Denali Advisors LLC Sells 36,260 Shares of Consensus Cloud Solutions, Inc. $CCSI

Denali Advisors LLC lessened its holdings in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) by 13.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 230,924 shares of the company’s stock after selling 36,260 shares during the period. Consensus Cloud Solutions accounts for approximately 0.9% of Denali Advisors LLC’s holdings, making the stock its 19th biggest position. Denali Advisors LLC’s holdings in Consensus Cloud Solutions were worth $8,810,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CCSI. Quarry LP bought a new stake in Consensus Cloud Solutions during the fourth quarter worth about $25,000. State of Alaska Department of Revenue purchased a new stake in Consensus Cloud Solutions in the fourth quarter worth about $46,000. Tower Research Capital LLC TRC increased its stake in shares of Consensus Cloud Solutions by 40.5% during the second quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock valued at $46,000 after purchasing an additional 570 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Consensus Cloud Solutions by 104.9% during the third quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock valued at $111,000 after purchasing an additional 1,942 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new position in shares of Consensus Cloud Solutions during the second quarter valued at approximately $112,000. 93.93% of the stock is owned by hedge funds and other institutional investors.

Consensus Cloud Solutions Trading Up 0.1%

Shares of NASDAQ CCSI opened at $38.12 on Thursday. The firm’s 50 day moving average price is $36.61 and its 200-day moving average price is $31.04. Consensus Cloud Solutions, Inc. has a 52-week low of $20.20 and a 52-week high of $41.40. 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 company has a market cap of $698.74 million, a PE ratio of 7.72 and a beta of 1.57.

Consensus Cloud Solutions (NASDAQ:CCSI) last announced 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. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. The company had revenue of $91.36 million during the quarter, compared to the consensus estimate 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, equities research analysts expect that Consensus Cloud Solutions, Inc. will post 5.08 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on CCSI shares. Weiss Ratings restated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, May 17th. Oppenheimer increased their target price on Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Finally, BTIG Research raised their price target on Consensus Cloud Solutions from $45.00 to $50.00 and gave the company a “buy” rating in a report on Monday, August 10th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Consensus Cloud Solutions currently has an average rating of “Moderate Buy” and an average price target of $41.67.

Insiders Place Their Bets

In other news, Director Elaine Healy sold 4,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $34.27, for a total transaction of $137,080.00. Following the transaction, the director directly owned 27,658 shares of the company’s stock, valued at $947,839.66. This represents a 12.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Jeffrey Alan Sullivan sold 5,400 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total value 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. This trade represents a 4.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 3.65% of the stock is currently owned by company insiders.

Consensus Cloud Solutions 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.