Stock Traders Purchase High Volume of Clearwater Analytics Put Options (NYSE:CWAN)

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) was the recipient of unusually large options trading activity on Monday. Stock investors acquired 17,403 put options on the stock. This is an increase of 62% compared to the average volume of 10,752 put options.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Jefferies Financial Group downgraded Clearwater Analytics to a “hold” rating in a report on Friday, January 16th. UBS Group downgraded Clearwater Analytics from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $30.00 to $24.55 in a research report on Monday, January 26th. DA Davidson reiterated a “neutral” rating and issued a $24.55 price target on shares of Clearwater Analytics in a report on Thursday. Warburg Research set a $24.55 price objective on Clearwater Analytics in a report on Monday, December 22nd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $36.00 target price on shares of Clearwater Analytics in a research report on Monday, December 22nd. Four research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, Clearwater Analytics presently has a consensus rating of “Hold” and an average target price of $27.21.

Clearwater Analytics Trading Down 0.7%

Shares of Clearwater Analytics stock traded down $0.16 during trading on Monday, hitting $23.15. 4,414,683 shares of the company were exchanged, compared to its average volume of 14,300,302. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.83 and a quick ratio of 1.83. The firm has a market capitalization of $6.77 billion, a P/E ratio of -165.31, a price-to-earnings-growth ratio of 3.24 and a beta of 0.66. The firm’s fifty day moving average price is $23.71 and its 200 day moving average price is $20.93. Clearwater Analytics has a 1-year low of $15.73 and a 1-year high of $31.57.

Insider Activity at Clearwater Analytics

In other news, CRO Scott Stanley Erickson sold 74,530 shares of Clearwater Analytics stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $23.44, for a total value of $1,746,983.20. Following the completion of the transaction, the executive owned 138,630 shares in the company, valued at approximately $3,249,487.20. The trade was a 34.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sandeep Sahai sold 233,813 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $23.44, for a total value of $5,480,576.72. Following the completion of the transaction, the chief executive officer directly owned 1,357,138 shares in the company, valued at $31,811,314.72. The trade was a 14.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,032,399 shares of company stock valued at $24,345,918. Insiders own 3.31% of the company’s stock.

Institutional Investors Weigh In On Clearwater Analytics

Several large investors have recently bought and sold shares of CWAN. EverSource Wealth Advisors LLC lifted its holdings in shares of 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 in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Clearwater Analytics during the fourth quarter worth about $26,000. Versant Capital Management Inc raised its position in Clearwater Analytics by 189.3% in the 3rd quarter. Versant Capital Management Inc now owns 1,565 shares of the company’s stock valued at $28,000 after buying an additional 1,024 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in Clearwater Analytics by 278.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,523 shares of the company’s stock valued at $33,000 after acquiring an additional 1,121 shares in the last quarter. Finally, Essex Investment Management Co. LLC lifted its stake in Clearwater Analytics by 54.9% in the 3rd quarter. Essex Investment Management Co. LLC now owns 1,806 shares of the company’s stock valued at $33,000 after acquiring an additional 640 shares in the last quarter. Institutional investors own 50.10% of the company’s stock.

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.