Sei Investments Co. Grows Stock Position in Consensus Cloud Solutions, Inc. $CCSI

Sei Investments Co. increased its stake in Consensus Cloud Solutions, Inc. (NASDAQ:CCSIFree Report) by 117.3% in the first quarter, Holdings Channel reports. The institutional investor owned 116,048 shares of the company’s stock after acquiring an additional 62,641 shares during the period. Sei Investments Co.’s holdings in Consensus Cloud Solutions were worth $2,755,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of CCSI. Dimensional Fund Advisors LP increased its position in Consensus Cloud Solutions by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 331,535 shares of the company’s stock valued at $7,871,000 after acquiring an additional 9,918 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Consensus Cloud Solutions by 11.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 14,238 shares of the company’s stock worth $337,000 after acquiring an additional 1,487 shares during the last quarter. Principal Financial Group Inc. purchased a new position in shares of Consensus Cloud Solutions during the 1st quarter worth about $890,000. Fifth Third Bancorp purchased a new position in shares of Consensus Cloud Solutions during the 1st quarter worth about $120,000. Finally, North Star Investment Management Corp. bought a new position in Consensus Cloud Solutions during the 1st quarter valued at about $522,000. 93.93% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Elaine Healy sold 4,000 shares of the stock in a transaction 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 transaction, the director owned 27,658 shares of the company’s stock, valued at approximately $947,839.66. This represents a 12.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CCSI. BTIG Research increased their price objective on shares of Consensus Cloud Solutions from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Oppenheimer upped their target price on Consensus Cloud Solutions from $32.00 to $35.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a report on Tuesday. Finally, Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 17th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Consensus Cloud Solutions has an average rating of “Moderate Buy” and an average target price of $38.33.

Read Our Latest Analysis on CCSI

Consensus Cloud Solutions Stock Down 5.9%

Shares of NASDAQ CCSI opened at $35.14 on Friday. Consensus Cloud Solutions, Inc. has a 52-week low of $20.20 and a 52-week high of $41.40. The firm has a market capitalization of $646.58 million, a price-to-earnings ratio of 7.11 and a beta of 1.57. The stock has a 50 day moving average price of $36.02 and a 200 day moving average price of $30.06. The company has a debt-to-equity ratio of 24.99, a quick ratio of 1.80 and a current ratio of 1.80.

Consensus Cloud Solutions (NASDAQ:CCSIGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.49 EPS 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 the consensus estimate of $89.63 million. Consensus Cloud Solutions had a return on equity of 849.75% 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 expect that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current year.

Consensus Cloud Solutions Company 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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