CCC Intelligent Solutions Announces Proposed Offering Of 50M Shares By Selling Shareholders
$CCCS
Computer Software: Prepackaged Software
Technology
CCC Intelligent Solutions Announces Proposed Offering Of 50M Shares By Selling Shareholders
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2024 | $14.00 → $15.00 | Equal-Weight → Overweight | Morgan Stanley |
| 8/20/2024 | $15.00 | Buy | BofA Securities |
| 12/13/2023 | $13.00 | Neutral | Citigroup |
| 12/12/2023 | $13.00 | Equal-Weight | Morgan Stanley |
| 9/22/2023 | $14.00 | Buy | Stifel |
| 5/23/2023 | $13.00 | In-line → Outperform | Evercore ISI |
| 4/25/2023 | $12.00 → $11.00 | Buy | Jefferies |
| 4/13/2023 | $11.00 | Overweight | JP Morgan |
Morgan Stanley upgraded CCC Intelligent Solutions from Equal-Weight to Overweight and set a new price target of $15.00 from $14.00 previously
BofA Securities resumed coverage of CCC Intelligent Solutions with a rating of Buy and set a new price target of $15.00
Citigroup resumed coverage of CCC Intelligent Solutions with a rating of Neutral and set a new price target of $13.00
Partnership to streamline ADAS detection, improve repair accuracy and enhance efficiency for CCC ONE® users PLANO, Texas, Nov. 13, 2024 /PRNewswire/ -- Repairify, the global leader in remote diagnostics, calibrations, programming, and automotive intelligence for the collision and mechanical repair industries, announced today a new integration between its ADAS-focused platform, adasThink, and CCC ONE®, the premier estimating and repair management software from CCC Intelligent Solutions Inc. (CCC). This collaboration aims to provide collision repair shops with seamless access to advanced driver assistance systems (ADAS) insights, helping to enhance repair precision, increase efficiency and red
The CCC Intelligent Experience (IX) Cloud™ Recognized for Technology Innovation CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today that it has been named to PropertyCasualty360's Insurance Luminaries Class of 2024 in the category of Technology Innovation. This recognition highlights the CCC Intelligent Experience (IX) Cloud™ platform, which delivers real-time insights and AI-powered automation to enable faster, more informed business decisions across the ecosystem of providers that come together to bring drivers back to pre-accident condition. The Insurance Luminaries program spotlights top professionals, teams, organizations,
CCC Intelligent Solutions Holdings Inc. ("CCC" or the "Company") (NASDAQ:CCCS), a leading cloud platform provider for the P&C insurance economy, today announced its financial results for the three months ended September 30, 2024. "CCC delivered solid third quarter results, highlighted by 8% year-over-year revenue growth and 43% adjusted EBITDA margin. Our sustained performance in 2024 year-to-date reflects multiple new business wins, renewals, and contract expansions across our customer groups," said Githesh Ramamurthy, Chairman & CEO of CCC. "We believe that our investments in artificial intelligence, the CCC IX Cloud™ platform, and our multi-sided network position us to continue to deli
CCC Intelligent Solutions Holdings Inc. ("CCC" or the "Company") (NASDAQ:CCCS), a leading cloud platform provider for the P&C insurance economy, today announced its financial results for the three months ended September 30, 2024. "CCC delivered solid third quarter results, highlighted by 8% year-over-year revenue growth and 43% adjusted EBITDA margin. Our sustained performance in 2024 year-to-date reflects multiple new business wins, renewals, and contract expansions across our customer groups," said Githesh Ramamurthy, Chairman & CEO of CCC. "We believe that our investments in artificial intelligence, the CCC IX Cloud™ platform, and our multi-sided network position us to continue to deli
CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQ:CCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the third quarter of 2024, ended September 30, 2024, after the U.S. financial markets close on Monday, October 28, 2024. In conjunction with this announcement, CCC will host a conference call on Monday, October 28, 2024, at 5:00 p.m. (Eastern Time), to discuss the Company's financial results and business outlook. A live webcast of the call will be available on the "Investor Relations" page of the Company's website at https://ir.cccis.com, and a replay will be archived on the website as well. About CCC Intelligen
CCC Intelligent Solutions Holdings Inc. ("CCC" or the "Company") (NASDAQ:CCCS), a leading cloud platform for the P&C insurance economy, today announced its financial results for the three months ended June 30, 2024. "CCC delivered strong second quarter results, highlighted by 10% year-over-year revenue growth and 41% adjusted EBITDA margin. Our solid performance in the first half of 2024 reinforces our confidence in our durable business model, multisided network, and customer-focused innovation," said Githesh Ramamurthy, Chairman & CEO of CCC. "Our significant investment in research and development over the past decade has enabled us to build a robust pipeline of new solutions that help
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144 - CCC Intelligent Solutions Holdings Inc. (0001818201) (Subject)
144 - CCC Intelligent Solutions Holdings Inc. (0001818201) (Subject)
CCC Intelligent Solutions Holdings Inc. (the "Company") (NASDAQ:CCCS) today announced the pricing of the previously announced secondary offering of the Company's common stock (the "Offering") by affiliates of Advent International, L.P. and Oak Hill Capital Partners (collectively, the "Selling Stockholders") at a price to the public of $11.50 per share. The Offering consists of 50 million shares of the Company's common stock. The Offering is expected to close on or about May 30, 2024, subject to the satisfaction of customary closing conditions. The Offering consists entirely of shares of the Company's common stock to be sold by the Selling Stockholders, and the Company will not receive any p
Amazon Web Services Alum to Enhance Day-to-Day Operations, Accelerate Innovation and Drive AI Initiatives CCC Intelligent Solutions Inc. (CCC), a leading cloud platform powering the P&C insurance economy, announces today the appointment of Justin McWhirter as chief information officer (CIO) following the retirement of CIO Bill Rocholl, who held the position since 2013. McWhirter will oversee the company's IT operations, enhancing the day-to-day operations of existing applications, while also accelerating the pace of innovation and driving AI initiatives for CCC and its customers. McWhirter joins CCC from Amazon Web Services (AWS) where he led a team of solution architects and collaborat
Seasoned Leader Brings Proven Track Record Delivering Innovative Outcomes for Clients Across Multiple Industries Including Financial Services CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the P&C insurance economy, strengthens its executive team with the appointment of Michael Silva as Chief Commercial and Customer Success Officer. Silva will have overall responsibility to deliver innovative outcomes for CCC's customers across the P&C insurance economy. Silva joins CCC from Salesforce, where he was responsible for global and enterprise customers in the financial services segment. "Mike is a solid addition to our leadership team, and I am confident in his ability to sup
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4 - CCC Intelligent Solutions Holdings Inc. (0001818201) (Issuer)
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