Clearwater Analytics (NYSE:CWAN) CTO Souvik Das Sells 14,686 Shares

Clearwater Analytics Holdings, Inc. (NYSE:CWANGet Free Report) CTO Souvik Das sold 14,686 shares of the firm’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $23.80, for a total transaction of $349,526.80. Following the sale, the chief technology officer directly owned 210,109 shares of the company’s stock, valued at approximately $5,000,594.20. The trade was a 6.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Souvik Das also recently made the following trade(s):

  • On Monday, March 9th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The stock was sold at an average price of $23.37, for a total transaction of $233,700.00.
  • On Wednesday, February 18th, Souvik Das sold 88,848 shares of Clearwater Analytics stock. The shares were sold at an average price of $23.44, for a total transaction of $2,082,597.12.
  • On Monday, February 9th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The shares were sold at an average price of $23.89, for a total value of $238,900.00.
  • On Thursday, January 8th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The stock was sold at an average price of $24.08, for a total value of $240,800.00.

Clearwater Analytics Stock Up 0.0%

Shares of NYSE CWAN traded up $0.01 during midday trading on Thursday, reaching $23.80. 3,977,279 shares of the company’s stock were exchanged, compared to its average volume of 10,208,298. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 1.83. Clearwater Analytics Holdings, Inc. has a 52-week low of $15.73 and a 52-week high of $26.94. The business’s fifty day moving average price is $23.54 and its two-hundred day moving average price is $21.61. The stock has a market capitalization of $7.03 billion, a PE ratio of -169.95, a price-to-earnings-growth ratio of 3.28 and a beta of 0.64.

Institutional Trading of Clearwater Analytics

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in Clearwater Analytics by 21.9% during the 3rd quarter. Vanguard Group Inc. now owns 33,261,349 shares of the company’s stock valued at $599,370,000 after purchasing an additional 5,967,798 shares during the period. Wellington Management Group LLP increased its position in Clearwater Analytics by 108.7% in the third quarter. Wellington Management Group LLP now owns 17,793,701 shares of the company’s stock worth $320,642,000 after buying an additional 9,268,950 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Clearwater Analytics by 11.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,715,837 shares of the company’s stock valued at $330,827,000 after buying an additional 1,459,150 shares during the last quarter. Starboard Value LP bought a new stake in Clearwater Analytics in the fourth quarter valued at $240,212,000. Finally, Wasatch Advisors LP boosted its holdings in shares of Clearwater Analytics by 3.0% during the second quarter. Wasatch Advisors LP now owns 9,567,391 shares of the company’s stock valued at $209,813,000 after acquiring an additional 274,664 shares during the period. Institutional investors own 50.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Weiss Ratings cut Clearwater Analytics from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, February 23rd. William Blair restated a “market perform” rating on shares of Clearwater Analytics in a research note on Monday, December 22nd. Jefferies Financial Group cut shares of Clearwater Analytics to a “hold” rating in a report on Friday, January 16th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $24.55 price objective (down from $36.00) on shares of Clearwater Analytics in a research note on Wednesday, February 25th. Finally, Warburg Research set a $24.55 price objective on shares of Clearwater Analytics in a report on Monday, December 22nd. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $26.17.

Read Our Latest Stock Analysis on CWAN

Clearwater Analytics News Roundup

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Clearwater Analytics Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Clearwater Analytics (NYSE:CWAN)

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