Clearwater Analytics’ (CWAN) “Market Perform” Rating Reaffirmed at William Blair

William Blair restated their market perform rating on shares of Clearwater Analytics (NYSE:CWAN) in a research note released on Monday morning, Marketbeat.com reports.

Several other research firms also recently issued reports on CWAN. Morgan Stanley reaffirmed an “overweight” rating and issued a $27.00 price objective on shares of Clearwater Analytics in a research note on Monday, November 24th. Wall Street Zen lowered shares of Clearwater Analytics from a “hold” rating to a “sell” rating in a report on Saturday, November 22nd. Oppenheimer cut shares of Clearwater Analytics from an “outperform” rating to a “market perform” rating in a research report on Monday. UBS Group dropped their price target on shares of Clearwater Analytics from $35.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, November 6th. Finally, Wells Fargo & Company cut their price target 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. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $28.65.

Clearwater Analytics Trading Up 8.2%

NYSE CWAN opened at $24.07 on Monday. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.42. Clearwater Analytics has a twelve month low of $15.73 and a twelve month high of $32.00. The company has a market cap of $7.04 billion, a price-to-earnings ratio of 15.73, a price-to-earnings-growth ratio of 5.86 and a beta of 0.67. The business’s fifty day moving average is $19.99 and its 200 day moving average is $20.30.

Clearwater Analytics (NYSE:CWAN) last issued its earnings results on Wednesday, November 5th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). The firm had revenue of $205.11 million during the quarter, compared to analyst estimates of $203.66 million. Clearwater Analytics had a return on equity of 2.77% and a net margin of 61.28%.Clearwater Analytics’s revenue for the quarter was up 77.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.14 EPS. As a group, sell-side analysts expect that Clearwater Analytics will post 0.18 EPS for the current fiscal year.

Clearwater Analytics announced that its board has authorized a share repurchase plan on Wednesday, September 3rd that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to reacquire up to 1.7% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is undervalued.

Insider Activity

In related news, CFO James S. Cox sold 29,700 shares of Clearwater Analytics stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $22.00, for a total transaction of $653,400.00. Following the completion of the transaction, the chief financial officer owned 333,983 shares of the company’s stock, valued at $7,347,626. This trade represents a 8.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Subi Sethi sold 7,434 shares of the business’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $17.68, for a total transaction of $131,433.12. Following the completion of the transaction, the insider owned 226,980 shares in the company, valued at approximately $4,013,006.40. The trade was a 3.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 120,727 shares of company stock worth $2,402,598 over the last quarter. Company insiders own 3.31% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CWAN. Versant Capital Management Inc lifted its stake in shares of Clearwater Analytics by 189.3% in the 3rd quarter. Versant Capital Management Inc now owns 1,565 shares of the company’s stock valued at $28,000 after purchasing an additional 1,024 shares during the period. First Horizon Advisors Inc. grew its stake in Clearwater Analytics by 278.9% during 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 during the period. Essex Investment Management Co. LLC increased its holdings in Clearwater Analytics by 54.9% in the third quarter. Essex Investment Management Co. LLC now owns 1,806 shares of the company’s stock worth $33,000 after purchasing an additional 640 shares in the last quarter. Bessemer Group Inc. lifted its stake in Clearwater Analytics by 84.6% in the second quarter. Bessemer Group Inc. now owns 1,545 shares of the company’s stock valued at $35,000 after buying an additional 708 shares during the period. Finally, Danske Bank A S acquired a new position in Clearwater Analytics in the third quarter valued at approximately $36,000. 50.10% of the stock is owned by institutional investors.

Key Stores Impacting Clearwater Analytics

Here are the key news stories impacting Clearwater Analytics this week:

• Positive Sentiment: Definitive take‑private agreement — Permira & Warburg Pincus-led group to acquire Clearwater for ~$8.4B at $24.55/share (cash), a material premium that explains the stock’s upward move. Clearwater Analytics to Be Acquired for $8.4 Billion
• Positive Sentiment: Analyst reaction highlights potential undervaluation — some analysts (including RBC commentary) say the bid may underprice Clearwater relative to longer-term value and assigned higher price targets, supporting upside expectations for shareholders or competing bids. RBC: We Believe the Deal Undervalues Clearwater
• Positive Sentiment: Surge in bullish options activity — unusually large call buying indicates speculative and institutional positioning ahead of, or in response to, the deal announcement, amplifying intraday price moves.
• Neutral Sentiment: Potential “go‑shop” / solicitation window and interest from other bidders has been mentioned in market coverage — this raises the chance of competing bids (positive if higher offers emerge) but also adds uncertainty around timing and outcome. CWAN stock surges pre-market on $8.4B buyout offer
• Neutral Sentiment: Mixed analyst ratings — some firms reaffirm ratings without changing guidance (e.g., William Blair market perform), so not all analysts view the transaction as an immediate clear win for public shareholders.
• Negative Sentiment: Shareholder-law‑firm investigations (Halper Sadeh, The Ademi Firm) allege potential fiduciary breaches or unfair pricing — these probes can lead to contestation, litigation, regulatory scrutiny, or renegotiation that could delay the deal or affect final consideration. Halper Sadeh LLC Encourages CWAN Shareholders to Contact the Firm
• Negative Sentiment: Additional shareholder alert from The Ademi Firm raises similar fairness concerns and could increase legal complexity around closing. Shareholder Alert: The Ademi Firm Investigates Clearwater Transaction

About Clearwater Analytics

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.