Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 50,000 Shares of Clearwater Analytics Holdings, Inc. $CWAN

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 100.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,000 shares of the company’s stock after purchasing an additional 50,000 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Clearwater Analytics were worth $2,365,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Fifth Third Bancorp boosted its stake in Clearwater Analytics by 1,016.2% in the 1st quarter. Fifth Third Bancorp now owns 156,894 shares of the company’s stock valued at $3,711,000 after buying an additional 142,838 shares in the last quarter. Hsbc Holdings PLC bought a new position in shares of Clearwater Analytics during the first quarter valued at $36,096,000. Resona Asset Management Co. Ltd. lifted its holdings in shares of Clearwater Analytics by 5.6% during the first quarter. Resona Asset Management Co. Ltd. now owns 49,224 shares of the company’s stock valued at $1,164,000 after acquiring an additional 2,591 shares during the period. R Squared Ltd acquired a new stake in shares of Clearwater Analytics in the 1st quarter valued at $228,000. Finally, Credit Industriel ET Commercial acquired a new stake in shares of Clearwater Analytics in the 1st quarter valued at $7,365,000. 50.10% of the stock is currently owned by institutional investors.

Clearwater Analytics Stock Performance

Clearwater Analytics stock opened at $24.56 on Friday. The stock has a 50-day simple moving average of $24.43 and a 200 day simple moving average of $24.02. The stock has a market capitalization of $7.33 billion, a price-to-earnings ratio of -136.44, a P/E/G ratio of 3.37 and a beta of 0.60. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.39. Clearwater Analytics Holdings, Inc. has a 12-month low of $15.73 and a 12-month high of $24.56.

Clearwater Analytics (NYSE:CWAN) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.16 EPS for the quarter, hitting 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 for the quarter, compared to analyst estimates of $214.09 million. During the same quarter in the prior year, the firm earned $0.13 EPS. The company’s revenue was up 74.4% on a year-over-year basis. On average, research analysts anticipate that Clearwater Analytics Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CTO Souvik Das sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $24.35, for a total value of $243,500.00. Following the completion of the transaction, the chief technology officer owned 180,109 shares in the company, valued at $4,385,654.15. The trade was a 5.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director D Scott Mackesy sold 633,879 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $24.30, for a total value of $15,403,259.70. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 653,879 shares of company stock valued at $15,890,160. 3.31% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

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

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.