Key Points
- CEO Sandeep Sahai sold 51,967 shares on March 31 at an average price of $23.80 for about $1.24M, leaving him with 1,415,619 shares (a reported 3.54% reduction in his stake).
- Several other senior officers also sold shares the same day (about 126,932 shares total, roughly $3.0M), and unusually heavy put-option buying was reported, collectively weighing on near-term market sentiment.
- Scott+Scott launched an investigation into whether Clearwater’s directors breached fiduciary duties regarding the proposed buyout by Warburg Pincus and Permira, creating legal uncertainty that could delay or complicate the deal.
Clearwater Analytics Holdings, Inc. (NYSE:CWAN - Get Free Report) CTO Souvik Das sold 14,686 shares of Clearwater Analytics stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total transaction of $349,526.80. Following the completion of the transaction, the chief technology officer directly owned 210,109 shares of the company's stock, valued at approximately $5,000,594.20. This represents a 6.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Souvik Das also recently made the following trade(s):
- On Monday, March 9th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The stock was sold at an average price of $23.37, for a total transaction of $233,700.00.
- On Wednesday, February 18th, Souvik Das sold 88,848 shares of Clearwater Analytics stock. The shares were 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 shares were sold at an average price of $24.08, for a total value of $240,800.00.
Clearwater Analytics Stock Up 0.0%
NYSE:CWAN opened at $23.80 on Friday. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.40. The stock has a 50 day moving average of $23.53 and a 200-day moving average of $21.62. The firm has a market capitalization of $7.03 billion, a PE ratio of -169.95, a price-to-earnings-growth ratio of 3.30 and a beta of 0.64. Clearwater Analytics Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $26.94.
Trending Headlines about Clearwater Analytics
Here are the key news stories impacting Clearwater Analytics this week:
- Neutral Sentiment: Analysts maintain a consensus "Hold" rating on CWAN, which signals limited near-term analyst-driven upside. Analyst Coverage
- Neutral Sentiment: Despite the recent sales, senior executives still retain large stakes (for example, CEO Sandeep Sahai remains a >1.4M-share holder), which can partially mitigate market concern that insiders are exiting completely. CEO SEC Filing
- Negative Sentiment: Multiple senior executives sold shares the same day (Mar. 31): CEO Sandeep Sahai (51,967), Subi Sethi (19,858), CTO Souvik Das (14,686), CFO James S. Cox (21,631) and CRO Scott Erickson (18,790) — about 126,932 shares total, roughly $3.0M at the reported ~$23.80 average price. Clustered insider selling by top officers often weighs on sentiment because it can be read as insiders taking money off the table. Insider Sale Filings
- Negative Sentiment: Unusually heavy put-option buying was reported (17,402 puts, a ~71% increase vs. typical daily put volume), indicating some traders are positioning for downside or hedging existing long exposure. Elevated put activity can add short-term selling pressure and increase volatility.
- Negative Sentiment: Scott+Scott (plaintiffs' firm) launched an investigation into whether Clearwater's directors breached fiduciary duties related to the proposed buyout by Warburg Pincus and Permira. Legal scrutiny of the sale process can delay the transaction, create uncertainty around deal terms/timing, and add potential liability — all negative catalysts for the stock. Investor Alert
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on CWAN. Warburg Research set a $24.55 price target on shares of Clearwater Analytics in a report on Monday, December 22nd. Weiss Ratings lowered shares of Clearwater Analytics from a "hold (c)" rating to a "sell (d+)" rating in a research note on Monday, February 23rd. Royal Bank Of Canada restated a "sector perform" rating and issued a $24.55 target price (down from $36.00) on shares of Clearwater Analytics in a research report on Wednesday, February 25th. William Blair reiterated a "market perform" rating on shares of Clearwater Analytics in a research report on Monday, December 22nd. Finally, Wells Fargo & Company lowered Clearwater Analytics from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $27.00 to $24.55 in a report on Thursday, January 8th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $26.17.
Check Out Our Latest Report on Clearwater Analytics
Hedge Funds Weigh In On Clearwater Analytics
Several large investors have recently bought and sold shares of the stock. AQR Capital Management LLC raised its position in shares of Clearwater Analytics by 1,027.1% during the 1st quarter. AQR Capital Management LLC now owns 132,828 shares of the company's stock worth $3,560,000 after buying an additional 121,043 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Clearwater Analytics during the first quarter valued at approximately $208,000. Woodline Partners LP raised its holdings in Clearwater Analytics by 75.2% during the first quarter. Woodline Partners LP now owns 20,066 shares of the company's stock worth $538,000 after purchasing an additional 8,613 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Clearwater Analytics by 1.5% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 459,292 shares of the company's stock worth $12,309,000 after purchasing an additional 6,826 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in Clearwater Analytics by 201.4% in the second quarter. Cetera Investment Advisers now owns 46,484 shares of the company's stock worth $1,019,000 after purchasing an additional 31,061 shares during the period. Institutional investors and hedge funds own 50.10% of the company's stock.
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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