Consensus Cloud Solutions (NASDAQ:CCSI) Director Nathaniel Simmons Sells 8,000 Shares of Company Stock

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) Director Nathaniel Simmons sold 8,000 shares of the stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $42.78, for a total value of $342,240.00. Following the completion of the transaction, the director owned 23,658 shares of the company’s stock, valued at $1,012,089.24. This represents a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Consensus Cloud Solutions Trading Down 3.1%

Shares of NASDAQ:CCSI traded down $1.38 during midday trading on Thursday, hitting $43.31. 179,513 shares of the stock were exchanged, compared to its average volume of 167,504. The stock has a market capitalization of $771.22 million, a price-to-earnings ratio of 8.77 and a beta of 1.56. The company has a debt-to-equity ratio of 11.39, a quick ratio of 1.90 and a current ratio of 1.99. The business’s 50-day moving average price is $36.77 and its 200 day moving average price is $32.62. Consensus Cloud Solutions, Inc. has a 12 month low of $20.20 and a 12 month high of $45.68.

Consensus Cloud Solutions (NASDAQ:CCSI) last released its quarterly earnings data on Thursday, November 5th. The company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.09. The company had revenue of $91.00 million during the quarter, compared to the consensus estimate of $90.96 million. Consensus Cloud Solutions had a return on equity of 300.98% and a net margin of 26.42%. Consensus Cloud Solutions has set its Q4 2026 guidance at 1.480-1.580 EPS and its FY 2026 guidance at 6.000-6.100 EPS. Analysts predict that Consensus Cloud Solutions, Inc. will post 5.03 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CCSI. Weiss Ratings restated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research report on Monday, November 2nd. BTIG Research reiterated a “buy” rating and set a $50.00 price target on shares of Consensus Cloud Solutions in a report on Friday, September 25th. Finally, Oppenheimer boosted their price objective on shares of Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $45.00.

Institutional Trading of Consensus Cloud Solutions

Several institutional investors have recently added to or reduced their stakes in the stock. First Trust Advisors LP increased its position in Consensus Cloud Solutions by 30.2% during the 3rd quarter. First Trust Advisors LP now owns 79,538 shares of the company’s stock valued at $2,776,000 after purchasing an additional 18,460 shares during the period. Ritholtz Wealth Management increased its position in shares of Consensus Cloud Solutions by 1.4% during the third quarter. Ritholtz Wealth Management now owns 23,126 shares of the company’s stock worth $807,000 after buying an additional 324 shares during the period. Allspring Global Investments Holdings LLC raised its stake in Consensus Cloud Solutions by 4.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 15,279 shares of the company’s stock worth $533,000 after buying an additional 601 shares during the last quarter. Bridge City Capital LLC raised its stake in Consensus Cloud Solutions by 18.4% during the third quarter. Bridge City Capital LLC now owns 89,342 shares of the company’s stock worth $3,118,000 after buying an additional 13,863 shares during the last quarter. Finally, State of Wyoming raised its stake in Consensus Cloud Solutions by 38.0% during the third quarter. State of Wyoming now owns 20,642 shares of the company’s stock worth $720,000 after buying an additional 5,683 shares during the last quarter. 93.93% of the stock is currently owned by institutional investors.

Consensus Cloud Solutions Company Profile

Consensus Cloud Solutions provides cloud-based digital information delivery and exchange services for healthcare organizations, businesses and government agencies. Its offerings include cloud fax solutions that allow users to send and receive documents electronically, along with tools designed to support secure data exchange and workflow integration. The company’s products include eFax and eFax Corporate, as well as solutions for connecting information systems and exchanging data. Its services are used in healthcare settings to help organizations share patient and administrative information, and in other industries for document-based communications.