CCC Intelligent Solutions Holdings Inc. $CCCS Shares Sold by Advent International L.P.

Advent International L.P. trimmed its holdings in CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) by 44.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,342,526 shares of the company’s stock after selling 30,000,000 shares during the quarter. CCC Intelligent Solutions comprises 6.9% of Advent International L.P.’s portfolio, making the stock its 3rd largest holding. Advent International L.P. owned about 5.73% of CCC Intelligent Solutions worth $340,190,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. grew its stake in shares of CCC Intelligent Solutions by 40.4% in the first quarter. Advisors Asset Management Inc. now owns 6,599 shares of the company’s stock worth $60,000 after purchasing an additional 1,898 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of CCC Intelligent Solutions by 68.0% during the first quarter. NewEdge Advisors LLC now owns 43,578 shares of the company’s stock valued at $394,000 after purchasing an additional 17,633 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of CCC Intelligent Solutions by 1,761.7% during the first quarter. Goldman Sachs Group Inc. now owns 3,006,256 shares of the company’s stock valued at $27,146,000 after purchasing an additional 2,844,773 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in CCC Intelligent Solutions by 6.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,232,145 shares of the company’s stock worth $11,126,000 after purchasing an additional 74,208 shares during the period. Finally, Jane Street Group LLC grew its position in CCC Intelligent Solutions by 179.6% in the 1st quarter. Jane Street Group LLC now owns 679,581 shares of the company’s stock valued at $6,137,000 after buying an additional 436,561 shares in the last quarter. Institutional investors own 95.79% of the company’s stock.

CCC Intelligent Solutions Stock Up 3.8%

CCC Intelligent Solutions stock opened at $6.02 on Friday. CCC Intelligent Solutions Holdings Inc. has a 52 week low of $8.14 and a 52 week high of $12.88. 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’s 50-day moving average price is $6.68 and its two-hundred day moving average price is $7.88. 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 Company 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.