Jeffrey Alan Sullivan Sells 5,400 Shares of Consensus Cloud Solutions (NASDAQ:CCSI) Stock

Consensus Cloud Solutions, Inc. (NASDAQ:CCSIGet Free Report) CTO Jeffrey Alan Sullivan sold 5,400 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total transaction of $203,580.00. Following the completion of the sale, the chief technology officer directly owned 114,968 shares of the company’s stock, valued at approximately $4,334,293.60. This trade represents a 4.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Consensus Cloud Solutions Stock Down 0.1%

Shares of NASDAQ CCSI opened at $39.07 on Friday. The company has a market capitalization of $715.96 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 current ratio of 1.90 and a quick ratio of 1.80. The company has a 50 day simple moving average of $36.39 and a 200-day simple moving average of $30.64. Consensus Cloud Solutions, Inc. has a 1 year low of $20.20 and a 1 year high of $41.40.

Consensus Cloud Solutions (NASDAQ:CCSIGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.01. The firm had revenue of $91.36 million for the quarter, compared to analysts’ expectations 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. On average, equities research analysts predict that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CCSI. Jupiter Topco LLC purchased a new position in shares of Consensus Cloud Solutions during the second quarter worth $94,988,000. Janus Henderson Group PLC grew its stake in shares of Consensus Cloud Solutions by 4.0% in the first quarter. Janus Henderson Group PLC now owns 2,468,048 shares of the company’s stock valued at $58,591,000 after buying an additional 95,973 shares in the last quarter. Heron Bay Capital Management purchased a new stake in shares of Consensus Cloud Solutions in the 2nd quarter valued at $70,076,000. BlackRock Inc. purchased a new stake in shares of Consensus Cloud Solutions in the 2nd quarter valued at $52,676,000. Finally, LSV Asset Management lifted its stake in Consensus Cloud Solutions by 81.2% during the 4th quarter. LSV Asset Management now owns 716,585 shares of the company’s stock worth $15,636,000 after acquiring an additional 321,200 shares in the last quarter. 93.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. Oppenheimer increased their price target on Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Weiss Ratings restated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a report 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. Finally, BTIG Research upped their target price 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. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Consensus Cloud Solutions presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.67.

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Consensus Cloud Solutions Company Profile

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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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