Clearwater Analytics Holdings, Inc. $CWAN Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 44.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,372 shares of the company’s stock after selling 37,347 shares during the quarter. SG Americas Securities LLC’s holdings in Clearwater Analytics were worth $1,120,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Starboard Value LP acquired a new position in shares of Clearwater Analytics during the fourth quarter valued at approximately $240,212,000. Wellington Management Group LLP boosted its stake in shares of Clearwater Analytics by 108.7% in the third quarter. Wellington Management Group LLP now owns 17,793,701 shares of the company’s stock worth $320,642,000 after acquiring an additional 9,268,950 shares during the last quarter. Norges Bank purchased a new stake in shares of Clearwater Analytics during the fourth quarter worth approximately $184,271,000. Balyasny Asset Management L.P. increased its position in shares of Clearwater Analytics by 1,757.6% during the fourth quarter. Balyasny Asset Management L.P. now owns 3,487,790 shares of the company’s stock worth $84,125,000 after purchasing an additional 3,300,037 shares in the last quarter. Finally, Blair William & Co. IL raised its stake in Clearwater Analytics by 83.5% in the 3rd quarter. Blair William & Co. IL now owns 7,134,647 shares of the company’s stock valued at $128,566,000 after purchasing an additional 3,245,986 shares during the last quarter. 50.10% of the stock is currently owned by hedge funds and other institutional investors.

Clearwater Analytics Stock Performance

Shares of Clearwater Analytics stock opened at $24.56 on Friday. The stock has a market cap of $7.33 billion, a P/E ratio of -136.44, a P/E/G ratio of 3.37 and a beta of 0.60. The stock’s 50 day simple moving average is $24.36 and its 200-day simple moving average is $23.91. Clearwater Analytics Holdings, Inc. has a 1-year low of $15.73 and a 1-year high of $24.56. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.26 and a quick ratio of 2.26.

Clearwater Analytics (NYSE:CWAN) last posted its quarterly 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 positive return on equity of 3.17% and a negative net margin of 5.88%.The business had revenue of $221.23 million during the quarter, compared to analyst estimates of $214.09 million. During the same period in the prior year, the business earned $0.13 earnings per share. The business’s revenue was up 74.4% compared to the same quarter last year. Analysts predict that Clearwater Analytics Holdings, Inc. will post 0.36 EPS for the current fiscal year.

Insider Buying and Selling at Clearwater Analytics

In other Clearwater Analytics news, CTO Souvik Das sold 10,000 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $24.35, for a total value of $243,500.00. Following the completion of the sale, the chief technology officer directly owned 180,109 shares of the company’s stock, valued at $4,385,654.15. This trade represents a 5.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO James S. Cox sold 18,700 shares of Clearwater Analytics stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $24.07, for a total value of $450,109.00. Following the transaction, the chief financial officer owned 480,419 shares in the company, valued at approximately $11,563,685.33. This represents a 3.75% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 682,579 shares of company stock worth $16,580,369 in the last three months. 3.31% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on CWAN shares. Weiss Ratings restated a “sell (d+)” rating on shares of Clearwater Analytics in a report on Friday, May 22nd. DA Davidson reaffirmed a “neutral” rating and set a $24.55 target price on shares of Clearwater Analytics in a report on Wednesday, May 20th. Two analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Clearwater Analytics presently has a consensus rating of “Hold” and a consensus target price of $24.98.

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.