Artisan Mid Cap Fund Exited CCC Intelligent Solutions Holdings (CCC) on Flat Profit Cycle

5 days ago 5

Soumya Eswaran

Mon, May 11, 2026 astatine 8:02 AM CDT 3 min read

Artisan Partners, an concern absorption company, released its first-quarter 2026 capitalist missive for the “Artisan Mid Cap Fund”. A transcript of the missive is disposable to download here. In Q1 2026, the Artisan Mid Cap Fund reported antagonistic implicit returns but somewhat outperformed the Russell Midcap® Growth Index. The marketplace favored little volatility and income-oriented equities, with worth outpacing maturation significantly. Despite challenges for maturation strategies, selective banal choices successful sectors similar industrials and healthcare provided strength, portion user discretionary faced weaknesses. Mid- and small-cap indices showed resilience amid lagging large-cap maturation stocks. The escalating struggle successful Iran influenced marketplace behavior, and AI-related investments continued to enactment superior spending and earnings. In addition, delight cheque the Fund’s apical 5 holdings to cognize its champion picks successful 2026.

In its first-quarter 2026 capitalist letter, Artisan Mid Cap Fund highlighted CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC). CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) is simply a bundle institution that provides a software-as-a-service (SaaS) level for the spot and casualty security industry. On May 8, 2026, CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) closed astatine $5.13 per share. One-month instrumentality of CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) was -1.16%, and its shares mislaid 43.56% implicit the past 52 weeks. CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) has a marketplace capitalization of $3.01 billion.

Artisan Mid Cap Fund stated the pursuing regarding CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) successful its Q1 2026 capitalist letter:

"We ended our concern campaigns successful Ares, CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) and Parsons during the quarter. CCC Intelligent Solutions provides bundle for mishap claims processing crossed US insurers and car repair facilities. We exited the presumption due to the fact that the nett rhythm has not accelerated contempt caller merchandise initiatives, and caller results person raised concerns astir acquisition integration and implementation delays. While the franchise remains coagulated and valuation appears inexpensive, we reallocated superior to higher condemnation bundle opportunities."

CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 32 hedge money portfolios held CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) astatine the extremity of the 4th quarter, the aforesaid arsenic successful the erstwhile quarter. CCC Intelligent Solutions Holdings Inc.'s (NASDAQ:CCC) archetypal 4th 2026 gross climbed 12% year-over-year to $281 million, surpassing the precocious extremity of guidance. While we admit the imaginable of CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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