Key Points
- CTO Souvik Das sold 10,000 shares of Clearwater Analytics (NYSE:CWAN) on March 9 at an average price of $23.37 for $233,700, leaving him with 197,132 shares — a 4.83% decline in his ownership (valued ≈$4.61M).
- Das has been actively reducing his stake since late December, selling about 165,715 shares across multiple transactions (including an 88,848-share sale on Feb. 18) for roughly $3.9 million total over the period.
- Stock context: CWAN opened at $23.17 (12‑month range $15.73–$28.18), has a $6.85B market cap, and carries an analyst consensus of "Hold" with an average price target of $26.17.
Clearwater Analytics Holdings, Inc. (NYSE:CWAN - Get Free Report) CTO Souvik Das sold 10,000 shares of the firm's stock in a transaction on Monday, March 9th. The shares were sold at an average price of $23.37, for a total value of $233,700.00. Following the sale, the chief technology officer directly owned 197,132 shares of the company's stock, valued at approximately $4,606,974.84. This represents a 4.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Souvik Das also recently made the following trade(s):
- On Wednesday, February 18th, Souvik Das sold 88,848 shares of Clearwater Analytics stock. The stock was sold at an average price of $23.44, for a total transaction of $2,082,597.12.
- On Monday, February 9th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The shares were sold at an average price of $23.89, for a total transaction of $238,900.00.
- On Thursday, January 8th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The stock was sold at an average price of $24.08, for a total transaction of $240,800.00.
- On Wednesday, December 31st, Souvik Das sold 5,273 shares of Clearwater Analytics stock. The stock was sold at an average price of $24.08, for a total transaction of $126,973.84.
- On Thursday, January 1st, Souvik Das sold 41,594 shares of Clearwater Analytics stock. The shares were sold at an average price of $24.09, for a total transaction of $1,001,999.46.
Clearwater Analytics Stock Down 0.9%
Clearwater Analytics stock opened at $23.17 on Wednesday. Clearwater Analytics Holdings, Inc. has a twelve month low of $15.73 and a twelve month high of $28.18. The firm has a 50 day moving average price of $23.78 and a 200-day moving average price of $21.26. The company has a market capitalization of $6.85 billion, a P/E ratio of -165.49, a P/E/G ratio of 3.25 and a beta of 0.67. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.40.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on CWAN. Morgan Stanley reissued an "equal weight" rating and set a $24.55 price objective (down from $27.00) on shares of Clearwater Analytics in a report on Tuesday, January 27th. Oppenheimer lowered Clearwater Analytics from an "outperform" rating to a "market perform" rating in a research note on Monday, December 22nd. DA Davidson reaffirmed a "neutral" rating and set a $24.55 price target on shares of Clearwater Analytics in a research report on Thursday, February 19th. William Blair reiterated a "market perform" rating on shares of Clearwater Analytics in a research note on Monday, December 22nd. Finally, Warburg Research set a $24.55 price objective on Clearwater Analytics in a report on Monday, December 22nd. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $26.17.
Read Our Latest Stock Report on CWAN
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of CWAN. EverSource Wealth Advisors LLC grew its stake 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 buying an additional 720 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of Clearwater Analytics during the fourth quarter worth $26,000. Versant Capital Management Inc lifted its position in shares of 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 in the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of Clearwater Analytics by 278.9% in the second quarter. First Horizon Advisors Inc. now owns 1,523 shares of the company's stock worth $33,000 after acquiring an additional 1,121 shares during the period. Finally, Essex Investment Management Co. LLC boosted its holdings in shares of Clearwater Analytics by 54.9% in the third quarter. Essex Investment Management Co. LLC now owns 1,806 shares of the company's stock worth $33,000 after acquiring an additional 640 shares during the period. 50.10% of the stock is owned by institutional investors.
About Clearwater Analytics
(
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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