On August 5, 2024, Director Eileen Schloss made a significant transaction by selling 99,925 shares of CCC Intelligent Solutions Holdings Inc (NASDAQ:CCCS). The shares were sold at a price of $9.89 per share, as detailed in the SEC filing. Following this transaction, the insider now owns 54,047 shares of the company’s stock.

CCC Intelligent Solutions Holdings Inc. is in the software industry, providing advanced cloud-based SaaS platforms for the automotive, insurance and collision repair industries. The company’s solutions facilitate communications and service transactions between approximately 30,000 businesses and 300 insurance companies.

Over the past year, the insider has sold a total of 99,925 shares and purchased no shares. This recent sale is part of a broader trend seen within the company. Over the past year, there were 44 insider sales and no insider purchases.

CCC Intelligent Solutions Holdings Inc. stock traded at $9.89 on the day of the sale, giving the company a market capitalization of approximately $6.33 billion. The price-to-earnings ratio is 371.85, well above the industry median of 25.92 and the company’s historical median.

According to GF Value, CCC Intelligent Solutions Holdings Inc.’s intrinsic value is estimated at $12.21 per share, suggesting that the stock is slightly undervalued with a Price to GF Value ratio of 0.81.

This sale by the insider may be of interest to current and prospective investors as it provides insight into the insider’s view of the stock’s valuation relative to its current trading price.

This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.

This article first appeared on GuruFocus.