Royal Bank Cuts Stake in CCC Intelligent Solutions Holdings Inc.
According to a recent SEC filing, Royal Bank of Canada reduced its stake in CCC Intelligent Solutions Holdings Inc. Common Stock by selling 355,200 shares during the first quarter.
This sale resulted in Royal Bank of Canada's ownership in CCC Intelligent Solutions Holdings Inc. Common Stock decreasing from 2,818,196 shares to 2,462,996 shares, representing a 12.6% decrease in their position.
The market value of this reduced stake is approximately $14,777,000, accounting for about 0.42% of the company's outstanding stock.