year low of $8.14 and a 1-year high of $12.88.

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

Insider Activity

In other CCC Intelligent Solutions news, Director Eric Wei sold 30,000,000 shares of the business’s stock in a transaction dated Thursday, August 7th. The shares were 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 directly owned 866,345 shares in the company, valued at approximately $8,550,825.15. The trade was a 97.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Rodney Christo sold 5,302 shares of the business’s stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $9.76, for a total transaction of $51,747.52. The disclosure for this sale can be found here. Over the last three months, insiders have sold 60,047,833 shares of company stock valued at $592,668,126. Company insiders own 6.03% of the company’s stock.

CCC Intelligent Solutions Company Profile

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.