CCC Intelligent Solutions Holdings Inc. $CCCS Shares Purchased by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS increased its holdings in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) by 14.8% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 104,100 shares of the company’s stock after purchasing an additional 13,400 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in CCC Intelligent Solutions were worth $980,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Park Place Capital Corp increased its position in CCC Intelligent Solutions by 47.6% during the 2nd quarter. Park Place Capital Corp now owns 3,806 shares of the company’s stock worth $36,000 after purchasing an additional 1,228 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in CCC Intelligent Solutions during the 1st quarter worth approximately $37,000. AlphaQuest LLC acquired a new stake in CCC Intelligent Solutions during the 1st quarter worth approximately $47,000. SVB Wealth LLC acquired a new stake in CCC Intelligent Solutions during the 1st quarter worth approximately $60,000. Finally, Advisors Asset Management Inc. grew its position in CCC Intelligent Solutions by 40.4% in the first quarter. Advisors Asset Management Inc. now owns 6,599 shares of the company’s stock valued at $60,000 after acquiring an additional 1,898 shares in the last quarter. Institutional investors and hedge funds own 95.79% of the company’s stock.

CCC Intelligent Solutions Stock Performance

Shares of CCCS opened at $9.28 on Thursday. The business’s fifty day moving average price is $9.55 and its 200 day moving average price is $9.30. CCC Intelligent Solutions Holdings Inc. has a 12-month low of $8.14 and a 12-month high of $12.88. The stock has a market capitalization of $6.04 billion, a PE ratio of 464.23 and a beta of 0.72. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.19 and a quick ratio of 3.19.

CCC Intelligent Solutions (NYSE:CCCS) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.01. CCC Intelligent Solutions had a return on equity of 5.35% and a net margin of 5.02%.The firm had revenue of $260.45 million for the quarter, compared to analysts’ expectations of $256.21 million. During the same period last year, the business posted $0.09 earnings per share. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. CCC Intelligent Solutions has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts forecast that CCC Intelligent Solutions Holdings Inc. will post 0.17 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on CCCS. JPMorgan Chase & Co. downgraded shares of CCC Intelligent Solutions from a “neutral” rating to an “underweight” rating and set a $10.00 price objective for the company. in a research report on Monday, June 23rd. Piper Sandler reaffirmed a “hold” rating and issued a $10.00 price objective on shares of CCC Intelligent Solutions in a research report on Thursday, August 14th. Barrington Research reaffirmed an “outperform” rating and issued a $14.00 price objective on shares of CCC Intelligent Solutions in a research report on Monday, August 4th. Finally, Barclays lowered their price objective on shares of CCC Intelligent Solutions from $12.00 to $11.00 and set an “equal weight” rating for the company in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.58.

Insider Transactions at CCC Intelligent Solutions

In related news, CAO Rodney Christo sold 5,302 shares of the firm’s stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $9.76, for a total transaction of $51,747.52. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider John Page Goodson sold 150,000 shares of the firm’s stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $9.59, for a total value of $1,438,500.00. Following the completion of the sale, the insider owned 157,478 shares in the company, valued at $1,510,214.02. The trade was a 48.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 60,197,833 shares of company stock valued at $594,106,626. Company insiders own 6.03% of the company’s stock.

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.