Consensus Cloud Solutions (NASDAQ:CCSI) Shares Up 7.7% – Here’s What Happened

Shares of Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) shot up 7.7% during mid-day trading on Wednesday . The stock traded as high as $39.65 and last traded at $41.1020. 12,562 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 183,775 shares. The stock had previously closed at $38.15.

Analysts Set New Price Targets

CCSI has been the topic of several research analyst reports. Oppenheimer raised their price objective on Consensus Cloud Solutions from $32.00 to $35.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 17th. Finally, Weiss Ratings raised Consensus Cloud Solutions from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $36.67.

Consensus Cloud Solutions Price Performance

The company’s 50-day moving average price is $31.29 and its 200-day moving average price is $27.28. The company has a debt-to-equity ratio of 24.99, a current ratio of 1.80 and a quick ratio of 1.80. The company has a market cap of $736.64 million, a P/E ratio of 8.74 and a beta of 1.59.

Consensus Cloud Solutions (NASDAQ:CCSI) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.40 by $0.12. The business had revenue of $88.47 million for the quarter, compared to analysts’ expectations of $87.34 million. Consensus Cloud Solutions had a net margin of 25.09% and a return on equity of 5,736.13%. Consensus Cloud Solutions has set its Q2 2026 guidance at 1.430-1.530 EPS and its FY 2026 guidance at 5.550-5.950 EPS. As a group, sell-side analysts predict that Consensus Cloud Solutions, Inc. will post 5.08 earnings per share for the current fiscal year.

Insider Activity at Consensus Cloud Solutions

In other news, Director Elaine Healy sold 4,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $34.27, for a total transaction of $137,080.00. Following the completion of the transaction, the director directly owned 27,658 shares of the company’s stock, valued at $947,839.66. This represents a 12.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.65% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Consensus Cloud Solutions

Several institutional investors have recently bought and sold shares of CCSI. Quarry LP acquired a new position in Consensus Cloud Solutions during the 4th quarter worth approximately $25,000. State of Alaska Department of Revenue acquired a new stake in shares of Consensus Cloud Solutions in the fourth quarter valued at approximately $46,000. Tower Research Capital LLC TRC lifted its position in shares of Consensus Cloud Solutions by 40.5% in the second quarter. Tower Research Capital LLC TRC now owns 1,978 shares of the company’s stock worth $46,000 after purchasing an additional 570 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Consensus Cloud Solutions by 104.9% during the third quarter. BNP Paribas Financial Markets now owns 3,793 shares of the company’s stock worth $111,000 after purchasing an additional 1,942 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in Consensus Cloud Solutions during the second quarter worth $112,000. Institutional investors own 93.93% of the company’s stock.

About Consensus Cloud Solutions

Consensus Cloud Solutions (NASDAQ: CCSI) is a provider of cloud consulting and managed services focused on helping organizations accelerate digital transformation. The company specializes in designing, deploying and supporting cloud architectures that leverage leading public and private cloud platforms, including infrastructure as a service (IaaS), platform as a service (PaaS) and software as a service (SaaS) environments. Its end-to-end approach encompasses strategy, implementation and ongoing optimization to align technology investments with business objectives.

The firm’s core offerings include cloud migration and deployment, application modernization, data analytics and cybersecurity solutions.