Alberta Investment Management Corp Invests $13.85 Million in Clearwater Analytics Holdings, Inc. $CWAN

Alberta Investment Management Corp acquired a new position in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 574,200 shares of the company’s stock, valued at approximately $13,850,000. Alberta Investment Management Corp owned 0.20% of Clearwater Analytics at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Clearwater Analytics in the fourth quarter worth $496,000. Mariner LLC increased its stake in shares of Clearwater Analytics by 121.9% in the fourth quarter. Mariner LLC now owns 26,409 shares of the company’s stock worth $637,000 after acquiring an additional 14,508 shares during the period. Maven Securities LTD acquired a new stake in Clearwater Analytics during the fourth quarter valued at $9,045,000. Fifth Lane Capital LP acquired a new stake in Clearwater Analytics during the fourth quarter valued at $1,327,000. Finally, Brown Advisory Inc. grew its position in Clearwater Analytics by 8.0% during the fourth quarter. Brown Advisory Inc. now owns 2,581,022 shares of the company’s stock valued at $62,254,000 after buying an additional 190,982 shares during the period. Institutional investors and hedge funds own 50.10% of the company’s stock.

Clearwater Analytics Stock Down 0.3%

CWAN stock opened at $24.27 on Tuesday. The firm has a market cap of $7.24 billion, a PE ratio of -134.80, a P/E/G ratio of 3.34 and a beta of 0.60. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.26 and a current ratio of 2.26. The firm’s fifty day moving average is $24.24 and its 200 day moving average is $23.64. Clearwater Analytics Holdings, Inc. has a one year low of $15.73 and a one year high of $24.43.

Clearwater Analytics (NYSE:CWAN) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.16 EPS for the quarter, meeting the consensus estimate of $0.16. The company had revenue of $221.23 million for the quarter, compared to analyst estimates of $214.09 million. Clearwater Analytics had a negative net margin of 5.88% and a positive return on equity of 3.17%. The firm’s revenue was up 74.4% on a year-over-year basis. During the same quarter last year, the business earned $0.13 earnings per share. On average, research analysts forecast that Clearwater Analytics Holdings, Inc. will post 0.36 EPS for the current year.

Analyst Ratings Changes

Several analysts recently commented on CWAN shares. Weiss Ratings restated a “sell (d+)” rating on shares of Clearwater Analytics in a research report on Friday, May 22nd. DA Davidson restated a “neutral” rating and set a $24.55 price target on shares of Clearwater Analytics in a research report on Wednesday, May 20th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $24.55 price target (down from $36.00) on shares of Clearwater Analytics in a research report on Wednesday, February 25th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $25.19.

Insider Buying and Selling at Clearwater Analytics

In other Clearwater Analytics news, CFO James S. Cox sold 21,631 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 transaction of $514,817.80. Following the transaction, the chief financial officer directly owned 485,419 shares of the company’s stock, valued at $11,552,972.20. This trade represents a 4.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sandeep Sahai sold 51,967 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 transaction of $1,236,814.60. Following the transaction, the chief executive officer directly owned 1,415,619 shares in the company, valued at approximately $33,691,732.20. The trade was a 3.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 175,632 shares of company stock valued at $4,198,091. Insiders own 3.31% of the company’s stock.

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.