Consensus Cloud Solutions (NASDAQ:CCSI) Shares Gap Down – Should You Sell?

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) gapped down before the market opened on Thursday . The stock had previously closed at $38.03, but opened at $36.70. Consensus Cloud Solutions shares last traded at $36.7070, with a volume of 6,055 shares traded.

Analysts Set New Price Targets

CCSI has been the subject of a number of recent analyst reports. Oppenheimer raised their price objective 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. BTIG Research boosted their target price on Consensus Cloud Solutions from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, August 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.67.

Consensus Cloud Solutions Stock Up 0.1%

The company has a market cap of $671.98 million, a price-to-earnings ratio of 7.42 and a beta of 1.57. The company has a debt-to-equity ratio of 13.19, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a 50-day moving average price of $37.09 and a 200 day moving average price of $32.52.

Consensus Cloud Solutions (NASDAQ:CCSI) last released 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 business had revenue of $91.36 million during 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 5.03 EPS for the current year.

Insider Buying and Selling at Consensus Cloud Solutions

In other news, CTO Jeffrey Sullivan sold 5,400 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total value of $203,580.00. Following the completion of the sale, the chief technology officer owned 114,968 shares of the company’s stock, valued at approximately $4,334,293.60. The trade was a 4.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 3.65% of the company’s stock.

Institutional Trading of Consensus Cloud Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of CCSI. Engineers Gate Manager LP grew its position in Consensus Cloud Solutions by 12.9% during the second quarter. Engineers Gate Manager LP now owns 18,619 shares of the company’s stock worth $710,000 after buying an additional 2,125 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of Consensus Cloud Solutions during the 2nd quarter worth $49,000. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Consensus Cloud Solutions during the 2nd quarter worth $321,000. Public Employees Retirement System of Ohio bought a new position in shares of Consensus Cloud Solutions in the second quarter worth $7,690,000. Finally, Bank of America Corp DE bought a new position in shares of Consensus Cloud Solutions in the second quarter worth $1,664,000. Institutional investors and hedge funds own 93.93% of the company’s stock.

About Consensus Cloud Solutions

Consensus Cloud Solutions, Inc is a provider of secure cloud-based information-exchange and communication services. The company helps organizations transmit, manage and access sensitive information through digital platforms designed for regulated industries and other businesses with demanding privacy and security requirements.

Its offerings include cloud fax and electronic document-delivery services, along with related communications and workflow tools. The company’s solutions are used by healthcare organizations, businesses and government entities to exchange documents and data while supporting compliance, integration and operational efficiency.