CCC Intelligent Solutions Holdings Inc (CCCS) gets rating Downgrade from JP Morgan

In a filing, CCC Intelligent Solutions Holdings Inc revealed its Director De Crescenzo Neil E. acquired Company’s shares for reported $0.85 million on May 23 ’25. In the deal valued at $8.54 per share,100,000 shares were bought. As a result of this transaction, De Crescenzo Neil E. now holds 213,429 shares worth roughly $2.01 million.

Then, Young Lauren sold 30,000,000 shares, generating $272,400,000 in total proceeds. Upon selling the shares at $9.08, the Director now owns 1,562,344 shares.

Before that, Wei Eric sold 30,000,000 shares. CCC Intelligent Solutions Holdings Inc shares valued at $272,400,000 were divested by the Director at a price of $9.08 per share. As a result of the transaction, Wei Eric now holds 1,562,344 shares, worth roughly $14.7 million.

JP Morgan downgraded its CCC Intelligent Solutions Holdings Inc [CCCS] rating to an Underweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late February from “an Overweight” to “a Neutral”. Morgan Stanley also remained covering CCCS and has increased its forecast on November 13, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating.

Price Performance Review of CCCS

On Friday, CCC Intelligent Solutions Holdings Inc [NASDAQ:CCCS] saw its stock jump 1.07% to $9.41. Over the last five days, the stock has gained 0.75%. CCC Intelligent Solutions Holdings Inc shares have fallen nearly -18.03% since the year began. Nevertheless, the stocks have fallen -19.78% over the past one year. While a 52-week high of $12.88 was reached on 01/02/25, a 52-week low of $8.14 was recorded on 04/07/25.

Levels Of Support And Resistance For CCCS Stock

The 24-hour chart illustrates a support level at 9.28, which if violated will result in even more drops to 9.15. On the upside, there is a resistance level at 9.59. A further resistance level may holdings at 9.76.

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 2025-06-13, dropping by -2.24 million shares to a total of 25.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 28.07 million shares. There was a decline of -8.67%, which implies that there is a negative sentiment for the stock.

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