50,000 Shares in Clearwater Analytics Holdings, Inc. $CWAN Acquired by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) during the 4th quarter, HoldingsChannel reports. The fund bought 50,000 shares of the company’s stock, valued at approximately $1,206,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Norges Bank bought a new position in shares of Clearwater Analytics in the fourth quarter worth $184,271,000. Geode Capital Management LLC raised its stake in shares of Clearwater Analytics by 6.5% during the fourth quarter. Geode Capital Management LLC now owns 6,590,192 shares of the company’s stock valued at $158,984,000 after purchasing an additional 399,581 shares in the last quarter. Arnhold LLC acquired a new stake in Clearwater Analytics in the fourth quarter worth about $8,358,000. Legal & General Group Plc grew its position in Clearwater Analytics by 11.9% in the 4th quarter. Legal & General Group Plc now owns 332,979 shares of the company’s stock valued at $8,031,000 after buying an additional 35,520 shares in the last quarter. Finally, Swedbank AB bought a new position in Clearwater Analytics in the 4th quarter valued at about $14,472,000. Institutional investors own 50.10% of the company’s stock.

Clearwater Analytics Trading Down 0.1%

Shares of CWAN stock opened at $24.36 on Tuesday. The stock has a 50-day simple moving average of $24.17 and a 200 day simple moving average of $23.54. The stock has a market capitalization of $7.27 billion, a P/E ratio of -135.30, a P/E/G ratio of 3.35 and a beta of 0.60. Clearwater Analytics Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $25.07. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.39.

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

Wall Street Analyst Weigh In

Several research firms have commented on CWAN. Weiss Ratings reissued a “sell (d+)” rating on shares of Clearwater Analytics in a research note on Friday, May 22nd. 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. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a $24.55 price objective (down from $36.00) on shares of Clearwater Analytics in a research note on Wednesday, February 25th. Three equities 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 company. Based on data from MarketBeat, Clearwater Analytics presently has an average rating of “Hold” and a consensus target price of $26.17.

Insider Buying and Selling

In related news, CFO James S. Cox sold 21,631 shares of the firm’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 transaction of $514,817.80. Following the completion of the sale, the chief financial officer directly owned 485,419 shares in the company, valued at approximately $11,552,972.20. This trade represents a 4.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Subi Sethi sold 19,858 shares of Clearwater Analytics stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total transaction of $472,620.40. Following the completion of the transaction, the insider owned 388,256 shares in the company, valued at approximately $9,240,492.80. This trade represents a 4.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 184,332 shares of company stock worth $4,390,862. 3.31% of the stock is owned by insiders.

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.