Tudor Investment Corp ET AL Sells 1,315,617 Shares of Clearwater Analytics Holdings, Inc. $CWAN

Tudor Investment Corp ET AL cut its holdings in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 90.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 132,772 shares of the company’s stock after selling 1,315,617 shares during the period. Tudor Investment Corp ET AL’s holdings in Clearwater Analytics were worth $2,393,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wellington Management Group LLP raised its holdings in Clearwater Analytics by 108.7% during the 3rd quarter. Wellington Management Group LLP now owns 17,793,701 shares of the company’s stock worth $320,642,000 after buying an additional 9,268,950 shares during the period. Vanguard Group Inc. lifted its position in Clearwater Analytics by 21.9% in the 3rd quarter. Vanguard Group Inc. now owns 33,261,349 shares of the company’s stock valued at $599,370,000 after acquiring an additional 5,967,798 shares in the last quarter. Norges Bank acquired a new position in Clearwater Analytics in the 2nd quarter worth $106,504,000. Hood River Capital Management LLC acquired a new position in Clearwater Analytics in the 2nd quarter worth $99,105,000. Finally, Blair William & Co. IL increased its holdings in Clearwater Analytics by 83.5% during the 3rd quarter. Blair William & Co. IL now owns 7,134,647 shares of the company’s stock worth $128,566,000 after purchasing an additional 3,245,986 shares in the last quarter. 50.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on CWAN shares. Wells Fargo & Company lowered Clearwater Analytics from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $27.00 to $24.55 in a research report on Thursday, January 8th. Warburg Research set a $24.55 price target on shares of Clearwater Analytics in a research note on Monday, December 22nd. Loop Capital downgraded shares of Clearwater Analytics from a “buy” rating to a “hold” rating and lowered their price objective for the company from $25.00 to $24.55 in a report on Monday, December 22nd. Oppenheimer cut shares of Clearwater Analytics from an “outperform” rating to a “market perform” rating in a research report on Monday, December 22nd. Finally, William Blair restated a “market perform” rating on shares of Clearwater Analytics in a research note on Monday, December 22nd. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $26.17.

Insider Buying and Selling at Clearwater Analytics

In related news, CFO James S. Cox sold 93,930 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $23.44, for a total value of $2,201,719.20. Following the transaction, the chief financial officer owned 474,114 shares in the company, valued at approximately $11,113,232.16. This represents a 16.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Subi Sethi sold 76,689 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 value of $1,797,590.16. Following the completion of the transaction, the insider directly owned 365,490 shares in the company, valued at approximately $8,567,085.60. This represents a 17.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,002,699 shares of company stock worth $23,741,841 in the last three months. 3.31% of the stock is owned by insiders.

Clearwater Analytics Trading Down 0.1%

Shares of NYSE:CWAN opened at $23.46 on Friday. The company has a 50-day simple moving average of $23.57 and a 200 day simple moving average of $21.52. The company has a market capitalization of $6.93 billion, a P/E ratio of -167.52, a price-to-earnings-growth ratio of 3.26 and a beta of 0.67. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 1.83. Clearwater Analytics Holdings, Inc. has a 52-week low of $15.73 and a 52-week high of $27.09.

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.