Key Points
- CRO Scott Stanley Erickson sold 74,530 shares of Clearwater Analytics on Feb. 18 at an average price of $23.44 for about $1.75M, trimming his ownership by 34.96% to 138,630 shares (worth ~ $3.25M).
- Multiple senior executives (CEO, CTO, CFO and CRO) sold large blocks on Feb. 17–18, which could pressure near‑term sentiment; plus a Kaskela Law investigation into the fairness of a proposed shareholder buyout adds legal/transactional risk.
- Institutional backing remains strong (Vanguard, Wellington, T. Rowe, and a new Starboard stake), while analysts on average rate the stock "Hold" with an average price target of $27.21; the company has a market cap of about $6.82B and a 52‑week range of $15.73–$31.90.
Clearwater Analytics Holdings, Inc. (NYSE:CWAN - Get Free Report) CRO Scott Stanley Erickson sold 74,530 shares of the firm's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.44, for a total value of $1,746,983.20. Following the transaction, the executive directly owned 138,630 shares in the company, valued at $3,249,487.20. This trade represents a 34.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.
Scott Stanley Erickson also recently made the following trade(s):
- On Wednesday, December 31st, Scott Stanley Erickson sold 4,454 shares of Clearwater Analytics stock. The stock was sold at an average price of $24.08, for a total transaction of $107,252.32.
- On Thursday, January 1st, Scott Stanley Erickson sold 44,386 shares of Clearwater Analytics stock. The shares were sold at an average price of $24.09, for a total transaction of $1,069,258.74.
Clearwater Analytics Stock Down 0.1%
Clearwater Analytics stock opened at $23.30 on Friday. Clearwater Analytics Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $31.90. The stock has a market cap of $6.82 billion, a price-to-earnings ratio of -166.39, a PEG ratio of 3.37 and a beta of 0.66. The company's 50-day moving average price is $23.71 and its two-hundred day moving average price is $20.92. The company has a current ratio of 1.83, a quick ratio of 1.97 and a debt-to-equity ratio of 0.40.
Wall Street Analyst Weigh In
A number of research firms have weighed in on CWAN. DA Davidson restated a "neutral" rating and issued a $24.55 target price on shares of Clearwater Analytics in a research report on Thursday. Warburg Research set a $24.55 price objective on Clearwater Analytics in a report on Monday, December 22nd. Wells Fargo & Company cut Clearwater Analytics from an "overweight" rating to an "equal weight" rating and decreased their target price for the company from $27.00 to $24.55 in a research note on Thursday, January 8th. JPMorgan Chase & Co. lowered their target price on Clearwater Analytics from $28.00 to $26.00 and set an "overweight" rating on the stock in a report on Thursday, November 6th. Finally, UBS Group downgraded shares of Clearwater Analytics from a "buy" rating to a "neutral" rating and cut their price target for the company from $30.00 to $24.55 in a report on Monday, January 26th. Four equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $27.21.
View Our Latest Report on CWAN
Key Headlines Impacting Clearwater Analytics
Here are the key news stories impacting Clearwater Analytics this week:
- Positive Sentiment: Significant institutional backing remains — large managers (Vanguard, Wellington, T. Rowe, plus a new Starboard stake) have recently increased or established positions, which supports longer‑term demand for the stock. MarketBeat CWAN overview
- Neutral Sentiment: DA Davidson reaffirmed a "neutral" rating with a $24.55 price target (only modest upside from current levels), signaling analyst views are cautious/steady rather than bullish. DA Davidson note via TickerReport
- Neutral Sentiment: Coverage of Q4 results and key metrics is mixed — earnings writeups (Zacks, SeattlePI, Yahoo valuation pieces) highlight some operational momentum but leave room for interpretation vs. estimates, so the report did not clearly swing sentiment. Zacks Q4 earnings coverage
- Negative Sentiment: Large insider sales by top executives on Feb. 17–18: CEO Sandeep Sahai, CTO Souvik Das, CFO James Cox, CRO Scott Erickson and another insider each sold substantial blocks (~tens to hundreds of thousands of shares), trimming ownership by double‑digit percentages — this volume can pressure near‑term sentiment even if sales are preplanned. SEC filing (example CEO sale)
- Negative Sentiment: Kaskela Law announced an investigation into whether the recently proposed shareholder buyout price is fair, which raises legal/transactional risk and could complicate or reprice the deal for investors. Litigation or a negotiated raise in price would be material. GlobeNewswire: Kaskela investigation
Institutional Investors Weigh In On Clearwater Analytics
Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in shares of Clearwater Analytics by 21.9% in 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 raised its holdings in Clearwater Analytics by 108.7% during the 3rd 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% during 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 in the last quarter. Starboard Value LP acquired a new position in shares of Clearwater Analytics in the fourth quarter worth about $240,212,000. Finally, Wasatch Advisors LP boosted its holdings in shares of Clearwater Analytics by 3.0% in the second quarter. Wasatch Advisors LP now owns 9,567,391 shares of the company's stock worth $209,813,000 after buying an additional 274,664 shares during the period. 50.10% of the stock is owned by hedge funds and other institutional investors.
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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