Clearwater Analytics (NYSE:CWAN) CEO Sandeep Sahai Sells 51,967 Shares

Clearwater Analytics Holdings, Inc. (NYSE:CWANGet Free Report) CEO Sandeep Sahai sold 51,967 shares of the business’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $23.80, for a total value of $1,236,814.60. Following the transaction, the chief executive officer owned 1,415,619 shares of the company’s stock, valued at $33,691,732.20. This trade represents a 3.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Sandeep Sahai also recently made the following trade(s):

  • On Wednesday, February 18th, Sandeep Sahai sold 233,813 shares of Clearwater Analytics stock. The stock was sold at an average price of $23.44, for a total value of $5,480,576.72.

Clearwater Analytics Trading Up 0.0%

Shares of NYSE CWAN traded up $0.01 during midday trading on Thursday, hitting $23.80. The company’s stock had a trading volume of 3,977,279 shares, compared to its average volume of 10,208,298. Clearwater Analytics Holdings, Inc. has a 12-month low of $15.73 and a 12-month high of $26.94. 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 firm has a market cap of $7.03 billion, a P/E ratio of -169.95, a price-to-earnings-growth ratio of 3.28 and a beta of 0.64. The business’s 50 day moving average is $23.54 and its two-hundred day moving average is $21.61.

Institutional Investors Weigh In On Clearwater Analytics

A number of institutional investors have recently added to or reduced their stakes in CWAN. Starboard Value LP bought a new position in Clearwater Analytics in the fourth quarter worth about $240,212,000. Wellington Management Group LLP boosted its holdings in shares of Clearwater Analytics by 108.7% in the 3rd quarter. Wellington Management Group LLP now owns 17,793,701 shares of the company’s stock valued at $320,642,000 after buying an additional 9,268,950 shares in the last quarter. Norges Bank purchased a new position in shares of Clearwater Analytics in the 4th quarter worth approximately $184,271,000. Vanguard Group Inc. raised its stake in shares of Clearwater Analytics by 21.9% during the 3rd quarter. Vanguard Group Inc. now owns 33,261,349 shares of the company’s stock worth $599,370,000 after acquiring an additional 5,967,798 shares in the last quarter. Finally, Hood River Capital Management LLC bought a new position in shares of Clearwater Analytics during the 2nd quarter worth approximately $99,105,000. Institutional investors own 50.10% of the company’s stock.

Clearwater Analytics News Summary

Here are the key news stories impacting Clearwater Analytics this week:

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on CWAN. Royal Bank Of Canada reiterated a “sector perform” rating and set a $24.55 target price (down from $36.00) on shares of Clearwater Analytics in a research report on Wednesday, February 25th. UBS Group cut shares of Clearwater Analytics from a “buy” rating to a “neutral” rating and cut their price target for the stock from $30.00 to $24.55 in a report on Monday, January 26th. William Blair reaffirmed a “market perform” rating on shares of Clearwater Analytics in a research note on Monday, December 22nd. Weiss Ratings lowered shares of Clearwater Analytics from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, February 23rd. Finally, Warburg Research set a $24.55 price objective on shares of Clearwater Analytics in a research report on Monday, December 22nd. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Clearwater Analytics presently has a consensus rating of “Hold” and an average target price of $26.17.

View Our Latest Stock Analysis on CWAN

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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Insider Buying and Selling by Quarter for Clearwater Analytics (NYSE:CWAN)

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