Rice Hall James & Associates LLC Acquires Shares of 205,889 Consensus Cloud Solutions, Inc. $CCSI

Rice Hall James & Associates LLC bought a new stake in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 205,889 shares of the company’s stock, valued at approximately $7,855,000.

A number of other hedge funds also recently made changes to their positions in CCSI. Bank of New York Mellon Corp bought a new position in Consensus Cloud Solutions during the second quarter valued at about $3,115,000. State of Wyoming bought a new stake in Consensus Cloud Solutions in the second quarter worth about $571,000. Empowered Funds LLC purchased a new position in Consensus Cloud Solutions in the first quarter valued at about $211,000. Bank of America Corp DE boosted its stake in Consensus Cloud Solutions by 213.5% in the first quarter. Bank of America Corp DE now owns 80,567 shares of the company’s stock valued at $1,913,000 after acquiring an additional 54,865 shares during the last quarter. Finally, Janus Henderson Group PLC grew its position in shares of Consensus Cloud Solutions by 4.0% during the 1st quarter. Janus Henderson Group PLC now owns 2,468,048 shares of the company’s stock valued at $58,591,000 after acquiring an additional 95,973 shares during the period. 93.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Insider Transactions at Consensus Cloud Solutions

In other Consensus Cloud Solutions news, CTO Jeffrey Alan Sullivan sold 5,400 shares of Consensus Cloud Solutions stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $37.70, for a total transaction of $203,580.00. Following the completion of the transaction, the chief technology officer owned 114,968 shares of the company’s stock, valued at $4,334,293.60. The trade was a 4.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Elaine Healy sold 4,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $34.27, for a total value of $137,080.00. Following the sale, the director owned 27,658 shares in the company, valued at approximately $947,839.66. This represents a 12.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.65% of the company’s stock.

Consensus Cloud Solutions Trading Down 5.7%

Shares of CCSI stock opened at $36.84 on Tuesday. The stock has a market capitalization of $675.28 million, a price-to-earnings ratio of 7.46 and a beta of 1.57. The company’s fifty day simple moving average is $36.45 and its two-hundred day simple moving average is $30.81. Consensus Cloud Solutions, Inc. has a 1 year low of $20.20 and a 1 year high of $41.40. The company has a debt-to-equity ratio of 13.19, a current ratio of 1.90 and a quick ratio of 1.90.

Consensus Cloud Solutions (NASDAQ:CCSI) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.01. The firm had revenue of $91.36 million during the quarter, compared to analyst estimates of $89.63 million. Consensus Cloud Solutions had a return on equity of 502.63% and a net margin of 26.69%.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. As a group, analysts anticipate that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current year.

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.