Jeffrey Alan Sullivan Sells 5,400 Shares of Consensus Cloud Solutions (NASDAQ:CCSI) Stock

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) CTO Jeffrey Alan Sullivan sold 5,400 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total value of $203,580.00. Following the completion of the transaction, the chief technology officer directly owned 114,968 shares of the company’s stock, valued at approximately $4,334,293.60. This represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Consensus Cloud Solutions Price Performance

CCSI traded down $0.03 on Friday, hitting $39.07. 147,810 shares of the company’s stock were exchanged, compared to its average volume of 174,482. Consensus Cloud Solutions, Inc. has a fifty-two week low of $20.20 and a fifty-two week high of $41.40. The stock has a market cap of $716.15 million, a price-to-earnings ratio of 7.91 and a beta of 1.57. The firm has a 50-day moving average price of $36.28 and a 200-day moving average price of $30.58. The company has a current ratio of 1.90, a quick ratio of 1.80 and a debt-to-equity ratio of 13.19.

Consensus Cloud Solutions (NASDAQ:CCSI) last issued its earnings results on Thursday, August 6th. The company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.01. The business had revenue of $91.36 million during the quarter, compared to analysts’ expectations of $89.63 million. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. Consensus Cloud Solutions has set its Q3 2026 guidance at 1.340-1.440 EPS and its FY 2026 guidance at 5.550-5.950 EPS. As a group, equities analysts anticipate that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Wall Street Zen raised shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 17th. BTIG Research upped their price target on Consensus Cloud Solutions from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Monday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Consensus Cloud Solutions in a report on Tuesday, August 4th. Finally, Oppenheimer boosted their price objective on Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research note on Monday. 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, the stock has a consensus rating of “Moderate Buy” and an average price target of $41.67.

Institutional Trading of Consensus Cloud Solutions

Several hedge funds have recently made changes to their positions in CCSI. Quarry LP purchased a new stake in Consensus Cloud Solutions in the fourth quarter valued at $25,000. State of Alaska Department of Revenue purchased a new position in Consensus Cloud Solutions during the fourth quarter worth about $46,000. Tower Research Capital LLC TRC increased its position in shares of 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 acquiring an additional 570 shares during the last quarter. Legal & General Group Plc purchased a new stake in shares of Consensus Cloud Solutions in the 2nd quarter valued at approximately $68,000. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Consensus Cloud Solutions by 104.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock worth $111,000 after acquiring an additional 1,942 shares during the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Consensus Cloud Solutions Company Profile

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.