North Star Investment Management Corp. Invests $522,000 in Consensus Cloud Solutions, Inc. $CCSI

North Star Investment Management Corp. purchased a new stake in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSIFree Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 22,000 shares of the company’s stock, valued at approximately $522,000. North Star Investment Management Corp. owned approximately 0.12% of Consensus Cloud Solutions at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Consensus Cloud Solutions by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,810 shares of the company’s stock valued at $249,000 after purchasing an additional 468 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Consensus Cloud Solutions by 149,428.6% in the 1st quarter. Jones Financial Companies Lllp now owns 10,467 shares of the company’s stock worth $242,000 after buying an additional 10,460 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Consensus Cloud Solutions in the 1st quarter valued at about $632,000. Acadian Asset Management LLC boosted its holdings in shares of Consensus Cloud Solutions by 117.8% in the 1st quarter. Acadian Asset Management LLC now owns 15,416 shares of the company’s stock valued at $354,000 after buying an additional 8,339 shares during the period. Finally, Strs Ohio bought a new stake in shares of Consensus Cloud Solutions during the 1st quarter valued at about $134,000. 93.93% of the stock is currently owned by institutional investors.

Insider Transactions at Consensus Cloud Solutions

In related news, Director Elaine Healy sold 4,000 shares of the 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 completion of the transaction, the director owned 27,658 shares in the company, valued at $947,839.66. This represents a 12.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 3.65% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

Read Our Latest Analysis on Consensus Cloud Solutions

Consensus Cloud Solutions Stock Down 0.3%

CCSI opened at $38.15 on Wednesday. The stock’s 50 day moving average price is $31.29 and its 200 day moving average price is $27.28. 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 stock has a market cap of $701.96 million, a P/E ratio of 8.33 and a beta of 1.59. Consensus Cloud Solutions, Inc. has a 12 month low of $19.42 and a 12 month high of $38.76.

Consensus Cloud Solutions (NASDAQ:CCSIGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $1.52 earnings per share (EPS) for the quarter, topping 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, research analysts predict that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current year.

Consensus Cloud Solutions Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Consensus Cloud Solutions (NASDAQ:CCSI)

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