433,435 Shares in CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC bought a new position in shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) in the 1st quarter, Holdings Channel.com reports. The fund bought 433,435 shares of the company’s stock, valued at approximately $5,184,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Banque Cantonale Vaudoise boosted its position in shares of CCC Intelligent Solutions by 128.4% during the 1st quarter. Banque Cantonale Vaudoise now owns 2,533 shares of the company’s stock worth $30,000 after acquiring an additional 1,424 shares in the last quarter. Park Place Capital Corp boosted its position in shares of CCC Intelligent Solutions by 65.9% during the 4th quarter. Park Place Capital Corp now owns 4,175 shares of the company’s stock worth $48,000 after acquiring an additional 1,659 shares in the last quarter. Parkside Financial Bank & Trust acquired a new position in shares of CCC Intelligent Solutions during the 4th quarter worth about $99,000. Coldstream Capital Management Inc. acquired a new position in shares of CCC Intelligent Solutions during the 4th quarter worth about $119,000. Finally, Aigen Investment Management LP acquired a new position in shares of CCC Intelligent Solutions during the 4th quarter worth about $139,000. 95.79% of the stock is owned by institutional investors and hedge funds.

CCC Intelligent Solutions Stock Performance

CCCS traded up $0.12 on Monday, hitting $11.27. 691,448 shares of the company traded hands, compared to its average volume of 3,681,811. The company has a 50 day moving average of $11.29 and a 200-day moving average of $11.38. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $7.01 billion, a PE ratio of 92.92 and a beta of 0.62. CCC Intelligent Solutions Holdings Inc. has a 12-month low of $10.32 and a 12-month high of $13.41.

CCC Intelligent Solutions (NYSE:CCCS) last issued its earnings results on Tuesday, April 30th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The business had revenue of $227.24 million for the quarter, compared to analysts’ expectations of $225.21 million. CCC Intelligent Solutions had a positive return on equity of 4.52% and a negative net margin of 10.85%. Sell-side analysts anticipate that CCC Intelligent Solutions Holdings Inc. will post 0.16 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Barrington Research reissued an “outperform” rating and issued a $14.00 target price on shares of CCC Intelligent Solutions in a report on Wednesday, May 1st. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $13.63.

Insider Buying and Selling

In other CCC Intelligent Solutions news, insider Mary Jo Prigge sold 100,000 shares of the stock in a transaction on Monday, May 20th. The stock was sold at an average price of $11.50, for a total transaction of $1,150,000.00. Following the sale, the insider now owns 86,825 shares in the company, valued at approximately $998,487.50. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, Director International L.P. Advent sold 41,622,992 shares of the firm’s stock in a transaction on Thursday, May 30th. The stock was sold at an average price of $11.43, for a total transaction of $475,750,798.56. Following the sale, the director now owns 3,812,112 shares in the company, valued at $43,572,440.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mary Jo Prigge sold 100,000 shares of the firm’s stock in a transaction on Monday, May 20th. The stock was sold at an average price of $11.50, for a total value of $1,150,000.00. Following the sale, the insider now owns 86,825 shares in the company, valued at approximately $998,487.50. The disclosure for this sale can be found here. Insiders have sold a total of 67,834,732 shares of company stock worth $772,476,647 in the last quarter. Company insiders own 6.67% of the company’s stock.

About CCC Intelligent Solutions

CCC Intelligent Solutions Holdings Inc, operates as a software as a service company for the property and casualty insurance economy in the United States and China. The company's cloud-based software as a service platform connects trading partners, facilitates commerce, and supports mission-critical, artificial intelligence enabled digital workflow across the insurance economy, including insurers, repairers, automakers, parts suppliers, lenders and more.