State of Wyoming Invests $571,000 in Consensus Cloud Solutions, Inc. $CCSI

State of Wyoming bought a new stake in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 14,959 shares of the company’s stock, valued at approximately $571,000. State of Wyoming owned about 0.08% of Consensus Cloud Solutions at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC purchased a new position in Consensus Cloud Solutions in the 1st quarter worth approximately $211,000. Bank of America Corp DE lifted its position 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 purchasing an additional 54,865 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Consensus Cloud Solutions by 4.0% during the first quarter. Janus Henderson Group PLC now owns 2,468,048 shares of the company’s stock valued at $58,591,000 after purchasing an additional 95,973 shares during the period. Quantinno Capital Management LP purchased a new stake in shares of Consensus Cloud Solutions during the first quarter valued at approximately $484,000. Finally, Lazard Asset Management LLC boosted its stake in shares of Consensus Cloud Solutions by 223.4% during the first quarter. Lazard Asset Management LLC now owns 69,299 shares of the company’s stock valued at $1,645,000 after purchasing an additional 47,872 shares during the period. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Elaine Healy sold 4,000 shares of Consensus Cloud Solutions stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $34.27, for a total transaction of $137,080.00. Following the completion of the transaction, the director directly owned 27,658 shares of the company’s stock, valued at $947,839.66. This trade represents a 12.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CTO Jeffrey Alan Sullivan sold 5,400 shares of the business’s 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 sale, the chief technology officer directly owned 114,968 shares in the company, valued at $4,334,293.60. The trade was a 4.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 3.65% of the company’s stock.

Analyst Upgrades and Downgrades

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

Consensus Cloud Solutions Price Performance

Shares of NASDAQ:CCSI opened at $39.07 on Monday. The firm has a market capitalization of $716.15 million, a P/E ratio of 7.91 and a beta of 1.57. The company has a debt-to-equity ratio of 13.19, a quick ratio of 1.90 and a current ratio of 1.90. The stock has a 50 day moving average price of $36.39 and a 200-day moving average price of $30.70. Consensus Cloud Solutions, Inc. has a 52-week low of $20.20 and a 52-week high of $41.40.

Consensus Cloud Solutions (NASDAQ:CCSI) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.01. The company had revenue of $91.36 million for 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, equities research analysts anticipate that Consensus Cloud Solutions, Inc. will post 5.08 EPS for the current fiscal year.

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.