Jeffrey Alan Sullivan Sells 5,400 Shares of Consensus Cloud Solutions (NASDAQ:CCSI) Stock

Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) CTO Jeffrey Alan Sullivan sold 5,400 shares of Consensus Cloud Solutions stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $37.70, for a total value of $203,580.00. Following the transaction, the chief technology officer owned 114,968 shares of the company’s stock, valued at approximately $4,334,293.60. This represents a 4.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Consensus Cloud Solutions Stock Performance

NASDAQ:CCSI traded down $0.03 during trading hours on Friday, reaching $39.07. The company had a trading volume of 147,810 shares, compared to its average volume of 174,482. The company has a debt-to-equity ratio of 13.19, a current ratio of 1.90 and a quick ratio of 1.80. Consensus Cloud Solutions, Inc. has a 1-year low of $20.20 and a 1-year high of $41.40. The business’s 50 day moving average price is $36.28 and its 200-day moving average price is $30.58. The firm has a market cap of $716.15 million, a PE ratio of 7.91 and a beta of 1.57.

Consensus Cloud Solutions (NASDAQ:CCSI) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.01. Consensus Cloud Solutions had a net margin of 26.69% and a return on equity of 502.63%. The business had revenue of $91.36 million for the quarter, compared to analysts’ expectations of $89.63 million. Consensus Cloud Solutions has set its Q3 2026 guidance at 1.340-1.440 EPS and its FY 2026 guidance at 5.550-5.950 EPS. Research analysts forecast that Consensus Cloud Solutions, Inc. will post 5.08 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on CCSI shares. Oppenheimer upped their price objective on shares of Consensus Cloud Solutions from $35.00 to $40.00 and gave the stock an “outperform” rating in a research report on Monday. Weiss Ratings restated a “hold (c+)” rating on shares of Consensus Cloud Solutions in a research note on Tuesday, August 4th. BTIG Research upped their price target on Consensus Cloud Solutions from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Monday. Finally, Wall Street Zen raised Consensus Cloud Solutions from a “hold” rating to a “buy” rating in a report on Sunday, May 17th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $41.67.

Institutional Trading of Consensus Cloud Solutions

A number of institutional investors and hedge funds have recently modified their holdings of CCSI. Legal & General Group Plc purchased a new position in Consensus Cloud Solutions in the 2nd quarter valued at about $68,000. Kendall Capital Management acquired a new stake in Consensus Cloud Solutions in the 2nd quarter worth about $367,000. Ieq Capital LLC purchased a new stake in Consensus Cloud Solutions during the 2nd quarter worth approximately $329,000. Heron Bay Capital Management purchased a new stake in Consensus Cloud Solutions during the 2nd quarter worth approximately $70,076,000. Finally, Denali Advisors LLC acquired a new position in shares of Consensus Cloud Solutions during the second quarter valued at approximately $8,810,000. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Consensus Cloud Solutions Company Profile

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.