CCC Intelligent Solutions Holdings Inc. Common Stock $CCC is Alfreton Capital LLP’s 2nd Largest Position

Alfreton Capital LLP raised its holdings in shares of CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) by 22.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,778,074 shares of the company’s stock after acquiring an additional 1,978,074 shares during the period. CCC Intelligent Solutions Holdings Inc. Common Stock comprises approximately 21.0% of Alfreton Capital LLP’s portfolio, making the stock its 2nd biggest holding. Alfreton Capital LLP’s holdings in CCC Intelligent Solutions Holdings Inc. Common Stock were worth $64,668,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in CCC. Root Financial Partners LLC lifted its holdings in shares of CCC Intelligent Solutions Holdings Inc. Common Stock by 2,170.1% in the 1st quarter. Root Financial Partners LLC now owns 4,858 shares of the company’s stock worth $29,000 after acquiring an additional 4,644 shares during the last quarter. Essex Financial Services Inc. purchased a new stake in shares of CCC Intelligent Solutions Holdings Inc. Common Stock in the 1st quarter valued at $61,000. Kera Capital Partners Inc. bought a new position in shares of CCC Intelligent Solutions Holdings Inc. Common Stock during the 1st quarter valued at $62,000. Citizens Financial Group Inc. RI bought a new position in shares of CCC Intelligent Solutions Holdings Inc. Common Stock during the 1st quarter valued at $65,000. Finally, Meeder Advisory Services Inc. purchased a new position in CCC Intelligent Solutions Holdings Inc. Common Stock in the 1st quarter worth $87,000. 95.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CCC has been the subject of several recent research reports. Citigroup downgraded shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $10.00 to $6.00 in a research note on Friday, April 10th. Stifel Nicolaus reaffirmed a “buy” rating and set a $9.00 price objective on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a research note on Thursday, July 2nd. Jefferies Financial Group reiterated a “buy” rating and issued a $8.00 price objective on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a report on Saturday, May 9th. Weiss Ratings raised CCC Intelligent Solutions Holdings Inc. Common Stock from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, Barrington Research restated an “outperform” rating and set a $14.00 target price on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a report on Friday, April 24th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, CCC Intelligent Solutions Holdings Inc. Common Stock has a consensus rating of “Hold” and a consensus price target of $9.25.

CCC Intelligent Solutions Holdings Inc. Common Stock Stock Up 0.2%

Shares of CCC opened at $5.74 on Friday. The stock has a market cap of $3.37 billion, a PE ratio of 95.68 and a beta of 0.51. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.73. The firm’s fifty day moving average price is $5.05. CCC Intelligent Solutions Holdings Inc. Common Stock has a twelve month low of $4.08 and a twelve month high of $10.50.

CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) last announced its quarterly earnings results on Thursday, April 30th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.06. The business had revenue of $281.27 million for the quarter. CCC Intelligent Solutions Holdings Inc. Common Stock had a net margin of 3.18% and a return on equity of 6.08%. CCC Intelligent Solutions Holdings Inc. Common Stock’s revenue was up 11.8% on a year-over-year basis. Sell-side analysts expect that CCC Intelligent Solutions Holdings Inc. Common Stock will post 0.26 EPS for the current fiscal year.

About CCC Intelligent Solutions Holdings Inc. Common Stock

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, AI-enabled digital workflows. It operates in a single segment being Domestic segment, which provides SAAS platform for the P&C insurance economy and derives revenues from providing customers with software subscriptions to the platform in addition to providing professional services and non-software services.