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Citigroup Cuts Price Target for CCC Intelligent Solutions (NYSE: CCCS) to $10.00

CCC Good Options (New York Stock Exchange: CCCSGet the rating) Citigroup funding analysts minimize their value goal from $11.00 to $10.00 in a word issued to traders on Tuesday, the fly reviews. Citigroup’s value goal signifies a possible upside of seven.18% over the corporate’s present value.

Different fairness analysis analysts have additionally launched analysis reviews on the inventory. Piper Sandler started protecting shares of CCC Good Options in a report on Monday, August eighth. They issued a “impartial” score and a goal value of $11.00 per share. William Blair reaffirmed an “excellent” score on shares of CCC Clever Options in a analysis report on Friday, August fifth. Jefferies Monetary Group commenced protection of shares of CCC Clever Options in a analysis report on Friday, July eighth. They issued a “purchase” score and a $12.00 value goal for the corporate. Barclays commenced protection of shares of CCC Clever Options in a analysis report on Friday, October twenty first. They issued an “equal weight” score and a $10.00 value goal for the corporate. Lastly, Goldman Sachs raised shares of CCC Clever Options from a “impartial” score to a “purchase” score and set a $12.00 value goal for the corporate in a analysis report on Wednesday, July thirteenth. One analysis analyst has rated the inventory with a promote score, two have issued a maintain score and 4 have assigned a purchase score to the corporate. In response to MarketBeat information, the inventory has a median score of “Maintain” and an agreed value goal of $11.43.

CCC Clever Options Buying and selling up 2.8%

CCCS It opened at $9.33 on Tuesday. The corporate has a debt-to-equity ratio of 0.40, a buying and selling ratio of two.46 and a fast ratio of two.46. CCC Clever Options recorded a 52-week low of $7.41 and a 52-week excessive of $13.46. The corporate has a market capitalization of $5.79 billion, a PE ratio of -23.32, a P/E/G ratio of 1.60 and a beta of 0.79. The corporate’s 50-day transferring common is $9.08 and its 200-day transferring common is $9.20.

CCC Good Options (New York Stock Exchange: CCCSGet the rating) final posted its earnings outcomes on Thursday, August 4th. The corporate reported earnings of $0.06 per share for the quarter, lacking analyst estimates of $0.08 ($0.02). CCC Clever Options had a unfavorable return on fairness of 0.45% and a unfavorable web margin of 29.61%. The corporate generated $192.79 million in income for the quarter, in comparison with analyst estimates of $189.80 million. As a bunch, analysis analysts count on CCC Clever Options to report 0.24 earnings per share for the present fiscal 12 months.

Inside exercise

In different information, director William Ingram bought 19,096 shares of inventory in a transaction that occurred on Monday, August eighth. The shares had been bought at a median value of $9.88, for a complete transaction of $188,668.48. Following the completion of the transaction, the director now straight owns 8,404 shares of the corporate’s inventory, valued at roughly $83,031.52. The transaction was disclosed in a authorized submitting with the Securities and Trade Fee, which could be accessed via This hyperlink. In associated information, Director William Ingram bought 1,096 shares of the corporate’s inventory in a transaction that passed off on Monday, August eighth. The shares had been bought at a median value of $9.88, with a complete worth of $188,668.48. Following the completion of the transaction, the director now straight owns 8,404 shares of the corporate’s inventory, valued at roughly $83,031.52. The transaction was disclosed in a authorized submitting with the Securities and Trade Fee, which could be accessed via this link. Additionally, insider Mary Jo Brigg bought 115,422 shares of the corporate’s inventory in a transaction that occurred on Monday, August eighth. The inventory bought at a median value of $9.83, for a complete of $1,134,598.26. Disclosure could be discovered on this sale over here. Insiders have bought 257,582 shares of firm inventory valued at $2,492,396 up to now three months. Firm insiders personal 6.81% of the corporate’s inventory.

Institutional inflows and outflows

A number of institutional traders and hedge funds have lately purchased and bought shares of the corporate. Commonwealth Fairness Companies LLC bought a brand new stake in CCC Clever Options within the first quarter valued at roughly $6,967,000. Summit Creek Advisors LLC raised its stake in CCC Clever Options by 291.8% within the first quarter. Summit Creek Advisors LLC now owns 1,061,177 shares of the corporate’s inventory valued at $11,715,000 after buying a further 790,354 shares within the final quarter. TD Asset Administration Inc. Its stake in CCC Clever Options elevated by 43.6% within the first quarter. TD Asset Administration Inc. Now 1,345,326 shares of the corporate’s inventory are valued at $14,852,000 after buying a further 408,744 shares within the final quarter. Massachusetts Monetary Companies MA raised its stake in CCC Clever Options by 2.4% within the first quarter. The Massachusetts Monetary Companies Company now owns 3,567,322 shares of the corporate’s inventory valued at $39,383,000 after buying a further 83,336 shares final quarter. Lastly, Financial institution of New York Mellon Corp raised its stake in CCC Clever Options by 12.3% within the first quarter. Financial institution of New York Mellon now owns 38,517 shares of the corporate’s inventory, valued at $425,000 after buying a further 4,232 shares within the final quarter. 96.20% of the shares are owned by institutional traders.

About CCC Good Options

(Get the rating)

CCC Clever Options Holdings Inc. offers cloud, cell, synthetic intelligence, high-scale applied sciences and purposes for the property and casualty insurance coverage financial system. The SaaS platform digitizes mission-critical AI-powered workflows, facilitates commerce, and connects companies throughout the insurance coverage financial system, together with insurers, collision repairers, elements suppliers, auto producers, monetary establishments, and extra.

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This prompt information alert was created by narrative science know-how and MarketBeat monetary information to supply readers with the quickest and most correct reporting. This story was reviewed by the Editorial Group at MarketBeat previous to publication. Please ship any questions or feedback about this story to [email protected]

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