Consensus Cloud Solutions (NASDAQ:CCSI) Stock Price Up 4.7% – What’s Next?

Shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) shot up 4.7% on Tuesday . The company traded as high as $38.01 and last traded at $38.5890. Approximately 10,133 shares were traded during mid-day trading, a decline of 94% from the average session volume of 173,641 shares. The stock had previously closed at $36.84.

Analyst Ratings Changes

A number of brokerages recently commented on CCSI. BTIG Research upped their target price on Consensus Cloud Solutions from $45.00 to $50.00 and gave the company a “buy” rating in a report on Monday, August 10th. Wall Street Zen upgraded shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, May 17th. Oppenheimer boosted their price objective on shares of Consensus Cloud Solutions from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a report on Tuesday, August 4th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.67.

Consensus Cloud Solutions Trading Up 0.1%

The company has a market cap of $698.74 million, a PE ratio of 7.72 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. The stock has a 50 day moving average price of $36.61 and a 200 day moving average price of $31.04.

Consensus Cloud Solutions (NASDAQ:CCSI) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.01. The company had revenue of $91.36 million for the quarter, compared to analysts’ expectations of $89.63 million. Consensus Cloud Solutions had a return on equity of 502.63% and a net margin of 26.69%.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 5.08 EPS for the current fiscal year.

Insider Transactions at Consensus Cloud Solutions

In related news, CTO Jeffrey Alan Sullivan sold 5,400 shares of Consensus Cloud Solutions stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total transaction of $203,580.00. Following the completion of the transaction, the chief technology officer directly owned 114,968 shares of the company’s stock, valued at $4,334,293.60. This trade represents a 4.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Elaine Healy sold 4,000 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $34.27, for a total transaction of $137,080.00. Following the sale, the director directly owned 27,658 shares in the company, valued at $947,839.66. The trade was a 12.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 3.65% of the company’s stock.

Institutional Trading of Consensus Cloud Solutions

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 buying an additional 468 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Consensus Cloud Solutions by 149,428.6% during the first quarter. Jones Financial Companies Lllp now owns 10,467 shares of the company’s stock valued at $242,000 after acquiring an additional 10,460 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Consensus Cloud Solutions during the first quarter valued at $632,000. Acadian Asset Management LLC increased its holdings in shares of Consensus Cloud Solutions by 117.8% during the first quarter. Acadian Asset Management LLC now owns 15,416 shares of the company’s stock valued at $354,000 after acquiring an additional 8,339 shares in the last quarter. Finally, Strs Ohio purchased a new position in shares of Consensus Cloud Solutions in the 1st quarter worth about $134,000. Hedge funds and other institutional investors own 93.93% of the company’s stock.

About Consensus Cloud Solutions

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.