Clarkston Capital Partners LLC Sells 315,975 Shares of CCC Intelligent Solutions Holdings Inc. $CCCS

Clarkston Capital Partners LLC cut its position in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) by 3.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,098,565 shares of the company’s stock after selling 315,975 shares during the period. CCC Intelligent Solutions accounts for 1.6% of Clarkston Capital Partners LLC’s portfolio, making the stock its 22nd largest holding. Clarkston Capital Partners LLC’s holdings in CCC Intelligent Solutions were worth $73,778,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of CCCS. Vanguard Group Inc. increased its position in CCC Intelligent Solutions by 9.4% during the third quarter. Vanguard Group Inc. now owns 65,902,505 shares of the company’s stock worth $600,372,000 after buying an additional 5,651,113 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of CCC Intelligent Solutions by 20.4% in the third quarter. Principal Financial Group Inc. now owns 38,305,155 shares of the company’s stock valued at $348,960,000 after buying an additional 6,501,213 shares during the last quarter. Artisan Partners Limited Partnership lifted its position in shares of CCC Intelligent Solutions by 23.9% in the second quarter. Artisan Partners Limited Partnership now owns 31,055,604 shares of the company’s stock valued at $292,233,000 after buying an additional 5,991,997 shares during the last quarter. Brown Advisory Inc. boosted its stake in shares of CCC Intelligent Solutions by 9.8% during the 2nd quarter. Brown Advisory Inc. now owns 20,150,876 shares of the company’s stock worth $189,620,000 after acquiring an additional 1,804,084 shares during the period. Finally, Akre Capital Management LLC increased its holdings in shares of CCC Intelligent Solutions by 12.0% during the 2nd quarter. Akre Capital Management LLC now owns 14,770,128 shares of the company’s stock worth $138,987,000 after acquiring an additional 1,579,744 shares during the last quarter. 95.79% of the stock is owned by institutional investors.

CCC Intelligent Solutions Price Performance

NYSE:CCCS opened at $6.26 on Monday. CCC Intelligent Solutions Holdings Inc. has a one year low of $8.14 and a one year high of $12.88. The company has a market cap of $4.08 billion, a P/E ratio of 313.16 and a beta of 0.72. The firm’s fifty day moving average price is $6.88 and its two-hundred day moving average price is $8.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.19 and a quick ratio of 3.19.

CCC Intelligent Solutions Profile

CCC Intelligent Solutions Inc (NYSE: CCCS) is a leading provider of digital solutions and data analytics to the property and casualty insurance, automotive repair, and connected vehicle markets. The company’s core offerings are designed to improve the efficiency, accuracy, and transparency of collision repair and claims processes. By leveraging advanced machine learning, computer vision, and telematics, CCC enables insurers, repair shops, and vehicle owners to streamline workflows, enhance decision-making, and reduce cycle times.

The company’s flagship platform, CCC ONE®, integrates estimating, repair management, parts sourcing, supplier collaboration, and digital transaction workflows into a single, cloud-based environment.