Ashford Capital Management Inc. Reduces Holdings in Clearwater Analytics Holdings, Inc. $CWAN

Ashford Capital Management Inc. reduced its holdings in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 34.2% during the 4th quarter, HoldingsChannel reports. The firm owned 511,779 shares of the company’s stock after selling 265,940 shares during the period. Clearwater Analytics accounts for approximately 1.4% of Ashford Capital Management Inc.’s investment portfolio, making the stock its 28th biggest holding. Ashford Capital Management Inc.’s holdings in Clearwater Analytics were worth $12,344,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position 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 purchasing an additional 720 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in Clearwater Analytics during the 4th quarter worth $26,000. SBI Securities Co. Ltd. grew its position in Clearwater Analytics by 627.5% during the 4th 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 during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Clearwater Analytics during the 4th quarter worth $33,000. Finally, Private Trust Co. NA grew its position 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 purchasing an additional 1,338 shares during the last quarter. 50.10% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Clearwater Analytics Stock Performance

NYSE:CWAN opened at $24.25 on Wednesday. The firm has a 50 day simple moving average of $24.25 and a 200-day simple moving average of $23.66. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.26 and a quick ratio of 2.26. The firm has a market cap of $7.24 billion, a PE ratio of -134.69, a P/E/G ratio of 3.33 and a beta of 0.60. Clearwater Analytics Holdings, Inc. has a 1-year low of $15.73 and a 1-year high of $24.43.

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

Insider Buying and Selling at Clearwater Analytics

In related news, CEO Sandeep Sahai sold 51,967 shares of the company’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $23.80, for a total value of $1,236,814.60. Following the sale, the chief executive officer directly owned 1,415,619 shares of the company’s stock, valued at $33,691,732.20. This represents a 3.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Subi Sethi sold 19,858 shares of the company’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $23.80, for a total value of $472,620.40. Following the transaction, the insider directly owned 388,256 shares of the company’s stock, valued at $9,240,492.80. This trade represents a 4.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 175,632 shares of company stock valued at $4,198,091. 3.31% of the stock is owned by company insiders.

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.