Consensus Cloud Solutions (NASDAQ:CCSI) Shares Up 7.7% – Here’s What Happened

Shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) traded up 7.7% on Wednesday . The stock traded as high as $39.65 and last traded at $41.1020. Approximately 12,562 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 183,775 shares. The stock had previously closed at $38.15.

Analyst Upgrades and Downgrades

Several equities analysts have commented on CCSI shares. Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, May 17th. Weiss Ratings raised shares of Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Finally, Oppenheimer increased their price target on shares of Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Consensus Cloud Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $36.67.

Consensus Cloud Solutions Stock Performance

The company has a debt-to-equity ratio of 24.99, a quick ratio of 1.80 and a current ratio of 1.80. The business has a 50-day moving average price of $31.69 and a 200 day moving average price of $27.49. The stock has a market capitalization of $698.10 million, a P/E ratio of 8.28 and a beta of 1.56.

Consensus Cloud Solutions (NASDAQ:CCSI) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.12. The company had revenue of $88.47 million during the quarter, compared to analyst estimates of $87.34 million. Consensus Cloud Solutions had a return on equity of 5,736.13% and a net margin of 25.09%.Consensus Cloud Solutions has set its Q2 2026 guidance at 1.430-1.530 EPS and its FY 2026 guidance at 5.550-5.950 EPS. As a group, sell-side analysts forecast that Consensus Cloud Solutions, Inc. will post 5.08 EPS for the current fiscal year.

Insider Activity at Consensus Cloud Solutions

In other news, Director Elaine Healy sold 4,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $34.27, for a total transaction of $137,080.00. Following the completion of the transaction, the director directly owned 27,658 shares in the company, valued at $947,839.66. This trade represents a 12.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 3.65% of the company’s stock.

Hedge Funds Weigh In On Consensus Cloud Solutions

Hedge funds have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Consensus Cloud Solutions by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,810 shares of the company’s stock worth $249,000 after purchasing an additional 468 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Consensus Cloud Solutions by 4.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 11,499 shares of the company’s stock valued at $245,000 after purchasing an additional 473 shares in the last quarter. First Trust Advisors LP lifted its position in Consensus Cloud Solutions by 0.9% during the third quarter. First Trust Advisors LP now owns 58,614 shares of the company’s stock valued at $1,721,000 after purchasing an additional 504 shares in the last quarter. Franklin Resources Inc. lifted its position in Consensus Cloud Solutions by 3.9% during the third quarter. Franklin Resources Inc. now owns 14,066 shares of the company’s stock valued at $413,000 after purchasing an additional 529 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in Consensus Cloud Solutions by 40.5% during the second quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock valued at $46,000 after purchasing an additional 570 shares during the period. Institutional investors own 93.93% of the company’s stock.

About Consensus Cloud Solutions

Consensus Cloud Solutions (NASDAQ: CCSI) is a provider of cloud consulting and managed services focused on helping organizations accelerate digital transformation. The company specializes in designing, deploying and supporting cloud architectures that leverage leading public and private cloud platforms, including infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS) environments. Its end-to-end approach encompasses strategy, implementation and ongoing optimization to align technology investments with business objectives.

The firm’s core offerings include cloud migration and deployment, application modernization, data analytics and cybersecurity solutions.