Key Points
- CFO James Cox sold 29,700 shares on Nov. 25 at an average price of $22.00 for a total of $653,400, cutting his stake by 8.17% to 333,983 shares valued at about $7.35 million.
- Clearwater reported $0.14 EPS for the quarter (missed the $0.16 consensus) with revenue of $205.11 million, up 77.1% year-over-year, while the stock trades near $21.74 with a PE of 14.21 and a 12‑month range of $15.73–$32.34.
- The board authorized a $100 million share buyback (about 1.7% of outstanding shares), and analyst coverage is mixed but generally positive with an average rating of "Moderate Buy" and an average target price of $29.56.
Clearwater Analytics Holdings, Inc. (NYSE:CWAN - Get Free Report) CFO James Cox sold 29,700 shares of the firm's stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $22.00, for a total transaction of $653,400.00. Following the completion of the sale, the chief financial officer owned 333,983 shares of the company's stock, valued at approximately $7,347,626. This trade represents a 8.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Clearwater Analytics Stock Performance
Shares of CWAN opened at $21.74 on Thursday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.42. The firm has a market cap of $6.36 billion, a PE ratio of 14.21, a P/E/G ratio of 5.82 and a beta of 0.69. Clearwater Analytics Holdings, Inc. has a 12 month low of $15.73 and a 12 month high of $32.34. The stock has a fifty day moving average price of $18.65 and a 200-day moving average price of $20.49.
Clearwater Analytics (NYSE:CWAN - Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.02). Clearwater Analytics had a net margin of 61.28% and a return on equity of 2.77%. The business had revenue of $205.11 million for the quarter, compared to analyst estimates of $203.66 million. During the same period in the prior year, the company earned $0.14 earnings per share. The company's quarterly revenue was up 77.1% on a year-over-year basis. Clearwater Analytics has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Equities research analysts predict that Clearwater Analytics Holdings, Inc. will post 0.18 earnings per share for the current fiscal year.
Clearwater Analytics announced that its Board of Directors has approved a share buyback plan on Wednesday, September 3rd that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to buy up to 1.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.
Analyst Upgrades and Downgrades
Several research analysts recently issued reports on CWAN shares. The Goldman Sachs Group raised shares of Clearwater Analytics from a "neutral" rating to a "buy" rating and set a $27.00 target price for the company in a report on Monday, August 11th. Wall Street Zen lowered Clearwater Analytics from a "hold" rating to a "sell" rating in a research note on Saturday, November 22nd. Weiss Ratings restated a "hold (c)" rating on shares of Clearwater Analytics in a research note on Tuesday. Royal Bank Of Canada reiterated an "outperform" rating and set a $36.00 price target on shares of Clearwater Analytics in a research report on Wednesday, September 17th. Finally, Zacks Research raised Clearwater Analytics from a "strong sell" rating to a "hold" rating in a report on Thursday, September 4th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, Clearwater Analytics presently has an average rating of "Moderate Buy" and an average target price of $29.56.
Get Our Latest Analysis on CWAN
Institutional Investors Weigh In On Clearwater Analytics
A number of institutional investors have recently added to or reduced their stakes in CWAN. Versant Capital Management Inc raised its position in Clearwater Analytics by 189.3% during the third 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 during the period. First Horizon Advisors Inc. lifted its stake in Clearwater Analytics by 278.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,523 shares of the company's stock valued at $33,000 after buying an additional 1,121 shares in 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 worth $33,000 after buying an additional 640 shares during the last quarter. Bessemer Group Inc. increased its stake in Clearwater Analytics by 84.6% during the 2nd quarter. Bessemer Group Inc. now owns 1,545 shares of the company's stock worth $35,000 after buying an additional 708 shares in the last quarter. Finally, Danske Bank A S acquired a new position in shares of Clearwater Analytics during the third quarter valued at approximately $36,000. Institutional investors and hedge funds own 50.10% of the company's stock.
About Clearwater Analytics
(
Get Free Report)
Clearwater Analytics Holdings, Inc develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally.
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