Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Receives $26.17 Average Price Target from Analysts

Shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) have been assigned a consensus recommendation of “Hold” from the fourteen research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $26.1682.

A number of brokerages have recently weighed in on CWAN. Oppenheimer downgraded shares of Clearwater Analytics from an “outperform” rating to a “market perform” rating in a report on Monday, December 22nd. Jefferies Financial Group downgraded shares of Clearwater Analytics to a “hold” rating in a report on Friday, January 16th. Loop Capital downgraded shares of Clearwater Analytics from a “buy” rating to a “hold” rating and cut their price target for the stock from $25.00 to $24.55 in a report on Monday, December 22nd. Weiss Ratings downgraded shares of Clearwater Analytics from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, February 23rd. Finally, William Blair reaffirmed a “market perform” rating on shares of Clearwater Analytics in a report on Monday, December 22nd.

Clearwater Analytics Stock Performance

Shares of Clearwater Analytics stock opened at $23.92 on Wednesday. The company has a 50 day moving average of $23.51 and a 200-day moving average of $21.76. Clearwater Analytics has a 1-year low of $15.73 and a 1-year high of $25.07. 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 company has a market cap of $7.07 billion, a PE ratio of -170.81, a price-to-earnings-growth ratio of 3.31 and a beta of 0.64.

Insider Buying and Selling at Clearwater Analytics

In related news, CTO Souvik Das sold 88,848 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $23.44, for a total value of $2,082,597.12. Following the completion of the transaction, the chief technology officer owned 207,132 shares of the company’s stock, valued at $4,855,174.08. This represents a 30.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Subi Sethi sold 76,689 shares of the 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 transaction, the insider directly owned 365,490 shares of the company’s stock, valued at approximately $8,567,085.60. The trade was a 17.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 780,842 shares of company stock worth $18,360,889 over the last 90 days. 3.31% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Clearwater Analytics

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its stake in Clearwater Analytics by 211.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock valued at $26,000 after purchasing an additional 720 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in Clearwater Analytics in the 4th quarter valued at approximately $26,000. SBI Securities Co. Ltd. lifted its stake in 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 purchasing an additional 1,186 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Clearwater Analytics in the 4th quarter valued at approximately $33,000. Finally, Private Trust Co. NA lifted its stake in Clearwater Analytics by 643.3% in the 4th quarter. Private Trust Co. NA now owns 1,546 shares of the company’s stock valued at $37,000 after purchasing an additional 1,338 shares during the last quarter. 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.