Pennant Investors, LP Discloses New Purchase of 1,850,000 Shares CCC Smart Solutions Holdings Inc. (NASDAQ: CCC)According to an SEC filing on February 17, 2026, the transaction value is expected to be $15.05 million based on quarterly average pricing.
According to a filing with the Securities and Exchange Commission (SEC) on February 17, 2026, Pennant Investors, LP reported purchasing 1,850,000 shares of CCC Intelligence Solutions Holdings stock. The transaction value is expected to be $15.05 million, based on the average closing price for the quarter ending December 31, 2025. The fund’s CCC position has grown in value by $13.75 million during that period, reflecting incremental and price action in the stock.
This is an acquisition that brings CCC’s shares to 5.08% of Pennant’s 13F AUM as of December 31, 2025.
Main holdings after filing:
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Nasdaq: SATS: $79.6 million (19.4% of AUM)
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Nasdaq: MSFT: $40.8 million (9.9% of AUM)
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Nasdaq: SOLS: $34 million (8.3% of AUM)
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Nasdaq: PRM: $32.8 million (8.0% of AUM)
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NYSE: GOOG: $28.8 million (7.0% of AUM)
As of February 17, 2026, CCC’s stock price was US$5.04, down 53.2% in one year, and lagging the S&P 500 Index by 65.0 percentage points during the same period.
|
Metric |
value |
|---|---|
|
Price (as of closing on February 17, 2026) |
$5.04 |
|
Market value |
US$3.27 billion |
|
Earnings (cutoff time) |
$1.03 billion |
|
Net Profit (TTM) |
($172,000) |
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Provides a SaaS platform that delivers cloud, mobile, artificial intelligence, telematics and analytics solutions to the property and casualty insurance industry, including workflow, estimating, total loss and payment solutions.
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Operates a subscription-based business model that generates recurring revenue by digitizing mission-critical workflows and facilitating commerce across the insurance value chain.
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Serving insurance companies, collision repairers, automakers, parts suppliers, financial institutions and other players in the insurance ecosystem.
CCC Intelligent Solutions Holdings is a technology company specializing in insurance economics software infrastructure with a focus on digital transformation and workflow automation. The company leverages artificial intelligence and cloud-based platforms to streamline operations for a wide range of insurance and automotive industry clients.
New Jersey-based investment management firm Pennant Investors recently purchased 1.85 million shares of CCC Intelligence Solutions Holdings, a SaaS stock, worth approximately $15 million. Here’s what investors need to know.
CCC recently reported fourth-quarter earnings (for the three months ending December 31, 2025). All in all, it was a very positive quarter for the company, with annual revenue topping $1 billion for the first time and reported earnings that beat analysts’ expectations. Additionally, management issued optimistic revenue guidance for 2026, with double-digit growth.
