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

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) CTO Souvik Das sold 14,686 shares of the stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total transaction of $349,526.80. Following the completion of the sale, the chief technology officer directly owned 210,109 shares in the company, valued at approximately $5,000,594.20. This trade represents a 6.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 transaction 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 value of $240,800.00.

Clearwater Analytics Stock Performance

Shares of NYSE CWAN traded up $0.01 during midday trading on Thursday, hitting $23.80. 3,977,279 shares of the company’s stock were exchanged, compared to its average volume of 10,208,298. Clearwater Analytics Holdings, Inc. has a twelve month low of $15.73 and a twelve month high of $26.94. The firm has a market cap of $7.03 billion, a P/E ratio of -169.95, a PEG ratio of 3.28 and a beta of 0.64. The stock’s 50 day moving average price is $23.54 and its 200-day moving average price is $21.61. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.83 and a quick ratio of 1.83.

Key Headlines Impacting Clearwater Analytics

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

• Neutral Sentiment: Analysts maintain a consensus “Hold” on CWAN, indicating limited near-term upside from broker views. Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Receives Consensus Rating of “Hold” from Analysts
• Negative Sentiment: Scott+Scott has opened an investigation into whether Clearwater’s directors breached fiduciary duties related to the proposed buyout by Warburg Pincus and Permira — litigation risk and governance concerns can pressure the stock. CLEARWATER ANALYTICS HOLDINGS, INC. INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Clearwater Analytics Holdings, Inc.’s Directors for Breach of Fiduciary Duties – CWAN
• Negative Sentiment: Unusually large put-option volume — traders bought ~17,402 puts (≈ +71% vs. normal). This indicates increased short/hedge interest and can add downward pressure on the stock.
• Negative Sentiment: CEO Sandeep Sahai sold 51,967 shares at an average $23.80 (≈ $1.24M). Insider selling from the CEO can be read as a negative signal by investors. SEC Filing – Sandeep Sahai Sale
• Negative Sentiment: Insider Subi Sethi sold 19,858 shares at $23.80; position reduced ~4.87%. SEC Filing – Subi Sethi Sale
• Negative Sentiment: CTO Souvik Das sold 14,686 shares at $23.80 (≈6.5% reduction). SEC Filing – Souvik Das Sale
• Negative Sentiment: CFO James S. Cox sold 21,631 shares at $23.80 (≈4.3% reduction). SEC Filing – James S. Cox Sale
• Negative Sentiment: CRO Scott Stanley Erickson sold 18,790 shares at $23.80 (≈10.8% reduction). Multiple C‑suite sell-offs in the same day amplify the negative signal. SEC Filing – Scott Stanley Erickson Sale

Hedge Funds Weigh In On Clearwater Analytics

Several hedge funds have recently modified their holdings of CWAN. Essex Investment Management Co. LLC raised its stake in shares of Clearwater Analytics by 27.2% in the 4th quarter. Essex Investment Management Co. LLC now owns 2,298 shares of the company’s stock worth $55,000 after buying an additional 492 shares in the last quarter. Mackenzie Financial Corp boosted its stake in Clearwater Analytics by 3.7% during the fourth quarter. Mackenzie Financial Corp now owns 15,466 shares of the company’s stock valued at $372,000 after buying an additional 545 shares in the last quarter. Cim LLC boosted its stake in Clearwater Analytics by 0.8% during the third quarter. Cim LLC now owns 66,184 shares of the company’s stock valued at $1,193,000 after buying an additional 557 shares in the last quarter. Hilltop National Bank grew its holdings in Clearwater Analytics by 12.6% during the third quarter. Hilltop National Bank now owns 5,533 shares of the company’s stock worth $100,000 after acquiring an additional 619 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in Clearwater Analytics by 211.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock worth $26,000 after acquiring an additional 720 shares during the period. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

CWAN has been the subject of several recent analyst reports. Warburg Research set a $24.55 price target on Clearwater Analytics in a research note on Monday, December 22nd. DA Davidson restated a “neutral” rating and set a $24.55 price objective on shares of Clearwater Analytics in a research note on Thursday, February 19th. Wells Fargo & Company downgraded shares of 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 report on Thursday, January 8th. Loop Capital lowered shares of Clearwater Analytics from a “buy” rating to a “hold” rating and decreased their target price for the company from $25.00 to $24.55 in a research report on Monday, December 22nd. Finally, Morgan Stanley reissued an “equal weight” rating and set a $24.55 target price (down from $27.00) on shares of Clearwater Analytics in a research note on Tuesday, January 27th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $26.17.

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.