CCC Intelligent SolutionsCCCS
About: CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.
Employees: 2,325
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
148% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 31
123% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 64
18% more funds holding
Funds holding: 258 [Q1] → 304 (+46) [Q2]
17% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 7 (+1) [Q2]
13% more call options, than puts
Call options by funds: $290K | Put options by funds: $256K
0.61% less ownership
Funds ownership: 98.28% [Q1] → 97.66% (-0.61%) [Q2]
5% less capital invested
Capital invested by funds: $7.11B [Q1] → $6.74B (-$363M) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
B of A Securities Michael Funk 50% 1-year accuracy 4 / 8 met price target | 43%upside $15 | Buy Reinstated | 20 Aug 2024 |
Barrington Research Gary Prestopino 49% 1-year accuracy 51 / 104 met price target | 34%upside $14 | Outperform Maintained | 31 Jul 2024 |
Jefferies David Kelley 100% 1-year accuracy 1 / 1 met price target | 24%upside $13 | Buy Maintained | 31 Jul 2024 |
Financial journalist opinion
Based on 3 articles about CCCS published over the past 30 days