Y Intercept Hong Kong Ltd lowered its stake in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI – Free Report) by 55.2% during the first quarter, HoldingsChannel.com reports. The firm owned 26,868 shares of the company’s stock after selling 33,102 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Consensus Cloud Solutions were worth $638,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Quarry LP acquired a new stake in shares of Consensus Cloud Solutions during the fourth quarter worth $25,000. State of Alaska Department of Revenue bought a new position in Consensus Cloud Solutions during the fourth quarter worth about $46,000. Tower Research Capital LLC TRC boosted its holdings in Consensus Cloud Solutions by 40.5% during the second quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock worth $46,000 after buying an additional 570 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of Consensus Cloud Solutions by 104.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock worth $111,000 after buying an additional 1,942 shares during the period. Finally, Quantbot Technologies LP bought a new stake in shares of Consensus Cloud Solutions in the 2nd quarter valued at about $112,000. 93.93% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several research analysts recently weighed in on the stock. Wall Street Zen raised shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 17th. Oppenheimer increased their target price on shares of Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings raised shares of Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Consensus Cloud Solutions has an average rating of “Moderate Buy” and an average target price of $36.67.
Consensus Cloud Solutions Trading Up 0.7%
NASDAQ CCSI opened at $37.79 on Tuesday. Consensus Cloud Solutions, Inc. has a one year low of $19.42 and a one year high of $41.40. 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 firm has a market cap of $695.34 million, a P/E ratio of 8.25 and a beta of 1.56. The stock’s 50-day moving average is $33.21 and its 200-day moving average is $28.18.
Consensus Cloud Solutions (NASDAQ:CCSI – Get Free Report) last posted its 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 business 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. Sell-side analysts anticipate that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current fiscal year.
Insider Buying and Selling at Consensus Cloud Solutions
In other news, Director Elaine Healy sold 4,000 shares of the stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $34.27, for a total transaction of $137,080.00. Following the completion of the sale, the director owned 27,658 shares of the company’s stock, valued at $947,839.66. This represents a 12.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.65% of the stock is owned by company insiders.
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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