Advantage Alpha Capital Partners LP Purchases New Stake in Clearwater Analytics Holdings, Inc. $CWAN

Advantage Alpha Capital Partners LP purchased a new position in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 76,173 shares of the company’s stock, valued at approximately $1,670,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Horizon Advisors Inc. grew its stake in Clearwater Analytics by 278.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,523 shares of the company’s stock valued at $33,000 after buying an additional 1,121 shares in the last quarter. Bessemer Group Inc. raised its stake in shares of Clearwater Analytics by 84.6% during the 2nd quarter. Bessemer Group Inc. now owns 1,545 shares of the company’s stock valued at $35,000 after purchasing an additional 708 shares during the period. Quarry LP raised its stake in shares of Clearwater Analytics by 979.4% during the 1st quarter. Quarry LP now owns 2,094 shares of the company’s stock valued at $56,000 after purchasing an additional 1,900 shares during the period. CWM LLC lifted its holdings in Clearwater Analytics by 714.6% during the 1st quarter. CWM LLC now owns 3,071 shares of the company’s stock worth $82,000 after purchasing an additional 2,694 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew 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 buying an additional 1,151 shares in the last quarter. Institutional investors own 50.10% of the company’s stock.

Wall Street Analysts Forecast Growth

CWAN has been the subject of several recent analyst reports. DA Davidson restated a “buy” rating and set a $30.00 target price on shares of Clearwater Analytics in a research report on Tuesday, November 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Clearwater Analytics in a report on Tuesday. UBS Group decreased their price objective on shares of Clearwater Analytics from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. The Goldman Sachs Group raised shares of Clearwater Analytics from a “neutral” rating to a “buy” rating and set a $27.00 price target for the company in a research note on Monday, August 11th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $27.00 price objective on shares of Clearwater Analytics in a research report on Monday. Nine analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Clearwater Analytics presently has an average rating of “Moderate Buy” and an average price target of $29.56.

Clearwater Analytics Price Performance

Shares of CWAN stock opened at $21.74 on Friday. Clearwater Analytics Holdings, Inc. has a twelve month low of $15.73 and a twelve month high of $32.34. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of 14.21, a PEG ratio of 5.72 and a beta of 0.69. 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 business’s fifty day moving average is $18.70 and its 200 day moving average is $20.50.

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

Clearwater Analytics declared that its Board of Directors has approved a share buyback plan on Wednesday, September 3rd that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to buy up to 1.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, CFO James S. Cox sold 29,700 shares of the stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $22.00, for a total value of $653,400.00. Following the completion of the sale, the chief financial officer directly owned 333,983 shares of the company’s stock, valued at approximately $7,347,626. This represents a 8.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Subi Sethi sold 7,434 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $17.68, for a total value of $131,433.12. Following the sale, the insider directly owned 226,980 shares in the company, valued at approximately $4,013,006.40. This represents a 3.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 113,302 shares of company stock valued at $2,207,626 in the last 90 days. Insiders own 3.31% of the company’s stock.

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.