Aviso Financial Inc. Purchases New Stake in Clearwater Analytics Holdings, Inc. $CWAN

Aviso Financial Inc. purchased a new position in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 41,681 shares of the company’s stock, valued at approximately $914,000.

Several other institutional investors have also bought and sold shares of CWAN. First Horizon Advisors Inc. increased its stake in shares of Clearwater Analytics by 278.9% in the second quarter. First Horizon Advisors Inc. now owns 1,523 shares of the company’s stock worth $33,000 after purchasing an additional 1,121 shares in the last quarter. Bessemer Group Inc. boosted its holdings in Clearwater Analytics by 84.6% in the 2nd quarter. Bessemer Group Inc. now owns 1,545 shares of the company’s stock worth $35,000 after buying an additional 708 shares during the period. Quarry LP boosted its holdings in Clearwater Analytics by 979.4% in the 1st quarter. Quarry LP now owns 2,094 shares of the company’s stock worth $56,000 after buying an additional 1,900 shares during the period. CWM LLC grew its stake in Clearwater Analytics by 714.6% in the 1st quarter. CWM LLC now owns 3,071 shares of the company’s stock valued at $82,000 after buying an additional 2,694 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in Clearwater Analytics by 36.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 4,288 shares of the company’s stock valued at $94,000 after acquiring an additional 1,151 shares during the period. Hedge funds and other institutional investors own 50.10% of the company’s stock.

Clearwater Analytics Price Performance

Shares of NYSE:CWAN opened at $22.10 on Wednesday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.42. The stock has a market cap of $6.47 billion, a PE ratio of 14.44, a PEG ratio of 5.71 and a beta of 0.69. The company’s fifty day moving average is $18.60 and its 200 day moving average is $20.48. Clearwater Analytics Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $32.47.

Clearwater Analytics (NYSE:CWAN) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.02). The company had revenue of $205.11 million during the quarter, compared to the consensus estimate of $203.66 million. Clearwater Analytics had a net margin of 61.28% and a return on equity of 2.77%. The business’s revenue for the quarter was up 77.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 EPS. Clearwater Analytics has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts anticipate that Clearwater Analytics Holdings, Inc. will post 0.18 earnings per share for the current year.

Clearwater Analytics announced that its Board of Directors has initiated a stock buyback program on Wednesday, September 3rd that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to buy up to 1.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Insider Activity at Clearwater Analytics

In other Clearwater Analytics news, CFO James S. Cox sold 11,275 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $19.74, for a total transaction of $222,568.50. Following the completion of the transaction, the chief financial officer owned 333,983 shares of the company’s stock, valued at approximately $6,592,824.42. This trade represents a 3.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sandeep Sahai sold 16,592 shares of the firm’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $17.68, for a total value of $293,346.56. Following the transaction, the chief executive officer owned 913,600 shares of the company’s stock, valued at $16,152,448. The trade was a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 83,602 shares of company stock valued at $1,554,226 over the last three months. Corporate insiders own 3.31% of the company’s stock.

Analyst Upgrades and Downgrades

CWAN has been the subject of several analyst reports. Zacks Research upgraded Clearwater Analytics from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 4th. Wall Street Zen downgraded shares of Clearwater Analytics from a “hold” rating to a “sell” rating in a report on Saturday. DA Davidson reaffirmed a “buy” rating and set a $30.00 price objective on shares of Clearwater Analytics in a research note on Tuesday, November 18th. Wells Fargo & Company decreased their target price on shares of Clearwater Analytics from $32.00 to $27.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $27.00 target price on shares of Clearwater Analytics in a research note on Monday. Nine research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Clearwater Analytics currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.56.

Clearwater Analytics 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.