CCC Intelligent Solutions Holdings Inc. $CCCS Holdings Decreased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. lowered its position in CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) by 1.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 621,346 shares of the company’s stock after selling 12,086 shares during the quarter. Oppenheimer Asset Management Inc. owned approximately 0.09% of CCC Intelligent Solutions worth $5,847,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Amalgamated Bank grew its stake in CCC Intelligent Solutions by 4.9% in the first quarter. Amalgamated Bank now owns 24,885 shares of the company’s stock valued at $225,000 after purchasing an additional 1,163 shares in the last quarter. Park Place Capital Corp grew its stake in CCC Intelligent Solutions by 47.6% in the second quarter. Park Place Capital Corp now owns 3,806 shares of the company’s stock valued at $36,000 after purchasing an additional 1,228 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in CCC Intelligent Solutions by 14.6% in the second quarter. Valeo Financial Advisors LLC now owns 12,706 shares of the company’s stock valued at $120,000 after purchasing an additional 1,622 shares in the last quarter. Stephens Inc. AR grew its stake in CCC Intelligent Solutions by 7.8% in the first quarter. Stephens Inc. AR now owns 25,056 shares of the company’s stock valued at $226,000 after purchasing an additional 1,811 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in CCC Intelligent Solutions by 6.8% in the first quarter. Baird Financial Group Inc. now owns 28,822 shares of the company’s stock valued at $260,000 after purchasing an additional 1,833 shares in the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

Insider Transactions at CCC Intelligent Solutions

In other CCC Intelligent Solutions news, CAO Rodney Christo sold 5,302 shares of the firm’s stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $9.76, for a total value of $51,747.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Eric Wei sold 30,000,000 shares of the firm’s 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 completion of the sale, 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 60,197,833 shares of company stock worth $594,106,626 over the last 90 days. Insiders own 6.03% of the company’s stock.

CCC Intelligent Solutions Price Performance

Shares of CCCS stock opened at $9.30 on Tuesday. The stock has a 50 day moving average of $9.46 and a two-hundred day moving average of $9.32. The company has a current ratio of 3.19, a quick ratio of 3.19 and a debt-to-equity ratio of 0.39. 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 market capitalization of $6.06 billion, a P/E ratio of 465.23 and a beta of 0.72.

CCC Intelligent Solutions (NYSE:CCCS) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. CCC Intelligent Solutions had a return on equity of 5.35% and a net margin of 5.02%.The company had revenue of $260.45 million during the quarter, compared to the consensus estimate of $256.21 million. During the same quarter last year, the company earned $0.09 EPS. The company’s quarterly revenue 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. As a group, equities analysts expect that CCC Intelligent Solutions Holdings Inc. will post 0.17 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have commented on the company. Barrington Research restated an “outperform” rating and issued a $14.00 target price on shares of CCC Intelligent Solutions in a research note on Monday. Barclays decreased their price target on CCC Intelligent Solutions from $12.00 to $11.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 14th. Finally, Piper Sandler reiterated a “hold” rating and set a $10.00 price target on shares of CCC Intelligent Solutions in a research note on Thursday, August 14th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $11.58.

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.