GAMMA Investing LLC Has $854,000 Stock Position in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI)

GAMMA Investing LLC raised its position in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) by 2,327.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,020 shares of the company’s stock after purchasing an additional 35,495 shares during the quarter. GAMMA Investing LLC owned approximately 0.19% of Consensus Cloud Solutions worth $854,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CCSI. AlphaQuest LLC boosted its stake in Consensus Cloud Solutions by 451.5% during the 4th quarter. AlphaQuest LLC now owns 2,173 shares of the company’s stock valued at $52,000 after purchasing an additional 1,779 shares during the period. Quantbot Technologies LP bought a new position in shares of Consensus Cloud Solutions in the 4th quarter worth $81,000. BNP Paribas Financial Markets acquired a new position in Consensus Cloud Solutions in the fourth quarter valued at about $135,000. Federated Hermes Inc. grew its stake in Consensus Cloud Solutions by 82.0% in the fourth quarter. Federated Hermes Inc. now owns 7,762 shares of the company’s stock valued at $185,000 after acquiring an additional 3,497 shares during the period. Finally, WINTON GROUP Ltd bought a new stake in shares of Consensus Cloud Solutions in the fourth quarter valued at about $210,000. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Analysts Set New Price Targets

Separately, Oppenheimer increased their price target on Consensus Cloud Solutions from $27.00 to $32.00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $27.40.

Consensus Cloud Solutions Price Performance

Shares of NASDAQ:CCSI opened at $22.21 on Wednesday. The company has a market capitalization of $433.98 million, a P/E ratio of 5.14 and a beta of 1.50. Consensus Cloud Solutions, Inc. has a 1 year low of $15.81 and a 1 year high of $32.10. The business’s 50 day simple moving average is $21.31 and its 200 day simple moving average is $23.71.

Consensus Cloud Solutions Company Profile

Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.