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Investing in CCC Intelligent Solutions Holdings Inc (CCCS): What You Must Know

In a filing, CCC Intelligent Solutions Holdings Inc revealed its Director De Crescenzo Neil E. acquired Company’s shares for reported $1.22 million on Dec 20 ’24. In the deal valued at $12.16 per share,100,000 shares were bought. As a result of this transaction, De Crescenzo Neil E. now holds 100,000 shares worth roughly $1.04 million.

Then, Williams Teri sold 20,000 shares, generating $244,358 in total proceeds. Upon selling the shares at $12.22, the Director now owns 54,135 shares.

Before that, Williams Teri bought 20,000 shares. CCC Intelligent Solutions Holdings Inc shares valued at $244,357 were divested by the Director at a price of $12.22 per share.

Morgan Stanley upgraded its CCC Intelligent Solutions Holdings Inc [CCCS] rating to an Overweight from a an Equal-weight in a research note published on November 13, 2024; the price target was increased to $15 from $14. Morgan Stanley started covering the stock on December 12, 2023. It rated CCCS as “an Equal-weight”.

Price Performance Review of CCCS

On Friday, CCC Intelligent Solutions Holdings Inc [NASDAQ:CCCS] saw its stock fall -1.32% to $10.43. Over the last five days, the stock has lost -4.66%. CCC Intelligent Solutions Holdings Inc shares have fallen nearly -11.08% since the year began. Nevertheless, the stocks have fallen -7.86% over the past one year. While a 52-week high of $12.88 was reached on 01/02/25, a 52-week low of $9.79 was recorded on 02/21/25. SMA at 50 days reached $11.40, while 200 days put it at $11.19.

Levels Of Support And Resistance For CCCS Stock

The 24-hour chart illustrates a support level at 10.33, which if violated will result in even more drops to 10.23. On the upside, there is a resistance level at 10.59. A further resistance level may holdings at 10.74. The Relative Strength Index (RSI) on the 14-day chart is 26.60, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.24%. Stochastics %K at 10.23% indicates the stock is a buying.

The most recent change occurred on September 22, 2023 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $14 price target.

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