Akre Capital Management LLC Purchases 1,500,000 Shares of CCC Intelligent Solutions Holdings Inc. $CCCS

Akre Capital Management LLC grew its holdings in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) by 10.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 16,270,128 shares of the company’s stock after acquiring an additional 1,500,000 shares during the quarter. CCC Intelligent Solutions accounts for approximately 1.5% of Akre Capital Management LLC’s holdings, making the stock its 13th biggest holding. Akre Capital Management LLC owned approximately 2.50% of CCC Intelligent Solutions worth $148,221,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in CCC Intelligent Solutions during the 2nd quarter valued at $25,000. Osaic Holdings Inc. raised its position in CCC Intelligent Solutions by 293.7% during the 2nd quarter. Osaic Holdings Inc. now owns 3,083 shares of the company’s stock valued at $29,000 after purchasing an additional 2,300 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in CCC Intelligent Solutions by 40.4% in the 1st 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 period. TD Private Client Wealth LLC lifted its holdings in CCC Intelligent Solutions by 153.7% in the 3rd 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 period. Finally, Huntington National Bank grew its position in shares of CCC Intelligent Solutions by 73.3% in the 3rd quarter. Huntington National Bank now owns 10,184 shares of the company’s stock worth $93,000 after buying an additional 4,309 shares during the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

CCC Intelligent Solutions Trading Up 2.7%

NYSE:CCCS opened at $6.02 on Friday. The company has a 50-day moving average price of $6.72 and a 200-day moving average price of $7.92. The stock has a market cap of $3.92 billion, a price-to-earnings ratio of 301.15 and a beta of 0.72. The company has a current ratio of 3.19, a quick ratio of 3.19 and a debt-to-equity ratio of 0.39. CCC Intelligent Solutions Holdings Inc. has a 12 month low of $8.14 and a 12 month 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.