Following The Money: Institution’s Growing Stake In CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS)

CCC Intelligent Solutions Holdings Inc (CCCS) concluded trading on Thursday at a closing price of $10.57, with 5.13 million shares of worth about $54.24 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.28% during that period and on February 20, 2025 the price saw a loss of about -0.09%. Currently the company’s common shares owned by public are about 625.33M shares, out of which, 450.53M shares are available for trading.

Stock saw a price change of -2.85% in past 5 days and over the past one month there was a price change of -6.21%. Year-to-date (YTD), CCCS shares are showing a performance of -9.89% which decreased to -7.93% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.79 but also hit the highest price of $12.88 during that period. The average intraday trading volume for CCC Intelligent Solutions Holdings Inc shares is 3.67 million. The stock is currently trading -3.90% below its 20-day simple moving average (SMA20), while that difference is down -7.62% for SMA50 and it goes to -5.60% lower than SMA200.

CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS) currently have 625.33M outstanding shares and institutions hold larger chunk of about 73.38% of that.

The stock has a current market capitalization of $6.94B and its 3Y-monthly beta is at 0.71. PE ratio of stock for trailing 12 months is 141.88, while it has posted earnings per share of $0.07 in the same period. Its PEG reads 14.73 and has Quick Ratio of 3.05 while making debt-to-equity ratio of 0.44. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CCCS, volatility over the week remained 1.86% while standing at 2.17% over the month.

Stock’s fiscal year EPS is expected to rise by 15.57% while it is estimated to increase by 6.60% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on November 13, 2024 offering an Overweight rating for the stock and assigned a target price range of between $14 and $15 to it. Coverage by BofA Securities stated CCC Intelligent Solutions Holdings Inc (CCCS) stock as a Buy in their note to investors on August 20, 2024, suggesting a price target of $15 for the stock. On December 13, 2023, Citigroup Resumed their recommendations, while on December 12, 2023, Morgan Stanley Initiated their ratings for the stock with a price target of $13. Stock get a Buy rating from Stifel on September 22, 2023.

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