4,834,565 Shares in CCC Intelligent Solutions Holdings Inc. $CCCS Bought by Vaughan Nelson Investment Management L.P.

Vaughan Nelson Investment Management L.P. acquired a new position in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCSFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,834,565 shares of the company’s stock, valued at approximately $45,493,000. Vaughan Nelson Investment Management L.P. owned about 0.73% of CCC Intelligent Solutions as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CCCS. Park Place Capital Corp grew its position in shares of CCC Intelligent Solutions by 47.6% in the 2nd quarter. Park Place Capital Corp now owns 3,806 shares of the company’s stock valued at $36,000 after buying an additional 1,228 shares during the last quarter. Banque Cantonale Vaudoise bought a new stake in shares of CCC Intelligent Solutions during the 1st quarter valued at about $37,000. AlphaQuest LLC acquired a new stake in CCC Intelligent Solutions during the first quarter worth approximately $47,000. SVB Wealth LLC bought a new stake in CCC Intelligent Solutions in the first quarter worth approximately $60,000. Finally, Advisors Asset Management Inc. lifted its stake in CCC Intelligent Solutions by 40.4% in the first quarter. Advisors Asset Management Inc. now owns 6,599 shares of the company’s stock valued at $60,000 after buying an additional 1,898 shares during the period. Institutional investors own 95.79% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on CCCS shares. Barclays lifted their price objective 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. Piper Sandler reaffirmed a “hold” rating and issued a $10.00 price target on shares of CCC Intelligent Solutions in a research note on Thursday, August 14th. JPMorgan Chase & Co. cut shares of CCC Intelligent Solutions from a “neutral” rating to an “underweight” rating and set a $10.00 price objective on the stock. in a research report on Monday, June 23rd. Finally, Barrington Research restated an “outperform” rating and issued a $14.00 target price on shares of CCC Intelligent Solutions in a research note on Monday, August 4th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, CCC Intelligent Solutions currently has a consensus rating of “Hold” and an average price target of $11.75.

Check Out Our Latest Analysis on CCCS

Insider Buying and Selling

In other news, insider John Page Goodson sold 150,000 shares of the stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $9.59, for a total value of $1,438,500.00. Following the completion of the sale, the insider directly owned 157,478 shares of the company’s stock, valued at $1,510,214.02. This represents a 48.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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. In the last ninety days, insiders sold 60,197,833 shares of company stock valued at $594,106,626. 6.03% of the stock is owned by company insiders.

CCC Intelligent Solutions Price Performance

Shares of CCCS opened at $9.38 on Friday. CCC Intelligent Solutions Holdings Inc. has a 12-month low of $8.14 and a 12-month high of $12.88. The business’s fifty day moving average is $9.63 and its 200 day moving average is $9.29. The company has a quick ratio of 3.19, a current ratio of 3.19 and a debt-to-equity ratio of 0.39. The stock has a market cap of $6.11 billion, a P/E ratio of 469.23 and a beta of 0.72.

CCC Intelligent Solutions (NYSE:CCCSGet Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. CCC Intelligent Solutions had a return on equity of 5.35% and a net margin of 5.02%.The company had revenue of $260.45 million for the quarter, compared to analysts’ expectations of $256.21 million. During the same period last year, the business earned $0.09 EPS. CCC Intelligent Solutions’s quarterly 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. Sell-side analysts anticipate that CCC Intelligent Solutions Holdings Inc. will post 0.17 earnings per share for the current fiscal year.

CCC Intelligent Solutions Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for CCC Intelligent Solutions (NYSE:CCCS)

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