Traders Purchase Large Volume of Clearwater Analytics Call Options (NYSE:CWAN)

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) was the recipient of unusually large options trading activity on Wednesday. Traders acquired 40,807 call options on the stock. This is an increase of 328% compared to the average volume of 9,528 call options.

Analyst Ratings Changes

Several brokerages have issued reports on CWAN. Loop Capital cut Clearwater Analytics from a “buy” rating to a “hold” rating and dropped their target price for the company from $25.00 to $24.55 in a report on Monday, December 22nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $36.00 price objective on shares of Clearwater Analytics in a report on Monday, December 22nd. Morgan Stanley reaffirmed an “equal weight” rating and set a $24.55 target price (down from $27.00) on shares of Clearwater Analytics in a research note on Tuesday, January 27th. UBS Group lowered shares of Clearwater Analytics from a “buy” rating to a “neutral” rating and decreased their target price for the company from $30.00 to $24.55 in a report on Monday, January 26th. Finally, Wall Street Zen cut shares of Clearwater Analytics from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Four equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $27.21.

Insider Activity

In other Clearwater Analytics news, insider Subi Sethi sold 25,646 shares of the firm’s stock in a transaction that occurred on Thursday, January 1st. The shares were sold at an average price of $24.09, for a total value of $617,812.14. Following the transaction, the insider directly owned 277,189 shares of the company’s stock, valued at $6,677,483.01. This trade represents a 8.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sandeep Sahai sold 134,130 shares of the company’s stock in a transaction that occurred on Thursday, January 1st. The shares were sold at an average price of $24.09, for a total value of $3,231,191.70. Following the completion of the sale, the chief executive officer owned 1,092,923 shares of the company’s stock, valued at $26,328,515.07. This trade represents a 10.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 457,164 shares of company stock valued at $10,829,668 in the last ninety days. 3.31% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Clearwater Analytics

A number of institutional investors have recently modified their holdings of CWAN. Cim LLC boosted its holdings in Clearwater Analytics by 0.8% during the 3rd quarter. Cim LLC now owns 66,184 shares of the company’s stock valued at $1,193,000 after acquiring an additional 557 shares during the period. Hilltop National Bank lifted its position in shares of Clearwater Analytics by 12.6% during the third quarter. Hilltop National Bank now owns 5,533 shares of the company’s stock worth $100,000 after purchasing an additional 619 shares in the last quarter. Essex Investment Management Co. LLC lifted its position in shares of Clearwater Analytics by 54.9% during the third quarter. Essex Investment Management Co. LLC now owns 1,806 shares of the company’s stock worth $33,000 after purchasing an additional 640 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of Clearwater Analytics by 84.6% in the second quarter. Bessemer Group Inc. now owns 1,545 shares of the company’s stock valued at $35,000 after purchasing an additional 708 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Clearwater Analytics by 211.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock valued at $26,000 after purchasing an additional 720 shares in the last quarter. 50.10% of the stock is owned by institutional investors and hedge funds.

Clearwater Analytics Stock Performance

Shares of CWAN stock opened at $23.47 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.97 and a current ratio of 1.97. The firm has a market cap of $6.87 billion, a P/E ratio of 15.34, a P/E/G ratio of 3.41 and a beta of 0.66. The firm’s 50 day moving average price is $23.52 and its 200-day moving average price is $20.82. Clearwater Analytics has a one year low of $15.73 and a one year high of $32.00.

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.