Clearwater Analytics Holdings, Inc. $CWAN Shares Bought by State of Wyoming

State of Wyoming raised its position in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 216.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,591 shares of the company’s stock after purchasing an additional 37,998 shares during the quarter. State of Wyoming’s holdings in Clearwater Analytics were worth $1,341,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its holdings in Clearwater Analytics by 211.1% in the 4th 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 during the last quarter. Essex Investment Management Co. LLC boosted its holdings 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 purchasing an additional 640 shares during the last quarter. SBI Securities Co. Ltd. boosted its holdings in Clearwater Analytics by 627.5% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,375 shares of the company’s stock valued at $33,000 after purchasing an additional 1,186 shares during the last quarter. Danske Bank A S acquired a new position in Clearwater Analytics in the 3rd quarter valued at about $36,000. Finally, Private Trust Co. NA boosted its holdings in Clearwater Analytics by 643.3% in the 4th quarter. Private Trust Co. NA now owns 1,546 shares of the company’s stock valued at $37,000 after purchasing an additional 1,338 shares during the last quarter. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CWAN has been the topic of several recent analyst reports. DA Davidson restated a “neutral” rating and issued a $24.55 price objective on shares of Clearwater Analytics in a report on Wednesday, May 20th. Royal Bank Of Canada restated a “sector perform” rating and issued a $24.55 price objective (down from $36.00) on shares of Clearwater Analytics in a report on Wednesday, February 25th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Clearwater Analytics in a report on Friday, May 22nd. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $26.17.

Insider Activity at Clearwater Analytics

In other Clearwater Analytics news, CTO Souvik Das sold 10,000 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $24.34, for a total transaction of $243,400.00. Following the sale, the chief technology officer directly owned 190,109 shares in the company, valued at $4,627,253.06. This represents a 5.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Subi Sethi sold 19,858 shares of the stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total transaction of $472,620.40. Following the sale, the insider owned 388,256 shares in the company, valued at approximately $9,240,492.80. This trade represents a 4.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 194,332 shares of company stock worth $4,624,562 over the last 90 days. 3.31% of the stock is currently owned by corporate insiders.

Clearwater Analytics Stock Performance

Shares of CWAN stock opened at $24.39 on Thursday. The firm’s 50 day moving average price is $24.11 and its 200-day moving average price is $23.45. 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 Holdings, Inc. has a one year low of $15.73 and a one year high of $25.07. The firm has a market cap of $7.28 billion, a P/E ratio of -135.49, a P/E/G ratio of 3.35 and a beta of 0.60.

Clearwater Analytics (NYSE:CWAN) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. Clearwater Analytics had a negative net margin of 5.88% and a positive return on equity of 3.17%. The firm had revenue of $221.23 million for the quarter, compared to analyst estimates of $214.09 million. During the same period in the prior year, the business posted $0.13 EPS. The business’s revenue for the quarter was up 74.4% compared to the same quarter last year. As a group, equities research analysts predict that Clearwater Analytics Holdings, Inc. will post 0.36 EPS for the current year.

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.