Key Points
- CTO Jeffrey Alan Sullivan sold 5,400 CCSI shares at an average price of $37.70, totaling $203,580. He retains 114,968 shares, a 4.49% reduction in his ownership.
- Consensus Cloud Solutions exceeded quarterly expectations, reporting $1.49 EPS versus the $1.48 estimate and revenue of $91.36 million versus the $89.63 million consensus. The company issued third-quarter EPS guidance of $1.34–$1.44 and full-year guidance of $5.55–$5.95.
- Analyst sentiment is positive, with three Buy ratings and one Hold rating, producing a “Moderate Buy” consensus and an average price target of $41.67. Institutional investors own approximately 93.93% of the company.
Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Get Free Report) 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 value of $203,580.00. Following the completion of the sale, the chief technology officer 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 document filed with the SEC, which can be accessed through this link.
Consensus Cloud Solutions Price Performance
NASDAQ CCSI opened at $39.07 on Friday. The company has a market cap of $716.15 million, a PE ratio of 7.91 and a beta of 1.57. Consensus Cloud Solutions, Inc. has a 52 week low of $20.20 and a 52 week high of $41.40. The company has a quick ratio of 1.80, a current ratio of 1.90 and a debt-to-equity ratio of 13.19. The firm's 50-day simple moving average is $36.39 and its two-hundred day simple moving average is $30.64.
Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) last issued its 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. The firm had revenue of $91.36 million during the quarter, compared to analyst estimates of $89.63 million. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. 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. Research analysts predict that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. Quarry LP bought a new stake in shares of Consensus Cloud Solutions during the fourth quarter valued at about $25,000. State of Alaska Department of Revenue bought a new position in shares of Consensus Cloud Solutions in the fourth quarter valued at approximately $46,000. Tower Research Capital LLC TRC grew its stake in Consensus Cloud Solutions by 40.5% during the second quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company's stock valued at $46,000 after acquiring an additional 570 shares in the last quarter. Legal & General Group Plc bought a new stake in Consensus Cloud Solutions during the 2nd quarter worth approximately $68,000. Finally, BNP Paribas Financial Markets increased its holdings in 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. Hedge funds and other institutional investors own 93.93% of the company's stock.
Analyst Ratings Changes
CCSI has been the subject of several analyst reports. Oppenheimer raised their price objective on shares of Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an "outperform" rating in a report on Monday. Weiss Ratings reissued a "hold (c+)" rating on shares of Consensus Cloud Solutions in a report on Tuesday, August 4th. BTIG Research increased their target price on Consensus Cloud Solutions from $45.00 to $50.00 and gave the stock a "buy" rating in a research report on Monday, August 10th. Finally, Wall Street Zen raised Consensus Cloud Solutions from a "hold" rating to a "buy" rating in a report on Sunday, May 17th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $41.67.
Get Our Latest Stock Analysis on Consensus Cloud Solutions
Consensus Cloud Solutions Company Profile
(
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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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