Ritholtz Wealth Management Sells 18,085 Shares of Consensus Cloud Solutions, Inc. $CCSI

Ritholtz Wealth Management cut its holdings in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSIFree Report) by 42.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,567 shares of the company’s stock after selling 18,085 shares during the quarter. Ritholtz Wealth Management’s holdings in Consensus Cloud Solutions were worth $583,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Heron Bay Capital Management boosted its stake in shares of Consensus Cloud Solutions by 4.1% in the fourth quarter. Heron Bay Capital Management now owns 1,253,487 shares of the company’s stock worth $27,351,000 after acquiring an additional 49,761 shares during the period. LSV Asset Management grew its position in shares of Consensus Cloud Solutions by 81.2% during the fourth quarter. LSV Asset Management now owns 716,585 shares of the company’s stock worth $15,636,000 after purchasing an additional 321,200 shares in the last quarter. State Street Corp raised its stake in Consensus Cloud Solutions by 3.4% during the 4th quarter. State Street Corp now owns 497,026 shares of the company’s stock valued at $10,845,000 after purchasing an additional 16,421 shares during the period. New South Capital Management Inc. lifted its holdings in Consensus Cloud Solutions by 9.5% in the 4th quarter. New South Capital Management Inc. now owns 470,453 shares of the company’s stock worth $10,265,000 after purchasing an additional 40,879 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Consensus Cloud Solutions by 1.1% in the 4th quarter. AQR Capital Management LLC now owns 335,431 shares of the company’s stock worth $7,319,000 after purchasing an additional 3,784 shares in the last quarter. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Consensus Cloud Solutions

In other news, Director Elaine Healy sold 4,000 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at $947,839.66. This represents a 12.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.65% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Wall Street Zen upgraded Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 17th. Weiss Ratings raised shares of Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Finally, Oppenheimer upped their target price on shares of Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $36.67.

Get Our Latest Stock Report on CCSI

Consensus Cloud Solutions Trading Down 0.3%

Shares of Consensus Cloud Solutions stock opened at $38.15 on Wednesday. Consensus Cloud Solutions, Inc. has a twelve month low of $19.42 and a twelve month high of $38.76. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 24.99. The business has a 50-day moving average price of $31.29 and a 200-day moving average price of $27.28. The firm has a market cap of $701.96 million, a price-to-earnings ratio of 8.33 and a beta of 1.59.

Consensus Cloud Solutions (NASDAQ:CCSIGet Free Report) last posted its earnings results on Thursday, May 7th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.40 by $0.12. Consensus Cloud Solutions had a return on equity of 5,736.13% and a net margin of 25.09%.The company had revenue of $88.47 million for the quarter, compared to the consensus estimate of $87.34 million. 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. Equities research analysts anticipate that Consensus Cloud Solutions, Inc. will post 5.08 EPS for the current fiscal year.

Consensus Cloud Solutions Profile

(Free Report)

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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Institutional Ownership by Quarter for Consensus Cloud Solutions (NASDAQ:CCSI)

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