Public Employees Retirement System of Ohio Takes $7.69 Million Position in Consensus Cloud Solutions, Inc. $CCSI

Public Employees Retirement System of Ohio purchased a new position in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 201,563 shares of the company’s stock, valued at approximately $7,690,000. Public Employees Retirement System of Ohio owned 1.10% of Consensus Cloud Solutions at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CCSI. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Consensus Cloud Solutions by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,810 shares of the company’s stock worth $249,000 after buying an additional 468 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Consensus Cloud Solutions by 149,428.6% in the first quarter. Jones Financial Companies Lllp now owns 10,467 shares of the company’s stock valued at $242,000 after acquiring an additional 10,460 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Consensus Cloud Solutions during the first quarter worth about $632,000. Acadian Asset Management LLC increased its stake in shares of Consensus Cloud Solutions by 117.8% during the first quarter. Acadian Asset Management LLC now owns 15,416 shares of the company’s stock worth $354,000 after acquiring an additional 8,339 shares during the period. Finally, Strs Ohio acquired a new position in shares of Consensus Cloud Solutions during the first quarter worth about $134,000. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

Consensus Cloud Solutions Stock Down 5.5%

CCSI opened at $36.13 on Wednesday. Consensus Cloud Solutions, Inc. has a 12 month low of $20.20 and a 12 month high of $41.40. The business has a 50-day moving average of $37.32 and a two-hundred day moving average of $31.99. 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 stock has a market capitalization of $662.26 million, a price-to-earnings ratio of 7.31 and a beta of 1.57.

Consensus Cloud Solutions (NASDAQ:CCSI) last released its earnings results on Thursday, August 6th. The company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $91.36 million for the quarter, compared to analysts’ expectations 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. On average, research analysts expect that Consensus Cloud Solutions, Inc. will post 5.03 earnings per share for the current year.

Insider Buying and Selling

In other Consensus Cloud Solutions news, CTO Jeffrey Alan Sullivan sold 5,400 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was 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 directly owned 114,968 shares in the company, valued at $4,334,293.60. This represents a 4.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.65% of the stock is owned by corporate insiders.

Analyst Ratings Changes

CCSI has been the subject of several research analyst reports. Wall Street Zen upgraded Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, May 17th. Oppenheimer lifted their price objective on Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. BTIG Research upped their target price on shares of Consensus Cloud Solutions from $45.00 to $50.00 and gave the company a “buy” rating in a report on Monday, August 10th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Consensus Cloud Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $41.67.

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.