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 $1,216,240 were purchased by De Crescenzo Neil E. on Dec 20 ’24. At $12.16 per share, De Crescenzo Neil E. acquired 100,000 shares. The insider’s holdings grew to 100,000 shares worth approximately $1.17 million following the completion of this transaction.
Also, Williams Teri sold 20,000 shares, netting a total of over 244,358 in proceeds. Following the sale of shares at $12.22 each, the insider now holds 54,135 shares.
Before that, Williams Teri had added 20,000 shares to its account. In a trade valued at $244,357, the Director bought CCC Intelligent Solutions Holdings Inc shares for $12.22 each.
As published in a research note from Morgan Stanley on November 13, 2024, CCC Intelligent Solutions Holdings Inc [CCCS] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $15 from $14. Earlier on December 12, 2023, Morgan Stanley initiated its rating. Their recommendation was “an Equal-weight” for CCCS stock.
Analyzing CCCS Stock Performance
During the last five days, there has been a surge of approximately 6.46%. Over the course of the year, CCC Intelligent Solutions Holdings Inc shares have dropped approximately -0.26%. Shares of the company reached a 52-week high of $11.80 on 01/02/25 and a 52-week low of $10.94 on 01/16/25. A 50-day SMA is recorded $11.89, while a 200-day SMA reached $11.24. Nevertheless, trading volume fell to 4.64 million shares from 4.04 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 11.42, which, if violated, would cause prices to drop to 11.13. In the upper region, resistance lies at 11.85. The next price resistance is at 11.99. RSI (Relative Strength Index) is 54.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.07, which suggests the price will decrease in the coming days. Percent R is at 15.47%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
