Consensus Cloud Solutions (NASDAQ:CCSI) Director Sells $20,500.00 in Stock

Consensus Cloud Solutions, Inc. (NASDAQ:CCSIGet Free Report) Director Elaine Healy sold 1,000 shares of the stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $20.50, for a total value of $20,500.00. Following the completion of the sale, the director owned 22,820 shares in the company, valued at approximately $467,810. This trade represents a 4.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Consensus Cloud Solutions Price Performance

CCSI stock traded up $0.72 during midday trading on Friday, reaching $20.96. 178,019 shares of the company were exchanged, compared to its average volume of 143,993. Consensus Cloud Solutions, Inc. has a one year low of $17.84 and a one year high of $32.10. The firm has a market capitalization of $398.45 million, a price-to-earnings ratio of 4.98 and a beta of 1.53. The business has a 50-day moving average price of $26.79 and a two-hundred day moving average price of $24.45.

Consensus Cloud Solutions (NASDAQ:CCSIGet Free Report) last posted its earnings results on Wednesday, November 5th. The company reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.02. The company had revenue of $87.77 million during the quarter, compared to analysts’ expectations of $87.58 million. Consensus Cloud Solutions had a net margin of 23.48% and a negative return on equity of 234.27%. Consensus Cloud Solutions has set its Q4 2025 guidance at 1.270-1.370 EPS. As a group, analysts anticipate that Consensus Cloud Solutions, Inc. will post 5.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Consensus Cloud Solutions in a report on Wednesday, October 8th. Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, November 16th. Finally, Wedbush upped their price objective on Consensus Cloud Solutions from $26.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $29.00.

Get Our Latest Stock Analysis on CCSI

Institutional Investors Weigh In On Consensus Cloud Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Gates Capital Management Inc. grew its position in Consensus Cloud Solutions by 4.8% during the first quarter. Gates Capital Management Inc. now owns 1,691,368 shares of the company’s stock worth $39,037,000 after buying an additional 77,867 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Consensus Cloud Solutions by 3.3% during the 1st quarter. Vanguard Group Inc. now owns 1,562,117 shares of the company’s stock valued at $36,054,000 after acquiring an additional 50,175 shares during the period. Heron Bay Capital Management grew its holdings in shares of Consensus Cloud Solutions by 2.1% during the 3rd quarter. Heron Bay Capital Management now owns 1,203,726 shares of the company’s stock worth $35,353,000 after purchasing an additional 24,980 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Consensus Cloud Solutions by 7.7% during the 2nd quarter. Geode Capital Management LLC now owns 505,506 shares of the company’s stock worth $11,659,000 after purchasing an additional 36,357 shares in the last quarter. Finally, New South Capital Management Inc. increased its position in shares of Consensus Cloud Solutions by 38.6% in the third quarter. New South Capital Management Inc. now owns 429,574 shares of the company’s stock worth $12,617,000 after purchasing an additional 119,580 shares during the period. 93.93% of the stock is currently owned by institutional investors and hedge funds.

About Consensus Cloud Solutions

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Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.

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