Maven Securities LTD Acquires Shares of 375,000 Clearwater Analytics Holdings, Inc. $CWAN

Maven Securities LTD acquired a new stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) during the fourth quarter, HoldingsChannel reports. The firm acquired 375,000 shares of the company’s stock, valued at approximately $9,045,000.

A number of other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in Clearwater Analytics by 21.9% in the third 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 stake 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 valued at $320,642,000 after purchasing an additional 9,268,950 shares during the period. Wasatch Advisors LP increased its stake in Clearwater Analytics by 3.0% in the second quarter. Wasatch Advisors LP now owns 9,567,391 shares of the company’s stock valued at $209,813,000 after purchasing an additional 274,664 shares during the period. Morgan Stanley increased its stake in Clearwater Analytics by 15.8% in the fourth quarter. Morgan Stanley now owns 7,855,686 shares of the company’s stock valued at $189,479,000 after purchasing an additional 1,074,771 shares during the period. Finally, Bamco Inc. NY increased its stake in Clearwater Analytics by 25.9% in the third quarter. Bamco Inc. NY now owns 7,675,038 shares of the company’s stock valued at $138,304,000 after purchasing an additional 1,580,323 shares during the period. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Clearwater Analytics Trading Down 0.0%

Shares of Clearwater Analytics stock opened at $24.33 on Monday. Clearwater Analytics Holdings, Inc. has a 52-week low of $15.73 and a 52-week high of $24.43. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.39. The company’s 50-day simple moving average is $24.23 and its 200-day simple moving average is $23.63. The firm has a market cap of $7.26 billion, a price-to-earnings ratio of -135.13, a price-to-earnings-growth ratio of 3.34 and a beta of 0.60.

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

Insider Activity at Clearwater Analytics

In other Clearwater Analytics news, CTO Souvik Das sold 14,686 shares of the company’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $23.80, for a total transaction of $349,526.80. Following the transaction, the chief technology officer directly owned 210,109 shares in the company, valued at approximately $5,000,594.20. This represents a 6.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CRO Scott Stanley Erickson sold 18,790 shares of the company’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total transaction of $447,202.00. Following the transaction, the executive owned 155,119 shares in the company, valued at $3,691,832.20. The trade was a 10.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 175,632 shares of company stock valued at $4,198,091 in the last ninety days. Company insiders own 3.31% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on CWAN shares. Royal Bank Of Canada reiterated a “sector perform” rating and set a $24.55 price target (down from $36.00) on shares of Clearwater Analytics in a research note on Wednesday, February 25th. DA Davidson reiterated a “neutral” rating and set a $24.55 price target on shares of Clearwater Analytics in a research note on Wednesday, May 20th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Clearwater Analytics in a research note on Friday, May 22nd. Three 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 stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $25.19.

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.