CCC Intelligent Solutions Holdings Inc. provides software as a service (SaaS) platform for the property and casualty (P&C) insurance economy. Co.'s cloud-based SaaS platform connects trading partners, facilitates commerce, and supports artificial intelligence (AI) enabled digital workflows. Co.'s solutions include CCC Insurance Solutions, CCC Repair Solutions, CCC Ecosystem and Other Solutions, and CCC International Solutions. Its insurance solutions include CCC Workflow, CCC Estimating, CCC Total Loss, CCC Casualty, CCC Subrogation and CCC Claim Handling. Co.'s repair solutions include CCC Estimating, CCC Network Management, CCC Repair Workflow and CCC Repair Quality. We show 6 historical shares outstanding datapoints in our CCC shares outstanding history coverage, used to compute CCC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CCC market cap history over the course of time is important for investors
interested in comparing CCC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CCC versus a peer is one thing; comparing
CCC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CCC can fluctuate over the course of history.
With this page we aim to empower investors researching CCC by allowing them to research the CCC market cap history. |
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Video: The Importance of Market Cap
