Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Given Consensus Rating of “Hold” by Analysts

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) has earned a consensus rating of “Hold” from the fourteen research firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, ten have given a hold rating and three have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $26.1682.

CWAN has been the topic of a number of research analyst reports. Oppenheimer lowered shares of Clearwater Analytics from an “outperform” rating to a “market perform” rating in a report on Monday, December 22nd. Jefferies Financial Group lowered Clearwater Analytics to a “hold” rating in a research note on Friday, January 16th. Loop Capital cut Clearwater Analytics from a “buy” rating to a “hold” rating and lowered their price target for the stock from $25.00 to $24.55 in a research report on Monday, December 22nd. Warburg Research set a $24.55 price target on Clearwater Analytics in a research note on Monday, December 22nd. Finally, Wells Fargo & Company cut Clearwater Analytics from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $27.00 to $24.55 in a research note on Thursday, January 8th.

Clearwater Analytics Stock Up 0.4%

CWAN stock opened at $23.66 on Wednesday. The stock has a market capitalization of $6.99 billion, a PE ratio of -168.95, a price-to-earnings-growth ratio of 3.27 and a beta of 0.67. Clearwater Analytics has a 52 week low of $15.73 and a 52 week high of $27.09. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.40. The firm has a 50 day moving average of $23.55 and a 200 day moving average of $21.59.

Insider Transactions at Clearwater Analytics

In other Clearwater Analytics news, insider Subi Sethi sold 76,689 shares of Clearwater Analytics stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $23.44, for a total transaction of $1,797,590.16. Following the completion of the sale, the insider directly owned 365,490 shares in the company, valued at approximately $8,567,085.60. The trade was a 17.34% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CRO Scott Stanley Erickson sold 74,530 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.44, for a total transaction of $1,746,983.20. Following the completion of the sale, the executive directly owned 138,630 shares in the company, valued at $3,249,487.20. This trade represents a 34.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 963,375 shares of company stock valued at $22,794,919 over the last quarter. Company insiders own 3.31% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its position in Clearwater Analytics by 211.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock worth $26,000 after purchasing an additional 720 shares during the period. Los Angeles Capital Management LLC acquired a new position in shares of Clearwater Analytics in the 4th quarter valued at about $26,000. SBI Securities Co. Ltd. lifted its holdings in shares of Clearwater Analytics by 627.5% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,375 shares of the company’s stock valued at $33,000 after buying an additional 1,186 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Clearwater Analytics in the fourth quarter worth about $33,000. Finally, Private Trust Co. NA boosted its stake in shares of Clearwater Analytics by 643.3% in the fourth quarter. Private Trust Co. NA now owns 1,546 shares of the company’s stock worth $37,000 after buying an additional 1,338 shares during the last quarter. 50.10% of the stock is currently owned by institutional investors and hedge funds.

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.