Allianz Asset Management GmbH Reduces Stake in Clearwater Analytics Holdings, Inc. $CWAN

Allianz Asset Management GmbH cut its stake in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 84.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160,936 shares of the company’s stock after selling 859,491 shares during the period. Allianz Asset Management GmbH owned 0.06% of Clearwater Analytics worth $2,900,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Hilltop National Bank raised its holdings in Clearwater Analytics by 12.6% during the 3rd quarter. Hilltop National Bank now owns 5,533 shares of the company’s stock valued at $100,000 after buying an additional 619 shares during the period. Bessemer Group Inc. raised its stake in shares of 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 acquiring an additional 708 shares during the period. Versant Capital Management Inc raised its stake in shares of Clearwater Analytics by 189.3% in the third quarter. Versant Capital Management Inc now owns 1,565 shares of the company’s stock valued at $28,000 after acquiring an additional 1,024 shares during the period. First Horizon Advisors Inc. lifted its holdings in shares of Clearwater Analytics by 278.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,523 shares of the company’s stock worth $33,000 after acquiring an additional 1,121 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Clearwater Analytics by 36.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 4,288 shares of the company’s stock worth $94,000 after purchasing an additional 1,151 shares during the period. 50.10% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on CWAN. Oppenheimer lowered shares of Clearwater Analytics from an “outperform” rating to a “market perform” rating in a research report on Monday, December 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $36.00 price target on shares of Clearwater Analytics in a report on Monday, December 22nd. DA Davidson reissued a “neutral” rating and set a $24.55 price target (down from $30.00) on shares of Clearwater Analytics in a research note on Friday, January 16th. UBS Group downgraded Clearwater Analytics from a “buy” rating to a “neutral” rating and cut their price objective for the company from $30.00 to $24.55 in a research report on Monday, January 26th. Finally, William Blair reiterated a “market perform” rating on shares of Clearwater Analytics in a research note on Monday, December 22nd. Four research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $27.21.

Insider Activity at Clearwater Analytics

In other Clearwater Analytics news, CRO Scott Stanley Erickson sold 44,386 shares of the firm’s stock in a transaction dated Thursday, January 1st. The stock was sold at an average price of $24.09, for a total value of $1,069,258.74. Following the completion of the sale, the executive owned 72,917 shares of the company’s stock, valued at approximately $1,756,570.53. This trade represents a 37.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sandeep Sahai sold 134,130 shares of the business’s stock in a transaction dated Thursday, January 1st. The stock was sold at an average price of $24.09, for a total value of $3,231,191.70. Following the sale, the chief executive officer owned 1,092,923 shares in the company, valued at $26,328,515.07. The trade was a 10.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 457,164 shares of company stock worth $10,829,668 over the last ninety days. Corporate insiders own 3.31% of the company’s stock.

Clearwater Analytics Stock Performance

Shares of CWAN stock opened at $23.68 on Thursday. Clearwater Analytics Holdings, Inc. has a 12-month low of $15.73 and a 12-month high of $32.00. The business’s fifty day simple moving average is $23.49 and its 200-day simple moving average is $20.80. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.42. The company has a market cap of $6.93 billion, a PE ratio of 15.47, a PEG ratio of 3.44 and a beta of 0.66.

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.