Jupiter Topco LLC acquired a new position in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,489,846 shares of the company’s stock, valued at approximately $94,988,000. Jupiter Topco LLC owned about 0.14% of Consensus Cloud Solutions at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of CCSI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Consensus Cloud Solutions by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,810 shares of the company’s stock valued at $249,000 after acquiring an additional 468 shares during the last quarter. Jones Financial Companies Lllp grew its position in Consensus Cloud Solutions by 149,428.6% during the 1st quarter. Jones Financial Companies Lllp now owns 10,467 shares of the company’s stock worth $242,000 after acquiring an additional 10,460 shares during the last quarter. Jane Street Group LLC acquired a new stake in Consensus Cloud Solutions during the 1st quarter valued at $632,000. Acadian Asset Management LLC raised its position in Consensus Cloud Solutions by 117.8% in the 1st quarter. Acadian Asset Management LLC now owns 15,416 shares of the company’s stock valued at $354,000 after purchasing an additional 8,339 shares during the last quarter. Finally, Strs Ohio acquired a new position in Consensus Cloud Solutions in the first quarter worth $134,000. Institutional investors and hedge funds own 93.93% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on CCSI. BTIG Research raised their price objective on shares of Consensus Cloud Solutions from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, August 10th. Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, May 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Finally, Oppenheimer boosted their target price on Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Consensus Cloud Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.67.
Consensus Cloud Solutions Trading Down 1.4%
CCSI opened at $38.39 on Thursday. The company has a debt-to-equity ratio of 13.19, a current ratio of 1.90 and a quick ratio of 1.90. The company has a market cap of $703.69 million, a price-to-earnings ratio of 7.77 and a beta of 1.57. The firm has a 50 day simple moving average of $36.98 and a 200 day simple moving average of $31.61. Consensus Cloud Solutions, Inc. has a fifty-two week low of $20.20 and a fifty-two week high of $41.40.
Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.01. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. The firm had revenue of $91.36 million for the quarter, compared to analysts’ expectations of $89.63 million. 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. On average, sell-side analysts anticipate that Consensus Cloud Solutions, Inc. will post 5.03 earnings per share for the current year.
Insiders Place Their Bets
In other news, Director Elaine Healy sold 4,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $34.27, for a total value of $137,080.00. Following the transaction, the director owned 27,658 shares of the company’s stock, valued at $947,839.66. This represents a 12.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Jeffrey Alan Sullivan sold 5,400 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $37.70, for a total value of $203,580.00. Following the completion of the transaction, the chief technology officer owned 114,968 shares in the company, valued at $4,334,293.60. This represents a 4.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.65% of the company’s stock.
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.
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