In Wednesday’s Wall Street session, CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS) shares traded at $8.66, down -6.18% from the previous session.
CCCS stock price is now -3.43% away from the 50-day moving average and -17.93% away from the 200-day moving average. The market capitalization of the company currently stands at $5.71B.
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With the price target reduced from $14 to $11, JP Morgan Downgraded its rating from Overweight to Neutral for CCC Intelligent Solutions Holdings Inc (NASDAQ: CCCS). On November 13, 2024, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock increasing its target price from $14 to quote $15, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, ADVENT INTERNATIONAL, L.P., Owner bought 30,000,000 shares of the company’s stock on May 20 ’25. The stock was bought for $272,400,000 at an average price of $9.08. An SEC document containing details of the transaction can be found on the SEC’s website. On May 14 ’25, Welsh Timothy A bought 100,000 shares of the business’s stock. A total of $902,840 was incurred on buying the stock at an average price of $9.03. This leaves the insider owning 168,472 shares of the company worth $1.46 million. A total of 25.98% of the company’s stock is owned by insiders.
During the past 12 months, CCC Intelligent Solutions Holdings Inc has had a low of $8.14 and a high of $12.88. As of last week, the company has a debt-to-equity ratio of 0.49, a current ratio of 1.42, and a quick ratio of 1.42.
The net profit margin was 0.95% and return on equity was 0.46% for CCCS.
