Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Receives Consensus Rating of “Hold” from Analysts

Shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) have been assigned a consensus rating of “Hold” from the fourteen ratings firms that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $26.1682.

Several equities analysts recently issued reports on the stock. Loop Capital cut shares of Clearwater Analytics from a “buy” rating to a “hold” rating and decreased their target price for the company from $25.00 to $24.55 in a research note on Monday, December 22nd. Jefferies Financial Group lowered shares of Clearwater Analytics to a “hold” rating in a research report on Friday, January 16th. DA Davidson reaffirmed a “neutral” rating and issued a $24.55 price objective on shares of Clearwater Analytics in a report on Thursday, February 19th. William Blair reiterated a “market perform” rating on shares of Clearwater Analytics in a research report on Monday, December 22nd. Finally, Weiss Ratings lowered shares of Clearwater Analytics from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, February 23rd.

Insider Buying and Selling

In other Clearwater Analytics news, CEO Sandeep Sahai sold 233,813 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $23.44, for a total transaction of $5,480,576.72. Following the transaction, the chief executive officer owned 1,357,138 shares in the company, valued at approximately $31,811,314.72. This represents a 14.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Subi Sethi sold 76,689 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $23.44, for a total value of $1,797,590.16. Following the completion of the sale, the insider directly owned 365,490 shares in the company, valued at approximately $8,567,085.60. The trade was a 17.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 963,375 shares of company stock worth $22,794,919 in the last ninety days. 3.31% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Clearwater Analytics

A number of institutional investors have recently added to or reduced their stakes in CWAN. EverSource Wealth Advisors LLC increased its holdings in Clearwater Analytics by 211.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock worth $26,000 after acquiring an additional 720 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in Clearwater Analytics during the fourth quarter valued at $26,000. Versant Capital Management Inc grew its position in shares of Clearwater Analytics by 189.3% in the third quarter. Versant Capital Management Inc now owns 1,565 shares of the company’s stock valued at $28,000 after purchasing an additional 1,024 shares during the period. Essex Investment Management Co. LLC grew its position in shares of Clearwater Analytics by 54.9% in the third quarter. Essex Investment Management Co. LLC now owns 1,806 shares of the company’s stock valued at $33,000 after purchasing an additional 640 shares during the period. Finally, SBI Securities Co. Ltd. increased its stake in shares of Clearwater Analytics by 627.5% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,375 shares of the company’s stock worth $33,000 after purchasing an additional 1,186 shares in the last quarter. Institutional investors and hedge funds own 50.10% of the company’s stock.

Clearwater Analytics Trading Up 0.4%

Clearwater Analytics stock opened at $23.66 on Wednesday. The firm has a market cap of $6.99 billion, a PE ratio of -168.95, a P/E/G ratio of 3.27 and a beta of 0.67. Clearwater Analytics has a 12 month low of $15.73 and a 12 month high of $27.09. The stock’s 50 day simple moving average is $23.55 and its two-hundred day simple moving average is $21.59. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.40.

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.