Consensus Cloud Solutions (NASDAQ:CCSI) CTO Sells $203,580.00 in Stock

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) CTO Jeffrey Alan Sullivan sold 5,400 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $37.70, for a total value of $203,580.00. Following the transaction, the chief technology officer owned 114,968 shares of the company’s stock, valued at $4,334,293.60. The trade was a 4.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Consensus Cloud Solutions Stock Performance

Shares of CCSI opened at $39.07 on Monday. Consensus Cloud Solutions, Inc. has a fifty-two week low of $20.20 and a fifty-two week high of $41.40. The business has a 50-day moving average of $36.39 and a 200 day moving average of $30.70. The firm has a market cap of $716.15 million, a P/E ratio of 7.91 and a beta of 1.57. The company has a debt-to-equity ratio of 13.19, a quick ratio of 1.90 and a current ratio of 1.90.

Consensus Cloud Solutions (NASDAQ:CCSI) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.49 EPS for the quarter, beating the consensus estimate of $1.48 by $0.01. The business had revenue of $91.36 million for the quarter, compared to the consensus estimate of $89.63 million. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. 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. As a group, research analysts forecast that Consensus Cloud Solutions, Inc. will post 5.08 EPS for the current year.

Analyst Upgrades and Downgrades

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

Hedge Funds Weigh In On Consensus Cloud Solutions

A number of large investors have recently modified their holdings of the company. Quarry LP purchased a new position in Consensus Cloud Solutions during the fourth quarter valued at approximately $25,000. State of Alaska Department of Revenue purchased a new stake in Consensus Cloud Solutions in the 4th quarter worth approximately $46,000. Tower Research Capital LLC TRC lifted its stake in Consensus Cloud Solutions by 40.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock worth $46,000 after purchasing an additional 570 shares in the last quarter. Legal & General Group Plc bought a new position in Consensus Cloud Solutions in the 2nd quarter valued at $68,000. Finally, BNP Paribas Financial Markets boosted its holdings in Consensus Cloud Solutions by 104.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock valued at $111,000 after purchasing an additional 1,942 shares during the period. 93.93% of the stock is currently owned by institutional investors.

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.