Jupiter Topco LLC purchased a new stake in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,489,846 shares of the company’s stock, valued at approximately $94,988,000. Jupiter Topco LLC owned about 13.58% of Consensus Cloud Solutions as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also made changes to their positions in the company. Legal & General Group Plc bought a new stake in Consensus Cloud Solutions during the 2nd quarter valued at approximately $68,000. Kendall Capital Management bought a new position in Consensus Cloud Solutions in the 2nd quarter worth approximately $367,000. Ieq Capital LLC bought a new position in Consensus Cloud Solutions in the 2nd quarter worth approximately $329,000. Heron Bay Capital Management acquired a new position in shares of Consensus Cloud Solutions during the second quarter worth approximately $70,076,000. Finally, Meeder Asset Management Inc. acquired a new position in shares of Consensus Cloud Solutions during the second quarter worth approximately $255,000. 93.93% of the stock is currently owned by institutional investors.
Insider Activity
In other news, Director Elaine Healy sold 4,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $34.27, for a total value of $137,080.00. Following the sale, the director directly owned 27,658 shares in the company, valued at approximately $947,839.66. This represents a 12.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CTO Jeffrey Alan Sullivan sold 5,400 shares of the company’s stock in a transaction that occurred 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 sale, the chief technology officer owned 114,968 shares in the company, valued at approximately $4,334,293.60. This represents a 4.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 3.65% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Stock Report on CCSI
Consensus Cloud Solutions Price Performance
Shares of NASDAQ:CCSI opened at $38.39 on Thursday. The firm has a market capitalization of $703.69 million, a PE ratio of 7.77 and a beta of 1.57. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 13.19. Consensus Cloud Solutions, Inc. has a 1-year low of $20.20 and a 1-year high of $41.40. The business’s 50 day moving average is $36.98 and its 200-day moving average is $31.61.
Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.01. The company 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. Sell-side analysts predict that Consensus Cloud Solutions, Inc. will post 5.03 earnings per share for the current year.
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.
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