Valeo Financial Advisors LLC Grows Position in CCC Intelligent Solutions Holdings Inc. $CCCS

Valeo Financial Advisors LLC grew its position in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) by 14.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 12,706 shares of the company’s stock after acquiring an additional 1,622 shares during the quarter. Valeo Financial Advisors LLC’s holdings in CCC Intelligent Solutions were worth $120,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CCCS. Duquesne Family Office LLC purchased a new stake in CCC Intelligent Solutions during the first quarter valued at $50,523,000. Vanguard Group Inc. increased its holdings in shares of CCC Intelligent Solutions by 9.9% in the 1st quarter. Vanguard Group Inc. now owns 56,491,007 shares of the company’s stock worth $510,114,000 after buying an additional 5,103,835 shares during the last quarter. Clarkston Capital Partners LLC purchased a new position in CCC Intelligent Solutions in the first quarter worth about $45,766,000. Vaughan Nelson Investment Management L.P. bought a new stake in CCC Intelligent Solutions during the second quarter worth approximately $45,493,000. Finally, Brown Advisory Inc. increased its stake in CCC Intelligent Solutions by 30.7% during the first quarter. Brown Advisory Inc. now owns 18,346,792 shares of the company’s stock worth $165,672,000 after acquiring an additional 4,313,296 shares during the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

CCC Intelligent Solutions Stock Down 2.1%

Shares of CCCS opened at $9.12 on Friday. The firm has a market capitalization of $5.94 billion, a P/E ratio of 456.23 and a beta of 0.72. CCC Intelligent Solutions Holdings Inc. has a 12-month low of $8.14 and a 12-month high of $12.88. The company has a current ratio of 3.19, a quick ratio of 3.19 and a debt-to-equity ratio of 0.39. The firm has a fifty day moving average price of $9.58 and a 200-day moving average price of $9.29.

CCC Intelligent Solutions (NYSE:CCCS) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. CCC Intelligent Solutions had a net margin of 5.02% and a return on equity of 5.35%. The company had revenue of $260.45 million during the quarter, compared to analyst estimates of $256.21 million. During the same quarter last year, the business posted $0.09 EPS. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. CCC Intelligent Solutions has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts expect that CCC Intelligent Solutions Holdings Inc. will post 0.17 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on CCCS. JPMorgan Chase & Co. lowered CCC Intelligent Solutions from a “neutral” rating to an “underweight” rating and set a $10.00 price objective for the company. in a research note on Monday, June 23rd. Barrington Research restated an “outperform” rating and set a $14.00 price target on shares of CCC Intelligent Solutions in a report on Monday, August 4th. Piper Sandler reiterated a “hold” rating and set a $10.00 price objective on shares of CCC Intelligent Solutions in a research report on Thursday, August 14th. Finally, Barclays boosted 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 report on Friday, August 1st. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.75.

Insider Transactions at CCC Intelligent Solutions

In related news, Director Lauren Young sold 30,000,000 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $9.87, for a total value of $296,100,000.00. Following the transaction, the director owned 866,345 shares of the company’s stock, valued at $8,550,825.15. This represents a 97.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Rodney Christo sold 5,302 shares of the company’s stock in a transaction 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. Insiders sold 60,197,833 shares of company stock worth $594,106,626 in the last ninety days. 6.03% of the stock is owned by company insiders.

CCC Intelligent Solutions Company Profile

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.