On August 5, 2024, Director Eileen Schloss executed a significant transaction by selling 99,925 shares of CCC Intelligent Solutions Holdings Inc (CCCS, Financial). The shares were sold at a price of $9.89 each, as detailed in the SEC Filing. Following this transaction, the insider now owns 54,047 shares of the company.
CCC Intelligent Solutions Holdings Inc operates in the software industry, providing advanced cloud-based SaaS platforms for the automotive, insurance, and collision repair industries. The company's solutions facilitate communications and service transactions between approximately 30,000 businesses and 300 insurance companies.
Over the past year, the insider has sold a total of 99,925 shares and has not purchased any shares. This recent sale is part of a broader trend observed within the company, where there have been 44 insider sells and no insider buys over the past year.
The stock of CCC Intelligent Solutions Holdings Inc was trading at $9.89 on the day of the sale, giving the company a market cap of approximately $6.33 billion. The price-earnings ratio stands at 371.85, significantly above both the industry median of 25.92 and the company's historical median.
According to the GF Value, the intrinsic value of CCC Intelligent Solutions Holdings Inc is estimated at $12.21 per share, suggesting that the stock is Modestly Undervalued with a price-to-GF-Value ratio of 0.81.
This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation relative to its current trading price.
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.
