Marc Fredman, Senior Vice President and Chief Strategy Officer of CCC Intelligent Solutions Holdings Inc (CCCS, Financial), sold 9,871 shares of the company on March 26, 2024, according to a recent SEC filing.
CCC Intelligent Solutions Holdings Inc is a provider of technology solutions for the automotive, insurance, and collision repair industries. The company's software and services support the entire vehicle lifecycle, including advanced digital and artificial intelligence capabilities that power innovations in vehicle connectivity, autonomous driving, electric vehicles, and shared mobility.
Over the past year, the insider has sold a total of 1,273,544 shares and has not made any purchases of the company's stock. The recent transaction on March 26 is part of this selling trend.
The insider transaction history for CCC Intelligent Solutions Holdings Inc shows a pattern of insider sales, with 26 insider sells recorded over the past year and no insider buys during the same period.
On the day of the insider's recent sale, shares of CCC Intelligent Solutions Holdings Inc were trading at $11.88, giving the company a market capitalization of $7.195 billion.
The stock's price-to-GF-Value ratio stands at 1, indicating that CCC Intelligent Solutions Holdings Inc is Fairly Valued based on its GF Value. The GF Value is an intrinsic value estimate that considers historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
