Clearwater Analytics (NYSE:CWAN) CTO Souvik Das Sells 14,686 Shares

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) CTO Souvik Das sold 14,686 shares of the stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $23.80, for a total transaction of $349,526.80. Following the completion of the transaction, the chief technology officer owned 210,109 shares in the company, valued at $5,000,594.20. This represents a 6.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, March 9th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The shares were sold at an average price of $23.37, for a total transaction of $233,700.00.
• On Wednesday, February 18th, Souvik Das sold 88,848 shares of Clearwater Analytics stock. The stock was sold at an average price of $23.44, for a total value of $2,082,597.12.
• 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 value of $238,900.00.
• On Thursday, January 8th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The shares were sold at an average price of $24.08, for a total transaction of $240,800.00.

Clearwater Analytics Price Performance

Shares of NYSE:CWAN opened at $23.80 on Friday. Clearwater Analytics Holdings, Inc. has a one year low of $15.73 and a one year high of $26.94. The company has a 50-day simple moving average of $23.53 and a 200-day simple moving average of $21.62. 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 stock has a market capitalization of $7.03 billion, a price-to-earnings ratio of -169.95, a PEG ratio of 3.30 and a beta of 0.64.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. 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. UBS Group downgraded shares of Clearwater Analytics from a “buy” rating to a “neutral” rating and dropped their target price for the company from $30.00 to $24.55 in a report on Monday, January 26th. 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 report on Tuesday, January 27th. Wells Fargo & Company downgraded shares of Clearwater Analytics from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $27.00 to $24.55 in a research note on Thursday, January 8th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $24.55 price target (down from $36.00) on shares of Clearwater Analytics in a research note on Wednesday, February 25th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $26.17.

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

Institutional Trading of Clearwater Analytics

A number of hedge funds have recently made changes to their positions in CWAN. EverSource Wealth Advisors LLC increased its stake in Clearwater Analytics by 211.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock worth $26,000 after buying an additional 720 shares during the period. Los Angeles Capital Management LLC acquired a new position in Clearwater Analytics in the fourth quarter worth about $26,000. SBI Securities Co. Ltd. increased its holdings in Clearwater Analytics by 627.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,375 shares of the company’s stock valued at $33,000 after buying an additional 1,186 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Clearwater Analytics during the fourth quarter valued at approximately $33,000. Finally, Private Trust Co. NA lifted its holdings in Clearwater Analytics by 643.3% during the 4th quarter. Private Trust Co. NA now owns 1,546 shares of the company’s stock worth $37,000 after buying an additional 1,338 shares during the last quarter. Hedge funds and other institutional investors own 50.10% of the company’s stock.

About Clearwater Analytics

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.