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

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) CTO Jeffrey Alan Sullivan sold 5,400 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $37.70, for a total transaction of $203,580.00. Following the transaction, the chief technology officer owned 114,968 shares in the company, valued at approximately $4,334,293.60. This trade represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Consensus Cloud Solutions Trading Down 0.1%

NASDAQ:CCSI opened at $39.07 on Friday. The company has a debt-to-equity ratio of 13.19, a quick ratio of 1.80 and a current ratio of 1.90. The firm has a market cap of $716.15 million, a price-to-earnings ratio of 7.91 and a beta of 1.57. Consensus Cloud Solutions, Inc. has a 52 week low of $20.20 and a 52 week high of $41.40. The firm has a 50-day moving average price of $36.39 and a two-hundred day moving average price of $30.64.

Consensus Cloud Solutions (NASDAQ:CCSI) last posted its earnings results on Thursday, August 6th. The company reported $1.49 EPS for the quarter, topping 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 firm had revenue of $91.36 million for 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. On average, equities analysts expect that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

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

Wall Street Analysts Forecast Growth

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

About Consensus Cloud Solutions

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.