Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Receives Average Rating of “Hold” from Brokerages

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) has been given an average recommendation of “Hold” by the fourteen analysts that are presently covering the firm, Marketbeat Ratings reports. Ten equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $27.2091.

A number of equities research analysts recently weighed in on CWAN shares. Loop Capital lowered shares of Clearwater Analytics from a “buy” rating to a “hold” rating and decreased their price objective for the company from $25.00 to $24.55 in a report on Monday, December 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Clearwater Analytics in a research note on Monday, December 29th. Wall Street Zen cut Clearwater Analytics from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Warburg Research set a $24.55 target price on Clearwater Analytics in a research report on Monday, December 22nd. Finally, DA Davidson reissued a “neutral” rating and set a $24.55 price target (down previously from $30.00) on shares of Clearwater Analytics in a research report on Friday, January 16th.

Insider Activity at Clearwater Analytics

In other Clearwater Analytics news, CTO Souvik Das sold 41,594 shares of the firm’s stock in a transaction dated Thursday, January 1st. The shares were sold at an average price of $24.09, for a total transaction of $1,001,999.46. Following the transaction, the chief technology officer owned 148,224 shares of the company’s stock, valued at approximately $3,570,716.16. This trade represents a 21.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO James S. Cox sold 63,709 shares of the business’s stock in a transaction dated Thursday, January 1st. The shares were sold at an average price of $24.09, for a total transaction of $1,534,749.81. Following the completion of the sale, the chief financial officer owned 400,691 shares of the company’s stock, valued at approximately $9,652,646.19. This represents a 13.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 457,164 shares of company stock worth $10,829,668 over the last quarter. Corporate insiders own 3.31% of the company’s stock.

Institutional Investors Weigh In On Clearwater Analytics

A number of hedge funds and other institutional investors have recently bought and sold shares of CWAN. Cim LLC increased its position in shares of Clearwater Analytics by 0.8% during the third quarter. Cim LLC now owns 66,184 shares of the company’s stock worth $1,193,000 after purchasing an additional 557 shares in the last quarter. Hilltop National Bank lifted its stake in shares of Clearwater Analytics by 12.6% during the third quarter. Hilltop National Bank now owns 5,533 shares of the company’s stock worth $100,000 after buying an additional 619 shares during the period. Essex Investment Management Co. LLC lifted its position in Clearwater Analytics by 54.9% during the 3rd quarter. Essex Investment Management Co. LLC now owns 1,806 shares of the company’s stock worth $33,000 after acquiring an additional 640 shares during the period. Bessemer Group Inc. increased 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. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Clearwater Analytics by 211.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock worth $26,000 after acquiring an additional 720 shares during the period. Hedge funds and other institutional investors own 50.10% of the company’s stock.

Clearwater Analytics Stock Performance

CWAN stock opened at $23.82 on Tuesday. Clearwater Analytics has a twelve month low of $15.73 and a twelve month high of $32.00. The firm has a market cap of $6.97 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 3.45 and a beta of 0.66. The business’s fifty day simple moving average is $23.39 and its two-hundred day simple moving average is $20.77. 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 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.