Ritholtz Wealth Management Reduces Stock Position in Consensus Cloud Solutions, Inc. $CCSI

Ritholtz Wealth Management cut its stake in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) by 42.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,567 shares of the company’s stock after selling 18,085 shares during the quarter. Ritholtz Wealth Management owned 0.13% of Consensus Cloud Solutions worth $583,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Consensus Cloud Solutions by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,810 shares of the company’s stock worth $249,000 after purchasing an additional 468 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Consensus Cloud Solutions by 4.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,499 shares of the company’s stock valued at $245,000 after buying an additional 473 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Consensus Cloud Solutions by 0.9% during the 3rd quarter. First Trust Advisors LP now owns 58,614 shares of the company’s stock valued at $1,721,000 after buying an additional 504 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Consensus Cloud Solutions by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 14,066 shares of the company’s stock valued at $413,000 after buying an additional 529 shares during the period. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Consensus Cloud Solutions by 40.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock worth $46,000 after buying an additional 570 shares during the last quarter. 93.93% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Consensus Cloud Solutions

In other news, Director Elaine Healy sold 4,000 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $34.27, for a total value of $137,080.00. Following the transaction, the director owned 27,658 shares of the company’s stock, valued at $947,839.66. This trade represents a 12.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.65% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on CCSI shares. Oppenheimer upped their price objective on Consensus Cloud Solutions from $32.00 to $35.00 and gave the company an “outperform” rating in a research report on Tuesday, May 12th. Weiss Ratings raised Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Finally, Wall Street Zen upgraded Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note 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. Based on data from MarketBeat, Consensus Cloud Solutions has a consensus rating of “Moderate Buy” and an average price target of $36.67.

Consensus Cloud Solutions Trading Down 0.3%

Shares of CCSI stock opened at $38.15 on Wednesday. The company has a debt-to-equity ratio of 24.99, a current ratio of 1.80 and a quick ratio of 1.80. The company has a market cap of $701.96 million, a price-to-earnings ratio of 8.33 and a beta of 1.59. Consensus Cloud Solutions, Inc. has a 1 year low of $19.42 and a 1 year high of $38.76. The firm has a fifty day moving average price of $31.29 and a 200-day moving average price of $27.28.

Consensus Cloud Solutions (NASDAQ:CCSI) last announced its earnings results on Thursday, May 7th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.40 by $0.12. Consensus Cloud Solutions had a return on equity of 5,736.13% and a net margin of 25.09%.The company had revenue of $88.47 million for the quarter, compared to analysts’ expectations of $87.34 million. Consensus Cloud Solutions has set its Q2 2026 guidance at 1.430-1.530 EPS and its FY 2026 guidance at 5.550-5.950 EPS. As a group, equities analysts predict that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current year.

Consensus Cloud Solutions Profile

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.