Key Points
- Director Nathaniel Simmons sold 8,000 shares for $342,240 at an average price of $42.78, reducing his stake by 25.27% to 23,658 shares.
- Consensus Cloud Solutions beat quarterly earnings expectations, reporting $1.50 EPS versus $1.41 expected and $91 million in revenue. The company issued Q4 2026 EPS guidance of $1.48–$1.58.
- Analysts have a Moderate Buy consensus rating and an average $45 price target; shares were reported down 3.1% in the article.
Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Get Free Report) Director Nathaniel Simmons sold 8,000 shares of the business's stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $42.78, for a total transaction of $342,240.00. Following the transaction, the director owned 23,658 shares in the company, valued at approximately $1,012,089.24. This trade represents a 25.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Consensus Cloud Solutions Trading Down 3.1%
Shares of CCSI stock opened at $43.31 on Friday. Consensus Cloud Solutions, Inc. has a 52-week low of $20.20 and a 52-week high of $45.68. The company has a debt-to-equity ratio of 11.39, a quick ratio of 1.90 and a current ratio of 1.99. The company has a 50-day simple moving average of $36.97 and a two-hundred day simple moving average of $32.72. The company has a market capitalization of $771.35 million, a price-to-earnings ratio of 9.08 and a beta of 1.56.
Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) last posted its quarterly earnings data on Thursday, November 5th. The company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.41 by $0.09. Consensus Cloud Solutions had a net margin of 26.42% and a return on equity of 300.98%. The firm had revenue of $91.00 million during the quarter, compared to analyst estimates of $90.96 million. Consensus Cloud Solutions has set its Q4 2026 guidance at 1.480-1.580 EPS and its FY 2026 guidance at 6.000-6.100 EPS. Research analysts anticipate that Consensus Cloud Solutions, Inc. will post 5.03 EPS for the current fiscal year.
Hedge Funds Weigh In On Consensus Cloud Solutions
Several institutional investors and hedge funds have recently bought and sold shares of CCSI. Integrated Wealth Concepts LLC purchased a new stake in Consensus Cloud Solutions in the second quarter worth $49,000. Legal & General Group Plc bought a new position in shares of Consensus Cloud Solutions during the 2nd quarter worth $68,000. State of Alaska Department of Revenue increased its holdings in Consensus Cloud Solutions by 44.6% in the 3rd quarter. State of Alaska Department of Revenue now owns 3,098 shares of the company's stock worth $107,000 after acquiring an additional 956 shares during the last quarter. Fifth Third Bancorp purchased a new stake in Consensus Cloud Solutions in the 1st quarter worth about $120,000. Finally, Empowered Funds LLC purchased a new stake in Consensus Cloud Solutions in the 1st quarter worth about $211,000. 93.93% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on CCSI. Oppenheimer increased their price target 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. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Consensus Cloud Solutions in a research report on Monday, November 2nd. Finally, BTIG Research reissued a "buy" rating and issued a $50.00 price target on shares of Consensus Cloud Solutions in a report on Friday, September 25th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $45.00.
Check Out Our Latest Stock Report on Consensus Cloud Solutions
Consensus Cloud Solutions Company Profile
(
Get Free Report)
Consensus Cloud Solutions provides cloud-based digital information delivery and exchange services for healthcare organizations, businesses and government agencies. Its offerings include cloud fax solutions that allow users to send and receive documents electronically, along with tools designed to support secure data exchange and workflow integration. The company's products include eFax and eFax Corporate, as well as solutions for connecting information systems and exchanging data. Its services are used in healthcare settings to help organizations share patient and administrative information, and in other industries for document-based communications.
Further Reading
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