Quantinno Capital Management LP Takes Position in Consensus Cloud Solutions, Inc. $CCSI

Quantinno Capital Management LP bought a new position in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 20,396 shares of the company’s stock, valued at approximately $484,000.

Other hedge funds have also added to or reduced their stakes in the company. Quarry LP acquired a new stake in Consensus Cloud Solutions during the 4th quarter worth approximately $25,000. State of Alaska Department of Revenue acquired a new position in Consensus Cloud Solutions in the 4th quarter valued at $46,000. Tower Research Capital LLC TRC increased its position in Consensus Cloud Solutions by 40.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock worth $46,000 after buying an additional 570 shares during the period. BNP Paribas Financial Markets increased its position in Consensus Cloud Solutions by 104.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock worth $111,000 after buying an additional 1,942 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in shares of Consensus Cloud Solutions during the second quarter worth $112,000. 93.93% of the stock is owned by institutional investors and hedge funds.

Consensus Cloud Solutions Stock Up 4.2%

CCSI stock opened at $38.77 on Friday. Consensus Cloud Solutions, Inc. has a 52 week low of $20.20 and a 52 week high of $41.40. The business has a 50-day simple moving average of $36.73 and a 200 day simple moving average of $31.21. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 13.19. The company has a market cap of $710.46 million, a PE ratio of 7.85 and a beta of 1.57.

Consensus Cloud Solutions (NASDAQ:CCSI) last released its earnings results on Thursday, August 6th. The company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.48 by $0.01. The firm had revenue of $91.36 million for the quarter, compared to analyst estimates of $89.63 million. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. 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. Sell-side analysts anticipate that Consensus Cloud Solutions, Inc. will post 5.03 EPS for the current fiscal year.

Insider Activity at Consensus Cloud Solutions

In other Consensus Cloud Solutions news, CTO Jeffrey Alan Sullivan sold 5,400 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $37.70, for a total transaction of $203,580.00. Following the completion of the sale, the chief technology officer directly owned 114,968 shares in the company, valued at $4,334,293.60. This represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 value of $137,080.00. Following the sale, the director owned 27,658 shares of the company’s stock, valued at $947,839.66. The trade was a 12.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 3.65% of the company’s stock.

Wall Street Analysts Forecast Growth

CCSI has been the subject of a number of recent research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research report on Tuesday, August 4th. Wall Street Zen upgraded shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 17th. BTIG Research boosted their price objective on shares of Consensus Cloud Solutions from $45.00 to $50.00 and gave the company a “buy” rating in a report on Monday, August 10th. Finally, Oppenheimer increased their target price on shares of Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Three 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, the company has an average rating of “Moderate Buy” and a consensus price target 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.