Clearwater Analytics Target of Unusually High Options Trading (NYSE:CWAN)

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) saw unusually large options trading on Wednesday. Traders purchased 40,807 call options on the stock. This represents an increase of 328% compared to the typical volume of 9,528 call options.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Warburg Research set a $24.55 price objective on Clearwater Analytics in a report on Monday, December 22nd. Wells Fargo & Company cut shares of Clearwater Analytics from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $27.00 to $24.55 in a research report on Thursday, January 8th. UBS Group lowered shares of Clearwater Analytics from a “buy” rating to a “neutral” rating and decreased their target price for the company from $30.00 to $24.55 in a report on Monday, January 26th. Oppenheimer cut shares of Clearwater Analytics from an “outperform” rating to a “market perform” rating in a research report on Monday, December 22nd. Finally, DA Davidson reiterated 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. Four investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $27.21.

Clearwater Analytics Stock Down 0.6%

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

Insider Buying and Selling at Clearwater Analytics

In other Clearwater Analytics news, CTO Souvik Das sold 10,000 shares of Clearwater Analytics stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $23.89, for a total value of $238,900.00. Following the sale, the chief technology officer owned 128,230 shares of the company’s stock, valued at $3,063,414.70. This trade represents a 7.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Subi Sethi sold 25,646 shares of the company’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 $617,812.14. Following the transaction, the insider directly owned 277,189 shares of the company’s stock, valued at $6,677,483.01. This represents a 8.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 457,164 shares of company stock worth $10,829,668 in the last three months. 3.31% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Intech Investment Management LLC raised its position in shares of Clearwater Analytics by 46.4% during the 2nd quarter. Intech Investment Management LLC now owns 157,281 shares of the company’s stock valued at $3,449,000 after buying an additional 49,845 shares in the last quarter. Future Fund LLC bought a new position in Clearwater Analytics in the second quarter valued at $732,000. Hillsdale Investment Management Inc. raised its position in Clearwater Analytics by 28.0% during the second quarter. Hillsdale Investment Management Inc. now owns 190,950 shares of the company’s stock valued at $4,188,000 after purchasing an additional 41,800 shares in the last quarter. Segall Bryant & Hamill LLC lifted its stake in Clearwater Analytics by 20.4% during the second quarter. Segall Bryant & Hamill LLC now owns 384,634 shares of the company’s stock worth $8,435,000 after purchasing an additional 65,141 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Clearwater Analytics by 8.2% in the 2nd quarter. Swiss National Bank now owns 447,996 shares of the company’s stock worth $9,825,000 after purchasing an additional 33,896 shares in the last quarter. Hedge funds and other institutional investors own 50.10% of the company’s stock.

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.