Y Intercept Hong Kong Ltd Has $4.28 Million Stock Position in Clearwater Analytics Holdings, Inc. $CWAN

Y Intercept Hong Kong Ltd boosted its holdings in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 29.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 237,525 shares of the company’s stock after purchasing an additional 53,989 shares during the period. Y Intercept Hong Kong Ltd owned about 0.08% of Clearwater Analytics worth $4,280,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. AQR Capital Management LLC lifted its position in shares of Clearwater Analytics by 1,027.1% during the 1st quarter. AQR Capital Management LLC now owns 132,828 shares of the company’s stock worth $3,560,000 after buying an additional 121,043 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in Clearwater Analytics during the first quarter worth about $208,000. Woodline Partners LP raised its stake in Clearwater Analytics by 75.2% during the first quarter. Woodline Partners LP now owns 20,066 shares of the company’s stock worth $538,000 after acquiring an additional 8,613 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Clearwater Analytics by 1.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 459,292 shares of the company’s stock worth $12,309,000 after acquiring an additional 6,826 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its stake in shares of Clearwater Analytics by 44.4% in the 2nd quarter. Park Avenue Securities LLC now owns 27,875 shares of the company’s stock valued at $611,000 after purchasing an additional 8,570 shares in the last quarter. Institutional investors and hedge funds own 50.10% of the company’s stock.

Clearwater Analytics Stock Down 0.4%

Shares of NYSE:CWAN opened at $24.19 on Monday. The firm has a market cap of $7.08 billion, a P/E ratio of 15.81, a P/E/G ratio of 3.49 and a beta of 0.66. Clearwater Analytics Holdings, Inc. has a 12-month low of $15.73 and a 12-month high of $32.00. The business has a fifty day simple moving average of $22.82 and a 200 day simple moving average of $20.59. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.42.

Clearwater Analytics (NYSE:CWAN) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). Clearwater Analytics had a net margin of 61.28% and a return on equity of 2.77%. The company had revenue of $205.11 million during the quarter, compared to the consensus estimate of $203.66 million. During the same quarter last year, the firm posted $0.14 EPS. The company’s quarterly revenue was up 77.1% on a year-over-year basis. Analysts predict that Clearwater Analytics Holdings, Inc. will post 0.18 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Sandeep Sahai sold 134,130 shares of the company’s stock in a transaction on Thursday, January 1st. The shares were sold at an average price of $24.09, for a total value of $3,231,191.70. Following the sale, the chief executive officer directly owned 1,092,923 shares of the company’s stock, valued at approximately $26,328,515.07. This represents a 10.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CRO Scott Stanley Erickson sold 44,386 shares of the stock in a transaction on Thursday, January 1st. The stock was sold at an average price of $24.09, for a total transaction of $1,069,258.74. Following the sale, the executive owned 72,917 shares of the company’s stock, valued at approximately $1,756,570.53. This trade represents a 37.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 447,164 shares of company stock valued at $10,590,768 over the last three months. Insiders own 3.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CWAN shares. Wells Fargo & Company cut shares of Clearwater Analytics from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $27.00 to $24.55 in a research report on Thursday, January 8th. DA Davidson reiterated a “neutral” rating and set a $24.55 price target (down from $30.00) on shares of Clearwater Analytics in a report on Friday, January 16th. William Blair reiterated a “market perform” rating on shares of Clearwater Analytics in a research note on Monday, December 22nd. JPMorgan Chase & Co. reduced their price objective on Clearwater Analytics from $28.00 to $26.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Clearwater Analytics in a report on Monday, December 29th. Five analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $27.43.

About Clearwater Analytics

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.