Blair William & Co. IL Reduces Holdings in Clearwater Analytics Holdings, Inc. $CWAN

Blair William & Co. IL decreased its position in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 52.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,372,960 shares of the company’s stock after selling 3,761,687 shares during the period. Blair William & Co. IL’s holdings in Clearwater Analytics were worth $81,356,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in CWAN. AQR Capital Management LLC lifted its holdings in Clearwater Analytics by 1,027.1% in the first quarter. AQR Capital Management LLC now owns 132,828 shares of the company’s stock valued at $3,560,000 after acquiring an additional 121,043 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in Clearwater Analytics in the first quarter valued at approximately $208,000. Woodline Partners LP lifted its holdings in Clearwater Analytics by 75.2% in the first quarter. Woodline Partners LP now owns 20,066 shares of the company’s stock valued at $538,000 after acquiring an additional 8,613 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Clearwater Analytics by 1.5% in 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 valued at $12,309,000 after acquiring an additional 6,826 shares during the last quarter. Finally, M&T Bank Corp lifted its holdings in Clearwater Analytics by 51.8% in the second quarter. M&T Bank Corp now owns 13,164 shares of the company’s stock valued at $289,000 after acquiring an additional 4,492 shares during the last quarter. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Clearwater Analytics Stock Down 0.1%

NYSE:CWAN opened at $24.25 on Wednesday. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.39. The stock’s fifty day moving average is $24.25 and its two-hundred day moving average is $23.66. Clearwater Analytics Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $24.43. The stock has a market capitalization of $7.24 billion, a price-to-earnings ratio of -134.69, a price-to-earnings-growth ratio of 3.33 and a beta of 0.60.

Clearwater Analytics (NYSE:CWAN) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.16 EPS for the quarter, hitting analysts’ consensus estimates of $0.16. Clearwater Analytics had a positive return on equity of 3.17% and a negative net margin of 5.88%.The company had revenue of $221.23 million for the quarter, compared to analysts’ expectations of $214.09 million. During the same period in the prior year, the firm earned $0.13 earnings per share. The firm’s revenue was up 74.4% compared to the same quarter last year. Research analysts anticipate that Clearwater Analytics Holdings, Inc. will post 0.36 EPS for the current year.

Insider Activity at Clearwater Analytics

In other Clearwater Analytics news, CFO James S. Cox sold 21,631 shares of the company’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total transaction of $514,817.80. Following the transaction, the chief financial officer directly owned 485,419 shares in the company, valued at $11,552,972.20. This represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Subi Sethi sold 19,858 shares of the company’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total value of $472,620.40. Following the transaction, the insider owned 388,256 shares in the company, valued at $9,240,492.80. This trade represents a 4.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 175,632 shares of company stock valued at $4,198,091 over the last ninety days. 3.31% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms recently commented on CWAN. Weiss Ratings reiterated a “sell (d+)” rating on shares of Clearwater Analytics in a report on Friday, May 22nd. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $24.55 price objective (down from $36.00) on shares of Clearwater Analytics in a report on Wednesday, February 25th. Finally, DA Davidson reiterated a “neutral” rating and issued a $24.55 price objective on shares of Clearwater Analytics in a report on Wednesday, May 20th. Three research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Clearwater Analytics currently has an average rating of “Hold” and an average price target of $25.19.

Clearwater Analytics Company Profile

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.