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CHICAGO - CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS), a cloud platform provider for the insurance economy with a market capitalization of $6.06 billion and impressive gross profit margins of 75.9%, announced it will change its ticker symbol from "CCCS" to "CCC" effective Friday, October 31, 2025. The company’s common stock will continue trading on NASDAQ under the new symbol, with no action required from stockholders. The CUSIP number will remain unchanged. Currently trading at $9.33, InvestingPro analysis suggests the stock is slightly overvalued, with analyst price targets ranging from $10 to $14.
The company also scheduled the release of its third-quarter 2025 financial results for Thursday, October 30, 2025, before U.S. markets open. A conference call to discuss results and business outlook will follow at 8:00 a.m. Eastern Time on the same day. InvestingPro data shows the company achieving 9.6% revenue growth, with analysts expecting continued profit growth this year.
CCC Intelligent Solutions provides cloud-based solutions for the property and casualty insurance industry. The company’s platform connects more than 35,000 businesses including insurers, repair facilities, automakers, and parts suppliers.
The announcement was made in a press release statement issued by the company.
In other recent news, CCC Intelligent Solutions Holdings Inc. reported its second-quarter earnings for 2025, surpassing both revenue and earnings per share (EPS) forecasts. The company’s EPS was $0.09, exceeding the anticipated $0.08, while revenue reached $260.5 million, above the expected $256.2 million. In another development, Advent International, L.P. affiliates announced plans to sell 30 million shares of CCC Intelligent Solutions in a secondary offering. The offering comprises entirely of existing common stock, and CCC Intelligent Solutions will not receive any proceeds from this transaction. Goldman Sachs & Co. LLC is managing the offering. Additionally, CCC Intelligent Solutions and Elitek Vehicle Services expanded their integration through the CCC Diagnostics Network. This enhancement allows auto repair shops to capture more service details automatically in their workflow systems, building on their initial 2023 integration. These recent developments reflect ongoing strategic and financial activities within the company.
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