Shares of CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS – Get Rating) have been assigned a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokers that have covered the stock in the last year is $11.71.
Several equities research analysts have recently weighed in on the company. Piper Sandler upped their price objective on CCC Intelligent Solutions from $9.80 to $10.00 and gave the company a “neutral” rating in a research note on Thursday, March 2nd. Barrington Research reiterated an “outperform” rating and issued a $15.00 price objective on shares of CCC Intelligent Solutions in a research note on Friday, March 3rd.
Institutional Investors Weigh In On CCC Intelligent Solutions
Large investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD lifted its holdings in CCC Intelligent Solutions by 76.1% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 30,087,903 shares of the company’s stock worth $276,809,000 after buying an additional 13,003,752 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in CCC Intelligent Solutions by 0.4% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 29,864,967 shares of the company’s stock worth $259,826,000 after buying an additional 108,949 shares in the last quarter. Vanguard Group Inc. lifted its holdings in CCC Intelligent Solutions by 7.7% during the 3rd quarter. Vanguard Group Inc. now owns 13,294,681 shares of the company’s stock worth $120,982,000 after buying an additional 950,683 shares in the last quarter. BlackRock Inc. lifted its holdings in CCC Intelligent Solutions by 13.3% during the 3rd quarter. BlackRock Inc. now owns 5,289,420 shares of the company’s stock worth $48,133,000 after buying an additional 620,213 shares in the last quarter. Finally, Vista Wealth Management Group LLC lifted its holdings in CCC Intelligent Solutions by 536.4% during the 3rd quarter. Vista Wealth Management Group LLC now owns 4,725,000 shares of the company’s stock worth $40,163,000 after buying an additional 3,982,500 shares in the last quarter. 96.40% of the stock is currently owned by institutional investors.
CCC Intelligent Solutions Trading Down 0.7 %
CCC Intelligent Solutions Company Profile
CCC Intelligent Solutions Holdings Inc provides cloud, mobile, AI, telematics, hyperscale technologies, and applications for the property and casualty insurance economy. It SaaS platform digitizes mission-critical AI-enabled workflows, facilitates commerce, and connects businesses across the insurance economy, including insurance carriers, collision repairers, parts suppliers, automotive manufactures, financial institution, and others.
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