CCC Intelligent Solutions Holdings Inc. Common Stock $CCC Shares Newly Bought by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP purchased a new position in shares of CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 125,044 shares of the company’s stock, valued at approximately $823,000.

Several other institutional investors have also made changes to their positions in CCC. Nykredit A S bought a new stake in shares of CCC Intelligent Solutions Holdings Inc. Common Stock in the 2nd quarter valued at approximately $26,000. Essential Partners LLC acquired a new position in CCC Intelligent Solutions Holdings Inc. Common Stock in the first quarter worth approximately $38,000. Parallel Advisors LLC increased its holdings in CCC Intelligent Solutions Holdings Inc. Common Stock by 46.1% in the third quarter. Parallel Advisors LLC now owns 6,038 shares of the company’s stock worth $40,000 after buying an additional 1,904 shares during the last quarter. IFP Advisors Inc increased its holdings in CCC Intelligent Solutions Holdings Inc. Common Stock by 99.9% in the second quarter. IFP Advisors Inc now owns 8,179 shares of the company’s stock worth $42,000 after buying an additional 4,088 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new position in CCC Intelligent Solutions Holdings Inc. Common Stock during the second quarter valued at approximately $53,000. 95.79% of the stock is currently owned by institutional investors and hedge funds.

CCC Intelligent Solutions Holdings Inc. Common Stock Price Performance

NASDAQ CCC opened at $7.69 on Friday. CCC Intelligent Solutions Holdings Inc. Common Stock has a fifty-two week low of $4.08 and a fifty-two week high of $8.68. The stock’s 50-day moving average is $7.18 and its two-hundred day moving average is $6.12. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 2.05. The firm has a market cap of $4.55 billion, a P/E ratio of 28.56, a price-to-earnings-growth ratio of 2.84 and a beta of 0.38.

CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. The company had revenue of $294.09 million during the quarter. CCC Intelligent Solutions Holdings Inc. Common Stock had a return on equity of 9.11% and a net margin of 6.54%. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. On average, analysts anticipate that CCC Intelligent Solutions Holdings Inc. Common Stock will post 0.27 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on CCC shares. Truist Financial set a $7.75 price objective on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a research report on Friday, October 16th. Evercore downgraded shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 3rd. Citigroup increased their price target on shares of CCC Intelligent Solutions Holdings Inc. Common Stock from $6.00 to $6.50 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Barclays dropped their price target on shares of CCC Intelligent Solutions Holdings Inc. Common Stock from $8.00 to $7.75 and set an “equal weight” rating on the stock in a research note on Friday, October 16th. Finally, Wall Street Zen downgraded shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, CCC Intelligent Solutions Holdings Inc. Common Stock currently has a consensus rating of “Hold” and a consensus price target of $8.79.

CCC Intelligent Solutions Holdings Inc. Common Stock Profile

CCC Intelligent Solutions Holdings Inc. provides cloud-based software and data solutions for the property and casualty insurance economy. Its platform supports workflows that connect insurers, collision repair facilities, automotive manufacturers, parts suppliers and other participants involved in vehicle claims. The company’s products help manage claims from initial reporting and damage assessment through repair estimates, parts sourcing and communications. Its tools also use artificial intelligence and data analytics to support decision-making and automate aspects of claims and repair processes.