CCC Intelligent Solutions Holdings Inc. $CCCS Shares Purchased by Alfreton Capital LLP

Alfreton Capital LLP grew its stake in CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) by 381.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,000,000 shares of the company’s stock after purchasing an additional 5,544,792 shares during the period. CCC Intelligent Solutions comprises about 19.1% of Alfreton Capital LLP’s investment portfolio, making the stock its 4th biggest position. Alfreton Capital LLP owned about 1.07% of CCC Intelligent Solutions worth $65,870,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of CCC Intelligent Solutions in the second quarter valued at about $25,000. Park Place Capital Corp lifted its position in shares of CCC Intelligent Solutions by 47.6% in the 2nd quarter. Park Place Capital Corp now owns 3,806 shares of the company’s stock worth $36,000 after acquiring an additional 1,228 shares during the period. Banque Cantonale Vaudoise acquired a new stake in shares of CCC Intelligent Solutions during the 1st quarter worth approximately $37,000. AlphaQuest LLC bought a new stake in shares of CCC Intelligent Solutions during the first quarter valued at approximately $47,000. Finally, SVB Wealth LLC bought a new stake in shares of CCC Intelligent Solutions during the first quarter valued at approximately $60,000. Institutional investors own 95.79% of the company’s stock.

CCC Intelligent Solutions Stock Performance

Shares of CCC Intelligent Solutions stock opened at $7.37 on Monday. 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 50 day simple moving average of $8.99 and a 200 day simple moving average of $9.25. CCC Intelligent Solutions Holdings Inc. has a fifty-two week low of $8.14 and a fifty-two week high of $12.88. The firm has a market cap of $4.80 billion, a P/E ratio of 368.68 and a beta of 0.72.

CCC Intelligent Solutions (NYSE:CCCS) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.09 EPS for the quarter, meeting analysts’ consensus estimates of $0.09. The firm had revenue of $267.12 million for the quarter, compared to analyst estimates of $265.01 million. CCC Intelligent Solutions had a return on equity of 5.35% and a net margin of 5.02%.The business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period last year, the company earned $0.10 EPS. CCC Intelligent Solutions has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts predict that CCC Intelligent Solutions Holdings Inc. will post 0.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CCCS has been the subject of several research reports. Piper Sandler reduced their target price on CCC Intelligent Solutions from $10.00 to $9.50 and set a “neutral” rating for the company in a research report on Friday, October 31st. Jefferies Financial Group set a $11.00 price objective on shares of CCC Intelligent Solutions in a report on Thursday, October 30th. Stifel Nicolaus lowered their target price on shares of CCC Intelligent Solutions from $13.00 to $11.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Barrington Research reissued an “outperform” rating and issued a $14.00 price target on shares of CCC Intelligent Solutions in a research report on Monday, October 27th. Finally, Barclays cut their price target on shares of CCC Intelligent Solutions from $12.00 to $11.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 14th. Four 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. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $11.38.

Insider Buying and Selling

In other CCC Intelligent Solutions news, insider John Page Goodson sold 150,000 shares of the business’s stock in a transaction dated Wednesday, September 17th. The stock was sold at an average price of $9.59, for a total transaction of $1,438,500.00. Following the completion of the sale, the insider directly owned 157,478 shares of the company’s stock, valued at approximately $1,510,214.02. The trade was a 48.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 6.03% of the stock is currently owned by insiders.

CCC Intelligent Solutions Company 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.