Consensus Cloud Solutions (NASDAQ:CCSI) Director Nathaniel Simmons Sells 8,000 Shares of Stock

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) Director Nathaniel Simmons sold 8,000 shares of the company’s stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $42.78, for a total value of $342,240.00. Following the sale, the director owned 23,658 shares in the company, valued at approximately $1,012,089.24. The trade was a 25.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Consensus Cloud Solutions Trading Down 3.1%

NASDAQ CCSI opened at $43.31 on Friday. The stock has a market capitalization of $771.35 million, a P/E ratio of 9.08 and a beta of 1.56. The business has a 50 day simple moving average of $36.97 and a 200 day simple moving average of $32.72. The company has a debt-to-equity ratio of 11.39, a current ratio of 1.99 and a quick ratio of 1.90. Consensus Cloud Solutions, Inc. has a one year low of $20.20 and a one year high of $45.68.

Consensus Cloud Solutions (NASDAQ:CCSI) last issued its quarterly earnings results on Thursday, November 5th. The company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.09. The firm had revenue of $91.00 million for the quarter, compared to analyst estimates of $90.96 million. Consensus Cloud Solutions had a return on equity of 300.98% and a net margin of 26.42%. Consensus Cloud Solutions has set its Q4 2026 guidance at 1.480-1.580 EPS and its FY 2026 guidance at 6.000-6.100 EPS. Research analysts expect that Consensus Cloud Solutions, Inc. will post 5.03 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CCSI. Integrated Wealth Concepts LLC acquired a new stake in shares of Consensus Cloud Solutions in the 2nd quarter worth about $49,000. Legal & General Group Plc purchased a new stake in shares of Consensus Cloud Solutions in the second quarter worth approximately $68,000. State of Alaska Department of Revenue raised its stake in shares of Consensus Cloud Solutions by 44.6% in the third quarter. State of Alaska Department of Revenue now owns 3,098 shares of the company’s stock worth $107,000 after purchasing an additional 956 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of Consensus Cloud Solutions in the first quarter valued at approximately $120,000. Finally, Pallas Capital Advisors LLC bought a new position in shares of Consensus Cloud Solutions in the second quarter valued at approximately $252,000. 93.93% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently issued reports on CCSI shares. BTIG Research reiterated a “buy” rating and set a $50.00 target price on shares of Consensus Cloud Solutions in a research report on Friday, September 25th. Oppenheimer raised their price target 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. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research note on Monday, November 2nd. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $45.00.

About Consensus Cloud Solutions

Consensus Cloud Solutions provides cloud-based digital information delivery and exchange services for healthcare organizations, businesses and government agencies. Its offerings include cloud fax solutions that allow users to send and receive documents electronically, along with tools designed to support secure data exchange and workflow integration. The company’s products include eFax and eFax Corporate, as well as solutions for connecting information systems and exchanging data. Its services are used in healthcare settings to help organizations share patient and administrative information, and in other industries for document-based communications.