Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Receives Average Rating of “Hold” from Brokerages

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) has received a consensus recommendation of “Hold” from the fourteen ratings firms that are presently covering the stock, MarketBeat.com reports. Ten investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $27.2091.

CWAN has been the topic of a number of research analyst reports. UBS Group lowered Clearwater Analytics from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $30.00 to $24.55 in a research note on Monday, January 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Clearwater Analytics in a report on Monday, December 29th. Warburg Research set a $24.55 target price on shares of Clearwater Analytics in a report on Monday, December 22nd. Wall Street Zen lowered shares of Clearwater Analytics from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Finally, William Blair reiterated a “market perform” rating on shares of Clearwater Analytics in a report on Monday, December 22nd.

Insider Transactions at Clearwater Analytics

In other Clearwater Analytics news, CEO Sandeep Sahai sold 134,130 shares of the business’s stock in a transaction dated Thursday, January 1st. The stock was sold at an average price of $24.09, for a total transaction of $3,231,191.70. Following the completion of the sale, the chief executive officer owned 1,092,923 shares of the company’s stock, valued at approximately $26,328,515.07. The trade was a 10.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Souvik Das sold 41,594 shares of the company’s stock in a transaction dated Thursday, January 1st. The stock was sold at an average price of $24.09, for a total value of $1,001,999.46. Following the sale, the chief technology officer owned 148,224 shares of the company’s stock, valued at $3,570,716.16. This represents a 21.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 457,164 shares of company stock valued at $10,829,668 in the last ninety days. Company insiders own 3.31% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Essex Investment Management Co. LLC grew its stake in Clearwater Analytics by 27.2% during the fourth quarter. Essex Investment Management Co. LLC now owns 2,298 shares of the company’s stock worth $55,000 after buying an additional 492 shares during the period. Cim LLC lifted its holdings in shares of Clearwater Analytics by 0.8% during the 3rd quarter. Cim LLC now owns 66,184 shares of the company’s stock valued at $1,193,000 after acquiring an additional 557 shares in the last quarter. Hilltop National Bank boosted its position in Clearwater Analytics by 12.6% during the 3rd quarter. Hilltop National Bank now owns 5,533 shares of the company’s stock worth $100,000 after purchasing an additional 619 shares during the period. Bessemer Group Inc. increased its holdings in Clearwater Analytics by 84.6% in the 2nd quarter. Bessemer Group Inc. now owns 1,545 shares of the company’s stock valued at $35,000 after purchasing an additional 708 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Clearwater Analytics by 211.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock valued at $26,000 after purchasing an additional 720 shares during the period. Hedge funds and other institutional investors own 50.10% of the company’s stock.

Clearwater Analytics Trading Down 1.4%

Shares of Clearwater Analytics stock opened at $23.13 on Tuesday. Clearwater Analytics has a fifty-two week low of $15.73 and a fifty-two week high of $32.00. The business’s fifty day moving average is $23.55 and its two-hundred day moving average is $20.83. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.42. The firm has a market cap of $6.77 billion, a PE ratio of 15.12, a P/E/G ratio of 3.35 and a beta of 0.66.

Clearwater Analytics Company Profile

Clearwater Analytics LLC is a global provider of web-based investment portfolio accounting, reporting, and analytics solutions. The company’s software-as-a-service platform automates complex processes involved in investment data aggregation, reconciliation, valuation, and regulatory reporting. Serving institutional investors—including insurers, asset managers, corporations, government entities, and asset owners—Clearwater Analytics enables clients to optimize performance visibility, risk management, and operational efficiency.

Founded in 2004 and headquartered in Boise, Idaho, Clearwater Analytics has grown its global footprint with offices across North America, Europe, and the Asia-Pacific region.