Clearwater Analytics (NYSE:CWAN – Get Free Report) is projected to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $174.16 million for the quarter.
Clearwater Analytics Price Performance
CWAN opened at $20.25 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.09 and a current ratio of 5.09. The stock has a market capitalization of $5.74 billion, a PE ratio of 12.05, a price-to-earnings-growth ratio of 4.05 and a beta of 0.73. The stock’s 50 day moving average price is $22.13 and its 200-day moving average price is $24.67. Clearwater Analytics has a 52-week low of $19.93 and a 52-week high of $35.71.
Wall Street Analyst Weigh In
CWAN has been the subject of several research reports. Wells Fargo & Company decreased their price objective on shares of Clearwater Analytics from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Tuesday, April 22nd. The Goldman Sachs Group assumed coverage on shares of Clearwater Analytics in a research note on Monday, May 19th. They issued a “neutral” rating and a $26.00 price target for the company. Oppenheimer lowered their price objective on shares of Clearwater Analytics from $40.00 to $36.00 and set an “outperform” rating for the company in a report on Wednesday, June 11th. JPMorgan Chase & Co. began coverage on Clearwater Analytics in a report on Friday, April 25th. They set an “overweight” rating and a $28.00 target price on the stock. Finally, Piper Sandler set a $27.00 target price on Clearwater Analytics and gave the company an “overweight” rating in a research note on Tuesday, June 24th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $31.90.
Insiders Place Their Bets
In other news, CEO Sandeep Sahai sold 50,000 shares of the firm’s stock in a transaction on Monday, July 14th. The stock was sold at an average price of $22.15, for a total transaction of $1,107,500.00. Following the completion of the transaction, the chief executive officer directly owned 895,663 shares in the company, valued at $19,838,935.45. This trade represents a 5.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Souvik Das sold 5,273 shares of the company’s stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $21.67, for a total transaction of $114,265.91. Following the completion of the transaction, the chief technology officer owned 142,549 shares in the company, valued at approximately $3,089,036.83. The trade was a 3.57% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 258,107 shares of company stock valued at $5,844,208. Company insiders own 3.31% of the company’s stock.
Hedge Funds Weigh In On Clearwater Analytics
Hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC bought a new stake in shares of Clearwater Analytics in the 1st quarter worth $208,000. Woodline Partners LP boosted its position in shares of Clearwater Analytics by 75.2% during the first quarter. Woodline Partners LP now owns 20,066 shares of the company’s stock valued at $538,000 after buying an additional 8,613 shares during the last quarter. AQR Capital Management LLC increased its holdings in Clearwater Analytics by 1,027.1% in the 1st quarter. AQR Capital Management LLC now owns 132,828 shares of the company’s stock worth $3,560,000 after buying an additional 121,043 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Clearwater Analytics by 1.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 459,292 shares of the company’s stock worth $12,309,000 after buying an additional 6,826 shares during the last quarter. 50.10% of the stock is currently owned by hedge funds and other institutional investors.
Clearwater Analytics Company Profile
Clearwater Analytics Holdings, Inc develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally.
Further Reading
- Five stocks we like better than Clearwater Analytics
- What to Know About Investing in Penny Stocks
- Why Teradyne’s 19% Rally Is Just Getting Started
- High Flyers: 3 Natural Gas Stocks for March 2022
- Buy the Dip on 3 Overlooked Names With Major Potential
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- Bitcoin and Dividends: A Winning Combo in These 3 ETFs
Receive News & Ratings for Clearwater Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clearwater Analytics and related companies with MarketBeat.com's FREE daily email newsletter.