CCC Intelligent falls after secondary offering

** Shares of CCC Intelligent Solutions CCCS, a cloud platform for insurance industry, fall 2.5% to $9.73

** CCCS late Tuesday announced pricing of secondary offering of 30 million shares by buyout firm Advent International

** Advent sold the shares at $9.89 apiece for gross proceeds of $296.7 million

** Offering priced at 0.8% discount to stock's last close

** Goldman Sachs was the book running manager for the offering

** 10 of 13 brokerages rate the stock "buy" or higher, 2 "hold" and 1 "sell"; median PT is $12.50 - data compiled by LSEG

** As of last close, CCCS stock was down 15% YTD