Vaughan Nelson Investment Management L.P. Takes Position in CCC Intelligent Solutions Holdings Inc. $CCCS

Vaughan Nelson Investment Management L.P. bought a new stake in CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 4,834,565 shares of the company’s stock, valued at approximately $45,493,000.

Several other institutional investors also recently modified their holdings of the business. T. Rowe Price Investment Management Inc. grew its holdings in shares of CCC Intelligent Solutions by 6.0% in the first quarter. T. Rowe Price Investment Management Inc. now owns 72,967,671 shares of the company’s stock valued at $658,899,000 after acquiring an additional 4,100,954 shares in the last quarter. Vanguard Group Inc. grew its holdings in CCC Intelligent Solutions by 9.9% during the first quarter. Vanguard Group Inc. now owns 56,491,007 shares of the company’s stock valued at $510,114,000 after purchasing an additional 5,103,835 shares during the period. Principal Financial Group Inc. grew its holdings in CCC Intelligent Solutions by 1.4% during the first quarter. Principal Financial Group Inc. now owns 27,303,495 shares of the company’s stock valued at $246,551,000 after purchasing an additional 363,944 shares during the period. Brown Advisory Inc. grew its holdings in CCC Intelligent Solutions by 30.7% during the first quarter. Brown Advisory Inc. now owns 18,346,792 shares of the company’s stock valued at $165,672,000 after purchasing an additional 4,313,296 shares during the period. Finally, Akre Capital Management LLC grew its holdings in CCC Intelligent Solutions by 23.5% during the first quarter. Akre Capital Management LLC now owns 13,190,384 shares of the company’s stock valued at $119,109,000 after purchasing an additional 2,508,986 shares during the period. 95.79% of the stock is owned by institutional investors.

CCC Intelligent Solutions Price Performance

CCC Intelligent Solutions stock opened at $9.38 on Friday. CCC Intelligent Solutions Holdings Inc. has a one year low of $8.14 and a one year high of $12.88. The business has a fifty day moving average price of $9.63 and a 200-day moving average price of $9.29. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.19 and a quick ratio of 3.19. The firm has a market capitalization of $6.11 billion, a P/E ratio of 469.23 and a beta of 0.72.

CCC Intelligent Solutions (NYSE:CCCS) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. CCC Intelligent Solutions had a return on equity of 5.35% and a net margin of 5.02%.The firm had revenue of $260.45 million during the quarter, compared to analyst estimates of $256.21 million. During the same period last year, the company earned $0.09 earnings per share. The business’s revenue for the quarter was up 12.0% on a year-over-year basis. CCC Intelligent Solutions has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts forecast that CCC Intelligent Solutions Holdings Inc. will post 0.17 EPS for the current year.

Insiders Place Their Bets

In related news, Director Lauren Young sold 30,000,000 shares of the stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $9.87, for a total value of $296,100,000.00. Following the sale, the director owned 866,345 shares in the company, valued at approximately $8,550,825.15. This trade represents a 97.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Rodney Christo sold 5,302 shares of the stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $9.76, for a total value of $51,747.52. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 60,197,833 shares of company stock worth $594,106,626. 6.03% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CCCS. Barrington Research reissued an “outperform” rating and set a $14.00 price objective on shares of CCC Intelligent Solutions in a report on Monday, August 4th. Barclays increased their price objective on CCC Intelligent Solutions from $11.00 to $12.00 and gave the company an “equal weight” rating in a report on Friday, August 1st. Piper Sandler reissued a “hold” rating and set a $10.00 price objective on shares of CCC Intelligent Solutions in a report on Thursday, August 14th. Finally, JPMorgan Chase & Co. lowered CCC Intelligent Solutions from a “neutral” rating to an “underweight” rating and set a $10.00 price objective for the company. in a report on Monday, June 23rd. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $11.75.

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.