Geode Capital Management LLC Has $11.66 Million Stake in Consensus Cloud Solutions, Inc. $CCSI

Geode Capital Management LLC boosted its position in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) by 7.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 505,506 shares of the company’s stock after purchasing an additional 36,357 shares during the period. Geode Capital Management LLC owned 2.59% of Consensus Cloud Solutions worth $11,659,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Federated Hermes Inc. boosted its position in shares of Consensus Cloud Solutions by 20.2% in the first quarter. Federated Hermes Inc. now owns 9,327 shares of the company’s stock worth $215,000 after buying an additional 1,565 shares during the period. Vanguard Group Inc. boosted its position in Consensus Cloud Solutions by 3.3% during the 1st quarter. Vanguard Group Inc. now owns 1,562,117 shares of the company’s stock worth $36,054,000 after acquiring an additional 50,175 shares during the period. Nuveen LLC acquired a new stake in Consensus Cloud Solutions during the 1st quarter worth about $1,048,000. Brandywine Global Investment Management LLC grew its stake in Consensus Cloud Solutions by 8.4% during the 1st quarter. Brandywine Global Investment Management LLC now owns 71,000 shares of the company’s stock valued at $1,639,000 after acquiring an additional 5,510 shares in the last quarter. Finally, Ieq Capital LLC increased its holdings in shares of Consensus Cloud Solutions by 25.1% in the 1st quarter. Ieq Capital LLC now owns 31,259 shares of the company’s stock valued at $721,000 after purchasing an additional 6,262 shares during the period. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Consensus Cloud Solutions Stock Performance

Consensus Cloud Solutions stock opened at $22.48 on Wednesday. Consensus Cloud Solutions, Inc. has a 52 week low of $17.84 and a 52 week high of $32.10. The firm has a market capitalization of $427.34 million, a PE ratio of 5.34 and a beta of 1.55. The business’s 50-day simple moving average is $25.72 and its 200-day simple moving average is $24.43.

Consensus Cloud Solutions (NASDAQ:CCSI) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.02. Consensus Cloud Solutions had a net margin of 23.48% and a negative return on equity of 234.27%. The business had revenue of $87.77 million for the quarter, compared to the consensus estimate of $87.58 million. Consensus Cloud Solutions has set its Q4 2025 guidance at 1.270-1.370 EPS. Research analysts forecast that Consensus Cloud Solutions, Inc. will post 5.17 earnings per share for the current year.

Analysts Set New Price Targets

CCSI has been the subject of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of Consensus Cloud Solutions in a report on Wednesday, October 8th. Wedbush increased their target price on shares of Consensus Cloud Solutions from $26.00 to $35.00 and gave the stock an “outperform” rating in a research report on Thursday, November 6th. Finally, Wall Street Zen raised shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, November 16th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $29.00.

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.