Universal Beteiligungs und Servicegesellschaft mbH Lowers Position in Clearwater Analytics Holdings, Inc. $CWAN

Universal Beteiligungs und Servicegesellschaft mbH decreased its position in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWANFree Report) by 28.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,200 shares of the company’s stock after selling 56,434 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Clearwater Analytics were worth $2,526,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in CWAN. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in Clearwater Analytics by 252.7% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 27,474 shares of the company’s stock worth $495,000 after buying an additional 19,685 shares in the last quarter. Stephens Investment Management Group LLC raised its position in shares of Clearwater Analytics by 30.3% in the third quarter. Stephens Investment Management Group LLC now owns 2,978,574 shares of the company’s stock worth $53,674,000 after acquiring an additional 692,067 shares during the period. Versant Capital Management Inc boosted its stake in shares of Clearwater Analytics by 189.3% during the 3rd quarter. Versant Capital Management Inc now owns 1,565 shares of the company’s stock worth $28,000 after acquiring an additional 1,024 shares in the last quarter. Stephens Inc. AR grew its position in shares of Clearwater Analytics by 30.0% during the 3rd quarter. Stephens Inc. AR now owns 14,193 shares of the company’s stock valued at $256,000 after acquiring an additional 3,272 shares during the period. Finally, Manning & Napier Advisors LLC increased its stake in shares of Clearwater Analytics by 4.8% in the 3rd quarter. Manning & Napier Advisors LLC now owns 3,194,969 shares of the company’s stock valued at $58,148,000 after purchasing an additional 145,013 shares in the last quarter. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Clearwater Analytics

In other news, CRO Scott Stanley Erickson sold 44,386 shares of Clearwater Analytics 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 transaction, the executive owned 72,917 shares in the company, valued at $1,756,570.53. The trade was a 37.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Souvik Das sold 41,594 shares of the business’s stock in a transaction dated Thursday, January 1st. The shares were sold at an average price of $24.09, for a total transaction of $1,001,999.46. Following the transaction, the chief technology officer directly owned 148,224 shares in the company, valued at approximately $3,570,716.16. The trade was a 21.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 447,164 shares of company stock worth $10,590,768. 3.31% of the stock is owned by company insiders.

Clearwater Analytics Trading Down 0.2%

Shares of CWAN opened at $24.09 on Friday. Clearwater Analytics Holdings, Inc. has a 52-week low of $15.73 and a 52-week high of $32.00. The stock has a market cap of $7.05 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 3.49 and a beta of 0.66. The firm’s fifty day moving average is $23.10 and its two-hundred day moving average is $20.67. 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:CWANGet Free Report) last issued its 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). The business had revenue of $205.11 million during the quarter, compared to analyst estimates of $203.66 million. Clearwater Analytics had a net margin of 61.28% and a return on equity of 2.77%. Clearwater Analytics’s quarterly revenue was up 77.1% on a year-over-year basis. During the same quarter last year, the company earned $0.14 earnings per share. Research analysts forecast that Clearwater Analytics Holdings, Inc. will post 0.18 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. DA Davidson reiterated a “neutral” rating and set a $24.55 price target (down previously from $30.00) on shares of Clearwater Analytics in a research report on Friday, January 16th. Jefferies Financial Group lowered Clearwater Analytics to a “hold” rating in a research report on Friday, January 16th. Oppenheimer cut shares of Clearwater Analytics from an “outperform” rating to a “market perform” rating in a research note on Monday, December 22nd. Wall Street Zen cut shares of Clearwater Analytics from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Finally, Warburg Research set a $24.55 price objective on shares of Clearwater Analytics in a 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 company. According to data from MarketBeat, Clearwater Analytics currently has an average rating of “Hold” and an average price target of $27.21.

View Our Latest Report on Clearwater Analytics

Clearwater Analytics Profile

(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.

Further Reading

Institutional Ownership by Quarter for Clearwater Analytics (NYSE:CWAN)

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