Clarkston Capital Partners LLC Sells 315,975 Shares of CCC Intelligent Solutions Holdings Inc. $CCCS

Clarkston Capital Partners LLC cut its stake in CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) by 3.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,098,565 shares of the company’s stock after selling 315,975 shares during the period. CCC Intelligent Solutions accounts for about 1.6% of Clarkston Capital Partners LLC’s investment portfolio, making the stock its 22nd biggest position. Clarkston Capital Partners LLC owned approximately 1.24% of CCC Intelligent Solutions worth $73,778,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of CCCS. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in CCC Intelligent Solutions during the 2nd quarter valued at about $25,000. Osaic Holdings Inc. grew its position in shares of CCC Intelligent Solutions by 293.7% during the 2nd quarter. Osaic Holdings Inc. now owns 3,083 shares of the company’s stock worth $29,000 after buying an additional 2,300 shares during the period. First Horizon Advisors Inc. grew its position in shares of CCC Intelligent Solutions by 134.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 6,409 shares of the company’s stock worth $60,000 after buying an additional 3,679 shares during the period. Advisors Asset Management Inc. raised its stake in shares of CCC Intelligent Solutions by 40.4% during the first quarter. Advisors Asset Management Inc. now owns 6,599 shares of the company’s stock worth $60,000 after buying an additional 1,898 shares during the last quarter. Finally, TD Private Client Wealth LLC raised its stake in shares of CCC Intelligent Solutions by 153.7% during the third quarter. TD Private Client Wealth LLC now owns 7,140 shares of the company’s stock worth $65,000 after buying an additional 4,326 shares during the last quarter. 95.79% of the stock is owned by institutional investors.

CCC Intelligent Solutions Stock Performance

Shares of CCC Intelligent Solutions stock opened at $6.26 on Monday. The firm has a fifty day moving average of $6.88 and a two-hundred day moving average of $8.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.19 and a current ratio of 3.19. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of 313.16 and a beta of 0.72. CCC Intelligent Solutions Holdings Inc. has a 52 week low of $8.14 and a 52 week high of $12.88.

CCC Intelligent Solutions Profile

CCC Intelligent Solutions Inc (NYSE: CCCS) is a leading provider of digital solutions and data analytics to the property and casualty insurance, automotive repair, and connected vehicle markets. The company’s core offerings are designed to improve the efficiency, accuracy, and transparency of collision repair and claims processes. By leveraging advanced machine learning, computer vision, and telematics, CCC enables insurers, repair shops, and vehicle owners to streamline workflows, enhance decision-making, and reduce cycle times.

The company’s flagship platform, CCC ONE®, integrates estimating, repair management, parts sourcing, supplier collaboration, and digital transaction workflows into a single, cloud-based environment.