AustralianSuper Pty Ltd Buys Shares of 2,545,949 CCC Intelligent Solutions Holdings Inc. $CCCS

AustralianSuper Pty Ltd bought a new position in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,545,949 shares of the company’s stock, valued at approximately $23,194,000. AustralianSuper Pty Ltd owned 0.39% of CCC Intelligent Solutions as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CCCS. Principal Financial Group Inc. raised its position in CCC Intelligent Solutions by 20.4% in the 3rd quarter. Principal Financial Group Inc. now owns 38,305,155 shares of the company’s stock valued at $348,960,000 after purchasing an additional 6,501,213 shares in the last quarter. Norges Bank purchased a new stake in shares of CCC Intelligent Solutions during the second quarter worth approximately $59,755,000. Artisan Partners Limited Partnership raised its holdings in CCC Intelligent Solutions by 23.9% in the second quarter. Artisan Partners Limited Partnership now owns 31,055,604 shares of the company’s stock valued at $292,233,000 after acquiring an additional 5,991,997 shares in the last quarter. Vanguard Group Inc. raised its holdings in CCC Intelligent Solutions by 9.4% in the third quarter. Vanguard Group Inc. now owns 65,902,505 shares of the company’s stock valued at $600,372,000 after acquiring an additional 5,651,113 shares in the last quarter. Finally, Alfreton Capital LLP lifted its stake in CCC Intelligent Solutions by 381.0% in the second quarter. Alfreton Capital LLP now owns 7,000,000 shares of the company’s stock worth $65,870,000 after acquiring an additional 5,544,792 shares during the last quarter. Hedge funds and other institutional investors own 95.79% of the company’s stock.

CCC Intelligent Solutions Price Performance

CCC Intelligent Solutions stock opened at $5.57 on Wednesday. The company has a current ratio of 3.19, a quick ratio of 3.19 and a debt-to-equity ratio of 0.39. The company has a fifty day simple moving average of $7.01 and a 200-day simple moving average of $8.08. The stock has a market cap of $3.63 billion, a P/E ratio of 278.64 and a beta of 0.72. 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.