14,268 Shares in Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,268 shares of the company's stock, valued at approximately $340,000. Proficio Capital Partners LLC owned approximately 0.07% of Consensus Cloud Solutions as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the company. GAMMA Investing LLC raised its stake in shares of Consensus Cloud Solutions by 74.9% during the 4th quarter. GAMMA Investing LLC now owns 1,525 shares of the company's stock worth $36,000 after buying an additional 653 shares during the last quarter. R Squared Ltd acquired a new stake in Consensus Cloud Solutions in the 4th quarter valued at about $42,000. SG Americas Securities LLC increased its holdings in Consensus Cloud Solutions by 19.8% during the 4th quarter. SG Americas Securities LLC now owns 7,509 shares of the company's stock valued at $179,000 after acquiring an additional 1,240 shares in the last quarter. DGS Capital Management LLC acquired a new position in Consensus Cloud Solutions during the third quarter worth about $209,000. Finally, Virtus Fund Advisers LLC purchased a new stake in shares of Consensus Cloud Solutions in the third quarter valued at about $327,000. Institutional investors and hedge funds own 93.93% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Citigroup raised their price objective on shares of Consensus Cloud Solutions from $19.00 to $20.00 and gave the stock a "sell" rating in a research note on Friday, January 17th. Oppenheimer increased their target price on Consensus Cloud Solutions from $27.00 to $32.00 and gave the company an "outperform" rating in a report on Thursday, February 20th. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Consensus Cloud Solutions has an average rating of "Hold" and a consensus target price of $27.40.

Consensus Cloud Solutions Trading Down 1.5 %

Shares of NASDAQ CCSI traded down $0.36 during midday trading on Friday, reaching $23.20. 154,525 shares of the stock were exchanged, compared to its average volume of 159,988. The stock has a 50 day moving average price of $26.15 and a 200-day moving average price of $24.43. The company has a market capitalization of $453.00 million, a P/E ratio of 5.02 and a beta of 1.45. Consensus Cloud Solutions, Inc. has a 52-week low of $11.62 and a 52-week high of $32.10.

Consensus Cloud Solutions (NASDAQ:CCSI - Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported $1.09 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.10). The firm had revenue of $86.98 million during the quarter, compared to analysts' expectations of $85.07 million. Consensus Cloud Solutions had a negative return on equity of 83.93% and a net margin of 25.52%. On average, analysts forecast that Consensus Cloud Solutions, Inc. will post 5.17 earnings per share for the current year.

Consensus Cloud Solutions Profile

Consensus Cloud Solutions, Inc, together with its subsidiaries, provides information delivery services with a software-as-a-service platform worldwide. The company offers eFax Corporate, a digital cloud-fax technology; Unite, a single platform that allows the user to choose between various protocols to send and receive healthcare information and can integrate into an existing electronic health record system or stand-alone if no EHR is present.