Public Employees Retirement System of Ohio Takes $7.69 Million Position in Consensus Cloud Solutions, Inc. $CCSI

Public Employees Retirement System of Ohio purchased a new position in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 201,563 shares of the company’s stock, valued at approximately $7,690,000.

Other institutional investors also recently made changes to their positions in the company. Quarry LP acquired a new stake in Consensus Cloud Solutions in the fourth quarter valued at $25,000. Tower Research Capital LLC TRC raised its stake in 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 worth $46,000 after acquiring an additional 570 shares during the period. Legal & General Group Plc bought a new stake in shares of Consensus Cloud Solutions in the 2nd quarter worth approximately $68,000. BNP Paribas Financial Markets lifted its stake in Consensus Cloud Solutions by 104.9% in the third quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock valued at $111,000 after buying an additional 1,942 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in Consensus Cloud Solutions in the 2nd quarter valued at about $112,000. 93.93% of the stock is owned by institutional investors and hedge funds.

Consensus Cloud Solutions Stock Down 5.5%

CCSI opened at $36.13 on Wednesday. The company has a market capitalization of $662.26 million, a PE ratio of 7.31 and a beta of 1.57. The business has a 50-day moving average of $37.32 and a 200-day moving average of $31.99. The company has a debt-to-equity ratio of 13.19, a current ratio of 1.90 and a quick ratio of 1.90. 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) last posted its earnings results 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 during 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. Equities research analysts forecast that Consensus Cloud Solutions, Inc. will post 5.03 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CTO Jeffrey Alan Sullivan sold 5,400 shares of the business’s stock in a transaction that occurred 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 sale, the chief technology officer directly owned 114,968 shares in the company, valued at approximately $4,334,293.60. The trade was a 4.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 3.65% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on CCSI. Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 17th. Oppenheimer raised their target price on shares of 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. Finally, BTIG Research boosted their price objective on Consensus Cloud Solutions from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $41.67.

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.