Wealth Enhancement Advisory Services LLC Purchases 3,284 Shares of CCC Intelligent Solutions Holdings Inc. $CCCS

Wealth Enhancement Advisory Services LLC raised its position in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) by 8.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,573 shares of the company’s stock after acquiring an additional 3,284 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in CCC Intelligent Solutions were worth $425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Banque Cantonale Vaudoise bought a new stake in CCC Intelligent Solutions in the first quarter worth $37,000. AlphaQuest LLC bought a new stake in shares of CCC Intelligent Solutions in the 1st quarter worth about $47,000. SVB Wealth LLC bought a new stake in shares of CCC Intelligent Solutions in the 1st quarter worth about $60,000. Advisors Asset Management Inc. raised its position in shares of CCC Intelligent Solutions by 40.4% during the 1st quarter. Advisors Asset Management Inc. now owns 6,599 shares of the company’s stock valued at $60,000 after buying an additional 1,898 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of CCC Intelligent Solutions by 28.4% in the 1st quarter. Smartleaf Asset Management LLC now owns 9,321 shares of the company’s stock valued at $83,000 after acquiring an additional 2,063 shares during the last quarter. 95.79% of the stock is owned by hedge funds and other institutional investors.

CCC Intelligent Solutions Stock Up 1.2%

NYSE:CCCS opened at $9.49 on Tuesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.19 and a quick ratio of 3.19. The firm has a market cap of $6.18 billion, a PE ratio of 474.74 and a beta of 0.72. The company has a 50-day moving average of $9.62 and a 200 day moving average of $9.29. CCC Intelligent Solutions Holdings Inc. has a 1-year low of $8.14 and a 1-year high of $12.88.

CCC Intelligent Solutions (NYSE:CCCS) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.08 by $0.01. The firm had revenue of $260.45 million during the quarter, compared to analyst estimates of $256.21 million. CCC Intelligent Solutions had a return on equity of 5.35% and a net margin of 5.02%.The business’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.09 EPS. CCC Intelligent Solutions has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts anticipate that CCC Intelligent Solutions Holdings Inc. will post 0.17 EPS for the current fiscal year.

Insider Transactions at CCC Intelligent Solutions

In other CCC Intelligent Solutions news, CAO Rodney Christo sold 5,302 shares of CCC Intelligent Solutions stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $9.76, for a total value of $51,747.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Eric Wei sold 30,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $9.87, for a total transaction of $296,100,000.00. Following the completion of the transaction, the director directly owned 866,345 shares of the company’s stock, valued at approximately $8,550,825.15. The trade was a 97.19% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 60,197,833 shares of company stock worth $594,106,626. 6.03% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on CCCS shares. JPMorgan Chase & Co. cut CCC Intelligent Solutions from a “neutral” rating to an “underweight” rating and set a $10.00 price objective on the stock. in a research note on Monday, June 23rd. Piper Sandler reissued a “hold” rating and set a $10.00 target price on shares of CCC Intelligent Solutions in a research report on Thursday, August 14th. Barrington Research restated an “outperform” rating and set a $14.00 price target on shares of CCC Intelligent Solutions in a report on Monday, August 4th. Finally, Barclays lifted their price objective on shares of CCC Intelligent Solutions from $11.00 to $12.00 and gave the stock an “equal weight” rating in a research note on Friday, August 1st. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $11.75.

CCC Intelligent Solutions Profile

CCC Intelligent Solutions Holdings Inc, operates as a software as a service company for the property and casualty insurance economy in the United States and China. The company's cloud-based software as a service platform connects trading partners, facilitates commerce, and supports mission-critical, artificial intelligence enabled digital workflow across the insurance economy, including insurers, repairers, automakers, parts suppliers, lenders and more.