Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CCC Intelligent Solutions Holdings Inc shares valued at $312,100 were sold by Silva Michael John on Aug 21 ’24. At $10.75 per share, Silva Michael John sold 29,022 shares. The insider’s holdings dropped to 30,172 shares worth approximately $0.32 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Silva Michael John purchased 29,022 shares, netting a total of over 312,099 in proceeds.
Before that, PRIGGE MARY JO had sold 38,816 shares from its account. In a trade valued at $397,864, the insider traded CCC Intelligent Solutions Holdings Inc shares for $10.25 each. Upon closing the transaction, the insider’s holdings decreased to 38,816 shares, worth approximately $1.04 million.
As of December 12, 2023, Morgan Stanley has initiated its “an Equal-weight” rating for CCCS. Earlier on September 22, 2023, Stifel initiated its rating. Their recommendation was “a Buy” for CCCS stock.
Analyzing CCCS Stock Performance
During the last five days, there has been a drop of approximately -1.29%. Over the course of the year, CCC Intelligent Solutions Holdings Inc shares have dropped approximately -5.71%. Shares of the company reached a 52-week high of $12.68 on 03/08/24 and a 52-week low of $9.79 on 08/05/24. A 50-day SMA is recorded $10.67, while a 200-day SMA reached $11.19. Nevertheless, trading volume fell to 2.33 million shares from 1.7 million shares the previous day.
Support And Resistance Levels for CCC Intelligent Solutions Holdings Inc (CCCS)
According to the 24-hour chart, there is a support level at 10.66, which, if violated, would cause prices to drop to 10.59. In the upper region, resistance lies at 10.82. The next price resistance is at 10.91. RSI (Relative Strength Index) is 46.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.06, which suggests the price will decrease in the coming days. Percent R is at 75.00%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
