Credit Industriel ET Commercial Takes $7.37 Million Position in Clearwater Analytics Holdings, Inc. $CWAN

Credit Industriel ET Commercial bought a new stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 311,432 shares of the company’s stock, valued at approximately $7,365,000. Clearwater Analytics makes up about 0.6% of Credit Industriel ET Commercial’s holdings, making the stock its 19th largest holding. Credit Industriel ET Commercial owned 0.11% of Clearwater Analytics at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC raised its holdings in Clearwater Analytics by 211.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock worth $26,000 after purchasing an additional 720 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Clearwater Analytics in the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. lifted its position in shares of Clearwater Analytics by 627.5% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,375 shares of the company’s stock valued at $33,000 after acquiring an additional 1,186 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Clearwater Analytics in the 4th quarter worth about $33,000. Finally, Danske Bank A S acquired a new stake in Clearwater Analytics during the 3rd quarter worth about $36,000. 50.10% of the stock is currently owned by institutional investors.

Clearwater Analytics Price Performance

Shares of CWAN stock opened at $24.56 on Tuesday. Clearwater Analytics Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $24.56. The stock’s fifty day moving average is $24.37 and its 200-day moving average is $23.95. The stock has a market capitalization of $7.33 billion, a PE ratio of -136.44, a PEG ratio of 3.37 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.

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

Insider Activity at Clearwater Analytics

In related news, CTO Souvik Das sold 10,000 shares of Clearwater Analytics stock in a transaction dated 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 in the company, valued at $4,385,654.15. This trade represents a 5.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director D Scott Mackesy sold 633,879 shares of the business’s stock in a transaction dated 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. Insiders have sold a total of 682,579 shares of company stock worth $16,580,369 over the last 90 days. Insiders own 3.31% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on CWAN. Weiss Ratings reissued a “sell (d+)” rating on shares of Clearwater Analytics in a research note on Friday, May 22nd. DA Davidson reiterated a “neutral” rating and issued a $24.55 target price on shares of Clearwater Analytics in a research note on Wednesday, May 20th. Two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target 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.