42,715 Shares in Clearwater Analytics Holdings, Inc. $CWAN Acquired by Calamos Wealth Management LLC

Calamos Wealth Management LLC acquired a new stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 42,715 shares of the company’s stock, valued at approximately $1,010,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wellington Management Group LLP grew its stake in Clearwater Analytics by 108.7% in the 3rd quarter. Wellington Management Group LLP now owns 17,793,701 shares of the company’s stock valued at $320,642,000 after acquiring an additional 9,268,950 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Clearwater Analytics by 11.9% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,715,837 shares of the company’s stock valued at $330,827,000 after purchasing an additional 1,459,150 shares during the last quarter. Starboard Value LP purchased a new position in shares of Clearwater Analytics during the 4th quarter worth approximately $240,212,000. Wasatch Advisors LP raised its position in shares of Clearwater Analytics by 3.0% during the 2nd quarter. Wasatch Advisors LP now owns 9,567,391 shares of the company’s stock worth $209,813,000 after purchasing an additional 274,664 shares during the last quarter. Finally, Morgan Stanley lifted its stake in Clearwater Analytics by 15.8% in the 4th quarter. Morgan Stanley now owns 7,855,686 shares of the company’s stock valued at $189,479,000 after buying an additional 1,074,771 shares in the last quarter. 50.10% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Clearwater Analytics

In other news, 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 transaction of $15,403,259.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Souvik Das sold 10,000 shares of the company’s 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 sale, the chief technology officer owned 180,109 shares of the company’s stock, valued at $4,385,654.15. This represents a 5.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 653,879 shares of company stock valued at $15,890,160 over the last three months. Corporate insiders own 3.31% of the company’s stock.

Wall Street Analysts Forecast Growth

CWAN has been the subject of several recent research reports. DA Davidson reissued a “neutral” rating and set a $24.55 price target 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’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $24.98.

Clearwater Analytics Price Performance

CWAN opened at $24.56 on Wednesday. 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 stock has a market capitalization of $7.33 billion, a price-to-earnings ratio of -136.44, a price-to-earnings-growth ratio of 3.37 and a beta of 0.60. The business has a 50-day moving average of $24.42 and a two-hundred day moving average of $24.01. 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 announced its quarterly earnings data on Thursday, May 7th. The company reported $0.16 earnings per share for the quarter, hitting the consensus estimate of $0.16. Clearwater Analytics had a negative net margin of 5.88% and a positive return on equity of 3.17%. The business had revenue of $221.23 million for the quarter, compared to analyst estimates of $214.09 million. During the same period in the prior year, the firm posted $0.13 EPS. The company’s revenue was up 74.4% on a year-over-year basis. On average, research analysts expect that Clearwater Analytics Holdings, Inc. will post 0.36 earnings per share for the current year.

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.