Kryger Capital LLC Takes $90.28 Million Position in Clearwater Analytics Holdings, Inc. $CWAN

Kryger Capital LLC acquired a new stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,817,188 shares of the company’s stock, valued at approximately $90,276,000. Clearwater Analytics comprises about 6.4% of Kryger Capital LLC’s investment portfolio, making the stock its 5th biggest holding. Kryger Capital LLC owned about 1.29% of Clearwater Analytics at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CWAN. Gabelli Funds LLC acquired a new position in shares of Clearwater Analytics during the fourth quarter worth approximately $7,916,000. Stephens Investment Management Group LLC grew its holdings in Clearwater Analytics by 18.6% in the 4th quarter. Stephens Investment Management Group LLC now owns 3,531,792 shares of the company’s stock worth $85,187,000 after buying an additional 553,218 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Clearwater Analytics in the 4th quarter valued at approximately $6,459,000. Ovata Capital Management Ltd acquired a new stake in Clearwater Analytics in the 4th quarter valued at approximately $6,811,000. Finally, Bamco Inc. NY raised its stake in Clearwater Analytics by 1.8% during the 4th quarter. Bamco Inc. NY now owns 7,816,447 shares of the company’s stock valued at $188,533,000 after acquiring an additional 141,409 shares in the last quarter. 50.10% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CTO Souvik Das sold 10,000 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $24.35, for a total transaction of $243,500.00. Following the completion of the sale, the chief technology officer directly owned 180,109 shares in the company, valued at approximately $4,385,654.15. This trade represents a 5.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director D Scott Mackesy sold 633,879 shares of Clearwater Analytics stock in a transaction on Monday, June 15th. The shares were sold at an average price of $24.30, for a total value of $15,403,259.70. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 653,879 shares of company stock valued at $15,890,160. Insiders own 3.31% of the company’s stock.

Clearwater Analytics Stock Performance

Clearwater Analytics stock opened at $24.56 on Friday. The firm has a market cap of $7.33 billion, a price-to-earnings ratio of -136.44, a price-to-earnings-growth ratio of 3.37 and a beta of 0.60. Clearwater Analytics Holdings, Inc. has a 1 year low of $15.73 and a 1 year high of $24.56. The firm’s 50 day moving average price is $24.45 and its two-hundred day moving average price is $24.04. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.26 and a current ratio of 2.26.

Clearwater Analytics (NYSE:CWAN) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.16. Clearwater Analytics had a positive return on equity of 3.17% and a negative net margin of 5.88%.The firm had revenue of $221.23 million for the quarter, compared to analysts’ expectations of $214.09 million. During the same quarter last year, the business posted $0.13 EPS. Clearwater Analytics’s revenue was up 74.4% on a year-over-year basis. On average, research analysts predict that Clearwater Analytics Holdings, Inc. will post 0.36 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on CWAN shares. DA Davidson reissued a “neutral” rating and issued a $24.55 price target on shares of Clearwater Analytics in a research note on Wednesday, May 20th. Weiss Ratings restated a “sell (d+)” rating on shares of Clearwater Analytics in a research note on Friday, May 22nd. Two investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $24.98.

Clearwater Analytics 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.