CCC Intelligent Solutions Holdings Inc’s filing revealed that its Chief Accounting Officer Christo Rodney unloaded Company’s shares for reported $0.11 million on Mar 07 ’25. In the deal valued at $9.35 per share,12,186 shares were sold. As a result of this transaction, Christo Rodney now holds 0 shares worth roughly $0.0.
Then, Wei Eric sold 42,000,000 shares, generating $433,650,000 in total proceeds. Upon selling the shares at $10.32, the Director now owns 2,258,343 shares.
Before that, ADVENT INTERNATIONAL, L.P. sold 42,000,000 shares. CCC Intelligent Solutions Holdings Inc shares valued at $433,650,000 were divested by the Director at a price of $10.32 per share. As a result of the transaction, ADVENT INTERNATIONAL, L.P. now holds 2,258,343 shares, worth roughly $21.05 million.
JP Morgan downgraded its CCC Intelligent Solutions Holdings Inc [CCCS] rating to a Neutral from a an Overweight in a research note published on February 26, 2025; the price target was decreased to $11 from $14. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in mid November from “an Equal-weight” to “an Overweight”.
Price Performance Review of CCCS
On Friday, CCC Intelligent Solutions Holdings Inc [NASDAQ:CCCS] saw its stock jump 1.19% to $9.32. Over the last five days, the stock has gained 0.32%. CCC Intelligent Solutions Holdings Inc shares have fallen nearly -20.55% since the year began. Nevertheless, the stocks have fallen -24.78% over the past one year. While a 52-week high of $12.88 was reached on 01/02/25, a 52-week low of $8.82 was recorded on 03/11/25. SMA at 50 days reached $10.69, while 200 days put it at $11.09.
Levels Of Support And Resistance For CCCS Stock
The 24-hour chart illustrates a support level at 9.24, which if violated will result in even more drops to 9.16. On the upside, there is a resistance level at 9.41. A further resistance level may holdings at 9.50. The Relative Strength Index (RSI) on the 14-day chart is 29.00, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 74.81%. Stochastics %K at 20.10% indicates the stock is a holding.
How much short interest is there in CCC Intelligent Solutions Holdings Inc?
A steep rise in short interest was recorded in CCC Intelligent Solutions Holdings Inc stocks on 2025-02-28, growing by 3.31 million shares to a total of 19.96 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 16.65 million shares. There was a rise of 16.59%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on December 12, 2023 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $13 price target.
