State of Wyoming Acquires New Stake in Consensus Cloud Solutions, Inc. $CCSI

State of Wyoming acquired a new stake in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) in the second quarter, Holdings Channel reports. The firm acquired 14,959 shares of the company’s stock, valued at approximately $571,000.

Several other hedge funds have also added to or reduced their stakes in CCSI. LSV Asset Management grew its stake in shares of Consensus Cloud Solutions by 81.2% in the fourth quarter. LSV Asset Management now owns 716,585 shares of the company’s stock worth $15,636,000 after acquiring an additional 321,200 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Consensus Cloud Solutions by 127,106.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 129,751 shares of the company’s stock worth $2,831,000 after purchasing an additional 129,649 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in Consensus Cloud Solutions by 239.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 170,445 shares of the company’s stock worth $5,006,000 after purchasing an additional 120,205 shares in the last quarter. Kent Lake PR LLC boosted its stake in Consensus Cloud Solutions by 92.6% in the 2nd quarter. Kent Lake PR LLC now owns 250,000 shares of the company’s stock worth $5,765,000 after purchasing an additional 120,200 shares in the last quarter. Finally, Janus Henderson Group PLC grew its position in Consensus Cloud Solutions by 4.0% during the 1st quarter. Janus Henderson Group PLC now owns 2,468,048 shares of the company’s stock valued at $58,591,000 after purchasing an additional 95,973 shares during the last quarter. 93.93% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CCSI shares. BTIG Research raised their price objective on shares of Consensus Cloud Solutions from $45.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, August 10th. Wall Street Zen upgraded shares of Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a report on Tuesday, August 4th. Finally, Oppenheimer raised their price target on shares of Consensus Cloud Solutions from $35.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $41.67.

Consensus Cloud Solutions Stock Performance

Consensus Cloud Solutions stock opened at $39.07 on Monday. The company has a debt-to-equity ratio of 13.19, a current ratio of 1.90 and a quick ratio of 1.90. Consensus Cloud Solutions, Inc. has a one year low of $20.20 and a one year high of $41.40. The stock has a market capitalization of $716.15 million, a PE ratio of 7.91 and a beta of 1.57. The business’s fifty day moving average is $36.39 and its 200 day moving average is $30.70.

Consensus Cloud Solutions (NASDAQ:CCSI) 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 business had revenue of $91.36 million during the quarter, compared to analyst estimates of $89.63 million. Consensus Cloud Solutions had a return on equity of 502.63% and a net margin of 26.69%.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. On average, sell-side analysts predict that Consensus Cloud Solutions, Inc. will post 5.08 EPS for the current year.

Insider Buying and Selling

In other news, CTO Jeffrey Alan Sullivan sold 5,400 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total transaction of $203,580.00. Following the completion of the transaction, the chief technology officer directly owned 114,968 shares of the company’s stock, valued at $4,334,293.60. The trade was a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Elaine Healy sold 4,000 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $34.27, for a total transaction of $137,080.00. Following the transaction, the director owned 27,658 shares in the company, valued at approximately $947,839.66. This trade represents a 12.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 3.65% of the company’s stock.

About Consensus Cloud Solutions

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.