Wealth Enhancement Advisory Services LLC Has $431,000 Stock Holdings in CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS)

Wealth Enhancement Advisory Services LLC decreased its position in CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS - Free Report) by 93.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,967 shares of the company's stock after selling 550,666 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in CCC Intelligent Solutions were worth $431,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CCCS. Envestnet Portfolio Solutions Inc. grew its holdings in shares of CCC Intelligent Solutions by 5.3% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 32,082 shares of the company's stock valued at $384,000 after purchasing an additional 1,619 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in CCC Intelligent Solutions by 9.1% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 311,813 shares of the company's stock valued at $3,729,000 after purchasing an additional 26,077 shares during the period. Swiss National Bank grew its position in CCC Intelligent Solutions by 14.5% in the 1st quarter. Swiss National Bank now owns 475,900 shares of the company's stock worth $5,692,000 after purchasing an additional 60,400 shares during the last quarter. Susquehanna Fundamental Investments LLC bought a new stake in shares of CCC Intelligent Solutions during the first quarter valued at approximately $5,184,000. Finally, Sei Investments Co. boosted its position in shares of CCC Intelligent Solutions by 15.3% during the first quarter. Sei Investments Co. now owns 1,887,533 shares of the company's stock worth $22,575,000 after buying an additional 250,314 shares during the period. 95.79% of the stock is owned by institutional investors and hedge funds.

CCC Intelligent Solutions Stock Up 0.2 %

CCC Intelligent Solutions stock traded up $0.02 during mid-day trading on Friday, hitting $11.41. The company's stock had a trading volume of 1,599,263 shares, compared to its average volume of 2,777,812. The firm's 50 day moving average is $10.86 and its 200 day moving average is $10.99. CCC Intelligent Solutions Holdings Inc. has a 52-week low of $9.79 and a 52-week high of $12.68. The company has a market cap of $7.14 billion, a PE ratio of 570.79, a price-to-earnings-growth ratio of 6.41 and a beta of 0.63. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.19 and a quick ratio of 3.19.

CCC Intelligent Solutions (NYSE:CCCS - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.09 by $0.01. CCC Intelligent Solutions had a net margin of 5.02% and a return on equity of 5.35%. The business had revenue of $238.48 million for the quarter, compared to analysts' expectations of $237.41 million. During the same period in the previous year, the company posted $0.03 EPS. CCC Intelligent Solutions's revenue was up 7.8% on a year-over-year basis. On average, analysts anticipate that CCC Intelligent Solutions Holdings Inc. will post 0.16 earnings per share for the current year.

Insider Activity at CCC Intelligent Solutions

In related news, insider Mary Jo Prigge sold 38,816 shares of the company's stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $10.25, for a total value of $397,864.00. Following the completion of the sale, the insider now directly owns 97,268 shares in the company, valued at approximately $996,997. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, insider Mary Jo Prigge sold 38,816 shares of CCC Intelligent Solutions stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $10.25, for a total value of $397,864.00. Following the transaction, the insider now directly owns 97,268 shares in the company, valued at approximately $996,997. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael John Silva sold 29,022 shares of the stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $10.75, for a total value of $311,986.50. Following the sale, the insider now owns 30,172 shares of the company's stock, valued at approximately $324,349. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 6.67% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CCCS shares. Jefferies Financial Group reduced their price target on CCC Intelligent Solutions from $14.00 to $13.00 and set a "buy" rating for the company in a research report on Wednesday, July 31st. Bank of America initiated coverage on shares of CCC Intelligent Solutions in a report on Tuesday, August 20th. They issued a "buy" rating and a $15.00 price objective for the company. Barrington Research restated an "outperform" rating and issued a $14.00 target price on shares of CCC Intelligent Solutions in a research report on Tuesday, October 29th. JPMorgan Chase & Co. dropped their price objective on CCC Intelligent Solutions from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 29th. Finally, Barclays lowered their target price on CCC Intelligent Solutions from $14.00 to $13.00 and set an "equal weight" rating on the stock in a report on Tuesday, October 29th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $13.56.

CCC Intelligent Solutions Profile

CCC Intelligent Solutions Holdings Inc, operates as a software as a service company for the property and casualty insurance economy in the United States and China. The company's cloud-based software as a service platform connects trading partners, facilitates commerce, and supports mission-critical, artificial intelligence enabled digital workflow across the insurance economy, including insurers, repairers, automakers, parts suppliers, lenders and more.