Consensus Cloud Solutions (NASDAQ:CCSI) Trading Down 6.2% Following Insider Selling

Consensus Cloud Solutions, Inc. (NASDAQ:CCSIGet Free Report)’s share price dropped 6.2% during mid-day trading on Monday after an insider sold shares in the company. The stock traded as low as $37.33 and last traded at $36.6540. Approximately 7,094 shares changed hands during trading, a decline of 96% from the average session volume of 173,400 shares. The stock had previously closed at $39.07.

Specifically, CTO Jeffrey Alan 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 transaction 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 $4,334,293.60. The trade was a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Wall Street Zen upgraded Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 17th. BTIG Research increased their target price on Consensus Cloud Solutions from $45.00 to $50.00 and gave the company a “buy” rating in a report on Monday, August 10th. Finally, Oppenheimer raised their target price 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 equities research 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, Consensus Cloud Solutions has a consensus rating of “Moderate Buy” and an average target price of $41.67.

View Our Latest Analysis on CCSI

Consensus Cloud Solutions Price Performance

The stock’s 50-day moving average price is $36.39 and its 200 day moving average price is $30.70. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 13.19. The firm has a market capitalization of $675.08 million, a price-to-earnings ratio of 7.46 and a beta of 1.57.

Consensus Cloud Solutions (NASDAQ:CCSIGet Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.48 by $0.01. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. The firm had revenue of $91.36 million for the quarter, compared to analyst estimates of $89.63 million. 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. Equities research analysts expect that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Quarry LP purchased a new stake in shares of Consensus Cloud Solutions in 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 valued at $46,000. Tower Research Capital LLC TRC increased its stake in shares of 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 acquiring an additional 570 shares during the last quarter. Legal & General Group Plc purchased a new position in shares of Consensus Cloud Solutions during the 2nd quarter worth $68,000. Finally, BNP Paribas Financial Markets raised its holdings in shares of Consensus Cloud Solutions by 104.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock worth $111,000 after acquiring an additional 1,942 shares during the period. 93.93% of the stock is owned by hedge funds and other institutional investors.

About Consensus Cloud Solutions

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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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