Clearwater Analytics Holdings, Inc. $CWAN Shares Sold by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership cut its stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 72.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 483,792 shares of the company’s stock after selling 1,287,671 shares during the period. Artisan Partners Limited Partnership owned approximately 0.17% of Clearwater Analytics worth $8,718,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Intech Investment Management LLC lifted its position in Clearwater Analytics by 46.4% in the second quarter. Intech Investment Management LLC now owns 157,281 shares of the company’s stock worth $3,449,000 after purchasing an additional 49,845 shares during the period. Future Fund LLC acquired a new stake in shares of Clearwater Analytics in the second quarter valued at $732,000. Hillsdale Investment Management Inc. lifted its holdings in shares of Clearwater Analytics by 28.0% in the second quarter. Hillsdale Investment Management Inc. now owns 190,950 shares of the company’s stock valued at $4,188,000 after buying an additional 41,800 shares during the period. Segall Bryant & Hamill LLC boosted its stake in Clearwater Analytics by 20.4% during the second quarter. Segall Bryant & Hamill LLC now owns 384,634 shares of the company’s stock valued at $8,435,000 after buying an additional 65,141 shares in the last quarter. Finally, Swiss National Bank grew its holdings in Clearwater Analytics by 8.2% during the second quarter. Swiss National Bank now owns 447,996 shares of the company’s stock worth $9,825,000 after acquiring an additional 33,896 shares during the period. Institutional investors and hedge funds own 50.10% of the company’s stock.

Insider Buying and Selling

In other Clearwater Analytics news, CRO Scott Stanley Erickson sold 74,530 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $23.44, for a total value of $1,746,983.20. Following the transaction, the executive owned 138,630 shares in the company, valued at $3,249,487.20. The trade was a 34.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Souvik Das sold 88,848 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $23.44, for a total value of $2,082,597.12. Following the sale, the chief technology officer directly owned 207,132 shares of the company’s stock, valued at $4,855,174.08. This trade represents a 30.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,002,699 shares of company stock worth $23,692,518. Insiders own 3.31% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CWAN. Loop Capital lowered shares of Clearwater Analytics from a “buy” rating to a “hold” rating and reduced their price objective for the company from $25.00 to $24.55 in a research report on Monday, December 22nd. DA Davidson reiterated a “neutral” rating and set a $24.55 price objective on shares of Clearwater Analytics in a research report on Thursday, February 19th. Oppenheimer cut Clearwater Analytics from an “outperform” rating to a “market perform” rating in a report on Monday, December 22nd. Wells Fargo & Company downgraded Clearwater Analytics from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $27.00 to $24.55 in a report on Thursday, January 8th. Finally, UBS Group cut Clearwater Analytics from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $30.00 to $24.55 in a research note on Monday, January 26th. 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’s stock. According to data from MarketBeat.com, Clearwater Analytics currently has a consensus rating of “Hold” and a consensus price target of $26.17.

Clearwater Analytics Price Performance

Shares of CWAN opened at $23.41 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.83 and a quick ratio of 1.83. The company has a market capitalization of $6.92 billion, a price-to-earnings ratio of -167.19, a P/E/G ratio of 3.25 and a beta of 0.66. The business’s 50-day moving average is $23.87 and its 200-day moving average is $21.07. Clearwater Analytics Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $31.49.

Clearwater Analytics 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.