Key Points
- James Cox sold 18,700 shares of Clearwater Analytics at an average price of $24.07 on April 15 for about $450,109 to cover tax withholding on vested equity; he still holds 480,419 shares (a 3.75% reduction).
- Shares trade around $24 with a 52‑week range of $15.73–$25.07 and a market cap of $7.12 billion, but the company posts a negative P/E (-172.17); Wall Street's consensus rating is a Hold with a $26.17 price target.
- Institutional investors own 50.10% of the stock, and some funds are increasing exposure — notably AQR boosted its stake by 1,027.1% to 132,828 shares in the first quarter.
Clearwater Analytics Holdings, Inc. (NYSE:CWAN - Get Free Report) CFO James Cox sold 18,700 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $24.07, for a total transaction of $450,109.00. Following the completion of the transaction, the chief financial officer owned 480,419 shares of the company's stock, valued at approximately $11,563,685.33. This represents a 3.75% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Clearwater Analytics Price Performance
NYSE:CWAN opened at $24.11 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 1.83. The company has a 50-day moving average of $23.53 and a 200-day moving average of $21.99. Clearwater Analytics Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $25.07. The company has a market capitalization of $7.12 billion, a price-to-earnings ratio of -172.17, a PEG ratio of 3.34 and a beta of 0.64.
Wall Street Analysts Forecast Growth
CWAN has been the topic of a number of recent research reports. Warburg Research set a $24.55 price objective on Clearwater Analytics in a report on Monday, December 22nd. Weiss Ratings downgraded Clearwater Analytics from a "hold (c)" rating to a "sell (d+)" rating in a research report on Monday, February 23rd. DA Davidson reaffirmed a "neutral" rating and issued a $24.55 price target on shares of Clearwater Analytics in a research note on Thursday, February 19th. William Blair reiterated a "market perform" rating on shares of Clearwater Analytics in a research report on Monday, December 22nd. Finally, Loop Capital lowered Clearwater Analytics from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $25.00 to $24.55 in a research note on Monday, December 22nd. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $26.17.
Read Our Latest Analysis on Clearwater Analytics
Institutional Trading of Clearwater Analytics
Several hedge funds have recently modified their holdings of the company. AQR Capital Management LLC boosted its holdings in shares of Clearwater Analytics by 1,027.1% in the 1st quarter. AQR Capital Management LLC now owns 132,828 shares of the company's stock worth $3,560,000 after acquiring an additional 121,043 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Clearwater Analytics during the 1st quarter valued at $208,000. Woodline Partners LP raised its position in Clearwater Analytics by 75.2% in the 1st quarter. Woodline Partners LP now owns 20,066 shares of the company's stock valued at $538,000 after purchasing an additional 8,613 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Clearwater Analytics by 1.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 459,292 shares of the company's stock valued at $12,309,000 after purchasing an additional 6,826 shares during the last quarter. Finally, M&T Bank Corp boosted its stake in Clearwater Analytics by 51.8% in the second quarter. M&T Bank Corp now owns 13,164 shares of the company's stock worth $289,000 after purchasing an additional 4,492 shares in the last quarter. Institutional investors and hedge funds own 50.10% of the company's stock.
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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