Clearwater Analytics (NYSE:CWAN) CRO Scott Stanley Erickson Sells 18,790 Shares of Stock

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) CRO Scott Stanley Erickson sold 18,790 shares of the stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $23.80, for a total value of $447,202.00. Following the sale, the executive owned 155,119 shares of the company’s stock, valued at $3,691,832.20. This trade represents a 10.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Scott Stanley Erickson also recently made the following trade(s):

• On Wednesday, February 18th, Scott Stanley Erickson sold 74,530 shares of Clearwater Analytics stock. The stock was sold at an average price of $23.44, for a total value of $1,746,983.20.

Clearwater Analytics Stock Up 0.0%

Shares of Clearwater Analytics stock opened at $23.80 on Friday. Clearwater Analytics Holdings, Inc. has a 12-month low of $15.73 and a 12-month high of $26.94. The firm has a market capitalization of $7.03 billion, a PE ratio of -169.95, a price-to-earnings-growth ratio of 3.30 and a beta of 0.64. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.40. The stock’s fifty day moving average is $23.53 and its 200-day moving average is $21.62.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CWAN shares. Morgan Stanley reissued an “equal weight” rating and issued a $24.55 price target (down from $27.00) on shares of Clearwater Analytics in a research report on Tuesday, January 27th. Wells Fargo & Company cut Clearwater Analytics from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $27.00 to $24.55 in a research report on Thursday, January 8th. William Blair reaffirmed a “market perform” rating on shares of Clearwater Analytics in a research report on Monday, December 22nd. Oppenheimer lowered shares of Clearwater Analytics from an “outperform” rating to a “market perform” rating in a research report on Monday, December 22nd. Finally, DA Davidson restated a “neutral” rating and set a $24.55 price target on shares of Clearwater Analytics in a research note on Thursday, February 19th. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $26.17.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. AQR Capital Management LLC boosted its stake in Clearwater Analytics by 1,027.1% in the first quarter. AQR Capital Management LLC now owns 132,828 shares of the company’s stock worth $3,560,000 after purchasing an additional 121,043 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Clearwater Analytics during the first quarter worth approximately $208,000. Woodline Partners LP raised its position in shares of Clearwater Analytics by 75.2% during the 1st quarter. Woodline Partners LP now owns 20,066 shares of the company’s stock valued at $538,000 after acquiring an additional 8,613 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Clearwater Analytics by 1.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 459,292 shares of the company’s stock valued at $12,309,000 after buying an additional 6,826 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of Clearwater Analytics by 201.4% in the 2nd quarter. Cetera Investment Advisers now owns 46,484 shares of the company’s stock valued at $1,019,000 after acquiring an additional 31,061 shares during the period. 50.10% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Clearwater Analytics

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

• Neutral Sentiment: Analysts maintain a consensus “Hold” rating on CWAN, which signals limited near-term analyst-driven upside. Analyst Coverage
• Neutral Sentiment: Despite the recent sales, senior executives still retain large stakes (for example, CEO Sandeep Sahai remains a >1.4M-share holder), which can partially mitigate market concern that insiders are exiting completely. CEO SEC Filing
• Negative Sentiment: Multiple senior executives sold shares the same day (Mar. 31): CEO Sandeep Sahai (51,967), Subi Sethi (19,858), CTO Souvik Das (14,686), CFO James S. Cox (21,631) and CRO Scott Erickson (18,790) — about 126,932 shares total, roughly $3.0M at the reported ~$23.80 average price. Clustered insider selling by top officers often weighs on sentiment because it can be read as insiders taking money off the table. Insider Sale Filings
• Negative Sentiment: Unusually heavy put-option buying was reported (17,402 puts, a ~71% increase vs. typical daily put volume), indicating some traders are positioning for downside or hedging existing long exposure. Elevated put activity can add short-term selling pressure and increase volatility.
• Negative Sentiment: Scott+Scott (plaintiffs’ firm) launched an investigation into whether Clearwater’s directors breached fiduciary duties related to the proposed buyout by Warburg Pincus and Permira. Legal scrutiny of the sale process can delay the transaction, create uncertainty around deal terms/timing, and add potential liability — all negative catalysts for the stock. Investor Alert

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.