Insider Selling: Clearwater Analytics (NYSE:CWAN) CTO Sells $2,082,597.12 in Stock

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) CTO Souvik Das sold 88,848 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.44, for a total value of $2,082,597.12. Following the completion of the transaction, the chief technology officer directly owned 207,132 shares in the company, valued at $4,855,174.08. This trade represents a 30.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Souvik Das also recently made the following trade(s):

• On Monday, February 9th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The shares were sold at an average price of $23.89, for a total transaction of $238,900.00.
• On Thursday, January 8th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The stock was sold at an average price of $24.08, for a total transaction of $240,800.00.
• On Wednesday, December 31st, Souvik Das sold 5,273 shares of Clearwater Analytics stock. The shares were sold at an average price of $24.08, for a total transaction of $126,973.84.
• On Thursday, January 1st, Souvik Das sold 41,594 shares of Clearwater Analytics stock. The stock was sold at an average price of $24.09, for a total transaction of $1,001,999.46.
• On Monday, December 8th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The stock was sold at an average price of $21.59, for a total transaction of $215,900.00.

Clearwater Analytics Stock Performance

Clearwater Analytics stock opened at $23.30 on Monday. 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 market capitalization of $6.82 billion, a PE ratio of -166.39, a P/E/G ratio of 3.24 and a beta of 0.66. The company has a 50 day moving average price of $23.71 and a 200-day moving average price of $20.93. Clearwater Analytics Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $31.90.

Analyst Ratings Changes

Several equities analysts have recently commented on CWAN shares. Wells Fargo & Company lowered Clearwater Analytics from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $27.00 to $24.55 in a research note on Thursday, January 8th. Loop Capital downgraded shares of Clearwater Analytics from a “buy” rating to a “hold” rating and cut their target price for the company from $25.00 to $24.55 in a research report on Monday, December 22nd. Jefferies Financial Group lowered shares of Clearwater Analytics to a “hold” rating in a report on Friday, January 16th. JPMorgan Chase & Co. lowered their price target on shares of Clearwater Analytics from $28.00 to $26.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $36.00 price objective on shares of Clearwater Analytics in a report on Monday, December 22nd. Four research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $27.21.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Essex Investment Management Co. LLC raised its stake in Clearwater Analytics by 27.2% in the fourth quarter. Essex Investment Management Co. LLC now owns 2,298 shares of the company’s stock valued at $55,000 after buying an additional 492 shares during the last quarter. Mackenzie Financial Corp increased its holdings in shares of Clearwater Analytics by 3.7% during the fourth quarter. Mackenzie Financial Corp now owns 15,466 shares of the company’s stock valued at $372,000 after acquiring an additional 545 shares in the last quarter. Cim LLC raised its position in shares of Clearwater Analytics by 0.8% in the 3rd quarter. Cim LLC now owns 66,184 shares of the company’s stock valued at $1,193,000 after purchasing an additional 557 shares during the last quarter. Hilltop National Bank raised its position in shares of Clearwater Analytics by 12.6% in the 3rd quarter. Hilltop National Bank now owns 5,533 shares of the company’s stock valued at $100,000 after purchasing an additional 619 shares during the last quarter. Finally, Bessemer Group Inc. boosted its stake in Clearwater Analytics by 84.6% in the 2nd quarter. Bessemer Group Inc. now owns 1,545 shares of the company’s stock worth $35,000 after purchasing an additional 708 shares in the last quarter. 50.10% of the stock is owned by institutional investors and hedge funds.

More Clearwater Analytics News

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

• Positive Sentiment: Significant institutional backing remains — large managers (Vanguard, Wellington, T. Rowe, plus a new Starboard stake) have recently increased or established positions, which supports longer‑term demand for the stock. MarketBeat CWAN overview
• Neutral Sentiment: DA Davidson reaffirmed a “neutral” rating with a $24.55 price target (only modest upside from current levels), signaling analyst views are cautious/steady rather than bullish. DA Davidson note via TickerReport
• Neutral Sentiment: Coverage of Q4 results and key metrics is mixed — earnings writeups (Zacks, SeattlePI, Yahoo valuation pieces) highlight some operational momentum but leave room for interpretation vs. estimates, so the report did not clearly swing sentiment. Zacks Q4 earnings coverage
• Negative Sentiment: Large insider sales by top executives on Feb. 17–18: CEO Sandeep Sahai, CTO Souvik Das, CFO James Cox, CRO Scott Erickson and another insider each sold substantial blocks (~tens to hundreds of thousands of shares), trimming ownership by double‑digit percentages — this volume can pressure near‑term sentiment even if sales are preplanned. SEC filing (example CEO sale)
• Negative Sentiment: Kaskela Law announced an investigation into whether the recently proposed shareholder buyout price is fair, which raises legal/transactional risk and could complicate or reprice the deal for investors. Litigation or a negotiated raise in price would be material. GlobeNewswire: Kaskela investigation

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.