Conestoga Capital Dumps 7.3 Million CCC Intelligent Solutions Shares Worth $47.8 Million

2 hours ago 1

Cory Renauer, The Motley Fool

Mon, April 27, 2026 astatine 9:26 AM CDT 4 min read

According to its SEC filing dated April 24, 2026, Conestoga Capital Advisors, LLC reduced its presumption successful CCC Intelligent Solutions (NASDAQ:CCC) by 7,290,405 shares during the archetypal quarter. The estimated worth of shares sold was $47.75 million, based connected the mean closing terms for the quarter. The money reported 5,240,492 shares remaining, with a quarter-end worth of $31.44 million. The nett presumption change, which includes terms drift, was a alteration of $68.18 million.

  • This was a sale; CCC represents 0.63% of Conestoga Capital Advisors, LLC’s 13F assets aft the trade

  • Top holdings aft the filing:

    • NYSE: RBC: $233.17 cardinal (4.7% of AUM)

    • NASDAQ: CWST: $222.51 cardinal (4.4% of AUM)

    • NASDAQ: BCPC: $212.05 cardinal (4.2% of AUM)

    • NASDAQ: FSV: $195.29 cardinal (3.9% of AUM)

    • NASDAQ: ROAD: $183.80 cardinal (3.7% of AUM)

  • As of April 23, 2026, CCC shares were priced astatine $4.79, down 45.8% implicit the past year, underperforming the S&P 500 by 78.0 percent points

  • CCC’s presumption was antecedently 1.7% of money AUM arsenic of the anterior quarter

Metric

Value

Price (as of marketplace adjacent April 23, 2026)

$4.79

Market Capitalization

$3.02 billion

Revenue (TTM)

$1.06 billion

Net Income (TTM)

$0.41 million

  • Provides a SaaS level for spot and casualty insurance, offering cloud, mobile, AI, telematics, and workflow solutions to digitize and link the security economy

  • Serves security carriers, collision repair shops, automotive manufacturers, parts suppliers, lenders, and different businesses successful the security and automotive worth chain

  • Headquartered successful Chicago, Illinois, with a absorption connected integer translation and precocious analytics for claims and repair processes

CCC Intelligent Solutions Holdings Inc. operates astatine standard with a broad exertion level that enables integer translation crossed the security and automotive industries. The company’s strategy centers connected leveraging precocious analytics and AI to streamline claims, repairs, and related processes, providing important operational efficiencies for its clients. Its established presumption and wide ecosystem connectivity connection a competitory borderline successful a rapidly evolving security exertion landscape.

Conestoga Capital dropped astir 58% of its CCC Intelligent Solutions shares successful the archetypal quarter. The steadfast reduced dozens of banal positions successful the 3rd quarter. Its CCC presumption received the 3rd largest simplification of the quarter.

CCC Intelligent Solutions is 1 of galore software-as-a-service (SaaS) companies that could spot their concern exemplary disrupted by generative artificial quality applications. It wouldn’t instrumentality overmuch disruption to crook this bundle concern from a grower to a shrinker. The institution has grown its trailing 12-month gross by conscionable 29% implicit the past 3 years.

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