Insider Selling: Consensus Cloud Solutions (NASDAQ:CCSI) Director Sells 4,000 Shares of Stock

Consensus Cloud Solutions, Inc. (NASDAQ:CCSIGet Free Report) Director Elaine Healy sold 4,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $34.27, for a total value of $137,080.00. Following the transaction, the director owned 27,658 shares in the company, valued at approximately $947,839.66. This represents a 12.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Consensus Cloud Solutions Trading Up 2.0%

NASDAQ:CCSI traded up $0.67 during mid-day trading on Thursday, reaching $34.36. 180,586 shares of the company’s stock traded hands, compared to its average volume of 188,508. Consensus Cloud Solutions, Inc. has a 12-month low of $19.42 and a 12-month high of $37.30. The firm has a market capitalization of $632.22 million, a price-to-earnings ratio of 7.50 and a beta of 1.59. The company has a debt-to-equity ratio of 24.99, a current ratio of 1.80 and a quick ratio of 1.80. The company has a 50 day moving average price of $27.46 and a 200-day moving average price of $25.58.

Consensus Cloud Solutions (NASDAQ:CCSIGet Free Report) last released its earnings results on Thursday, May 7th. The company reported $1.52 EPS 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 analysts’ expectations 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. On average, sell-side analysts predict that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current year.

Hedge Funds Weigh In On Consensus Cloud Solutions

Several hedge funds and other institutional investors have recently modified their holdings of CCSI. Quarry LP bought a new position in Consensus Cloud Solutions in the 4th quarter worth $25,000. State of Alaska Department of Revenue bought a new position in Consensus Cloud Solutions in the 4th quarter worth $46,000. Tower Research Capital LLC TRC raised its holdings in Consensus Cloud Solutions by 40.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock worth $46,000 after purchasing an additional 570 shares during the period. BNP Paribas Financial Markets raised its holdings in 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 purchasing an additional 1,942 shares during the period. Finally, Quantbot Technologies LP bought a new position in Consensus Cloud Solutions in the 2nd quarter worth $112,000. 93.93% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on CCSI shares. Oppenheimer upped their price objective on Consensus Cloud Solutions from $32.00 to $35.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. BTIG Research upped their price objective on Consensus Cloud Solutions from $37.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Weiss Ratings raised Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, May 17th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $36.67.

Check Out Our Latest Research Report on CCSI

About Consensus Cloud Solutions

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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.

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