Souvik Das Sells 14,686 Shares of Clearwater Analytics (NYSE:CWAN) Stock

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) CTO Souvik Das sold 14,686 shares of the firm’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $23.80, for a total value of $349,526.80. Following the completion of the transaction, the chief technology officer owned 210,109 shares of the company’s stock, valued at approximately $5,000,594.20. This represents a 6.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Souvik Das also recently made the following trade(s):

• On Monday, March 9th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The shares were sold at an average price of $23.37, for a total value of $233,700.00.
• On Wednesday, February 18th, Souvik Das sold 88,848 shares of Clearwater Analytics stock. The stock was sold at an average price of $23.44, for a total transaction of $2,082,597.12.
• On Monday, February 9th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The shares were sold at an average price of $23.89, for a total transaction of $238,900.00.
• On Thursday, January 8th, Souvik Das sold 10,000 shares of Clearwater Analytics stock. The shares were sold at an average price of $24.08, for a total transaction of $240,800.00.

Clearwater Analytics Stock Performance

Shares of CWAN opened at $23.80 on Friday. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.40. The stock has a market cap of $7.03 billion, a P/E ratio of -169.95, a PEG ratio of 3.31 and a beta of 0.64. The company has a 50-day moving average of $23.52 and a two-hundred day moving average of $21.65. Clearwater Analytics Holdings, Inc. has a 12-month low of $15.73 and a 12-month high of $26.94.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Weiss Ratings downgraded Clearwater Analytics from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, February 23rd. Loop Capital downgraded Clearwater Analytics from a “buy” rating to a “hold” rating and dropped their price target for the stock from $25.00 to $24.55 in a research report on Monday, December 22nd. Royal Bank Of Canada reissued a “sector perform” rating and issued a $24.55 price target (down from $36.00) on shares of Clearwater Analytics in a report on Wednesday, February 25th. UBS Group downgraded Clearwater Analytics from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $30.00 to $24.55 in a research report on Monday, January 26th. Finally, Wells Fargo & Company lowered Clearwater Analytics from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $27.00 to $24.55 in a research note on Thursday, January 8th. Three investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Clearwater Analytics has an average rating of “Hold” and a consensus target price of $26.17.

Institutional Trading of Clearwater Analytics

Hedge funds and other institutional investors have recently bought and sold shares of the company. Starboard Value LP acquired a new position in Clearwater Analytics in the 4th quarter valued at $240,212,000. Wellington Management Group LLP boosted its holdings in shares of Clearwater Analytics by 108.7% during the third quarter. Wellington Management Group LLP now owns 17,793,701 shares of the company’s stock worth $320,642,000 after purchasing an additional 9,268,950 shares during the last quarter. Norges Bank acquired a new stake in shares of Clearwater Analytics during the fourth quarter worth $184,271,000. Vanguard Group Inc. grew its position in shares of Clearwater Analytics by 21.9% in the third quarter. Vanguard Group Inc. now owns 33,261,349 shares of the company’s stock valued at $599,370,000 after purchasing an additional 5,967,798 shares during the period. Finally, Hood River Capital Management LLC acquired a new position in Clearwater Analytics in the second quarter valued at $99,105,000. 50.10% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Clearwater Analytics

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

• Positive Sentiment: Institutional buying: Several large funds have recently increased positions (AQR, UBS, Woodline), signaling continued institutional interest that can stabilize the share base.
• Neutral Sentiment: Analyst stance is largely muted (consensus “Hold”) and several brokers have price targets clustered near the mid-$20s; that suggests limited near-term upside from analyst revisions.
• Neutral Sentiment: Insiders still retain large stakes (CEO Sandeep Sahai remains a >1.4M-share holder), which reduces—but does not eliminate—concerns that executives are exiting entirely. CEO SEC Filing
• Negative Sentiment: Clustered insider selling: Multiple senior officers sold shares the same day (CEO, CFO, CTO, CRO and another insider — ~127k shares total, ~ $3M at reported prices). Clustered top-executive sales often weigh on sentiment because they look like officers taking money off the table. Insider Trades
• Negative Sentiment: Options flow indicates downside positioning: unusually large put buying (~17,402 puts, ~+71% vs. average daily put volume), which can increase short-term selling pressure and volatility.
• Negative Sentiment: Shareholder litigation/investigation: Plaintiffs’ firm Scott+Scott launched an investigation into whether Clearwater’s directors breached fiduciary duties tied to the proposed buyout by Warburg Pincus and Permira — legal scrutiny can delay the transaction, add uncertainty to deal terms, and create potential liability. Investor Alert

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.