Insider Selling: Clearwater Analytics (NYSE:CWAN) CRO Sells 74,530 Shares of Stock

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) CRO Scott Stanley Erickson sold 74,530 shares of Clearwater Analytics stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $23.44, for a total transaction of $1,746,983.20. Following the sale, the executive owned 138,630 shares in the company, valued at $3,249,487.20. This represents a 34.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Scott Stanley Erickson also recently made the following trade(s):

• On Wednesday, December 31st, Scott Stanley Erickson sold 4,454 shares of Clearwater Analytics stock. The stock was sold at an average price of $24.08, for a total value of $107,252.32.
• On Thursday, January 1st, Scott Stanley Erickson sold 44,386 shares of Clearwater Analytics stock. The shares were sold at an average price of $24.09, for a total value of $1,069,258.74.

Clearwater Analytics Stock Performance

Shares of NYSE CWAN traded down $0.03 during trading hours on Friday, reaching $23.30. The stock had a trading volume of 10,028,900 shares, compared to its average volume of 14,593,130. The firm has a market cap of $6.82 billion, a price-to-earnings ratio of -166.39, a PEG ratio of 3.34 and a beta of 0.66. Clearwater Analytics Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $31.90. The firm has a 50-day moving average of $23.68 and a 200-day moving average of $20.90. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.42.

Key Stories Impacting Clearwater Analytics

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

• Positive Sentiment: Significant institutional backing remains — large managers (Vanguard, Wellington, T. Rowe, plus a new Starboard stake) have recently increased or established positions, which supports longer‑term demand for the stock. MarketBeat CWAN overview
• Neutral Sentiment: DA Davidson reaffirmed a “neutral” rating with a $24.55 price target (only modest upside from current levels), signaling analyst views are cautious/steady rather than bullish. DA Davidson note via TickerReport
• Neutral Sentiment: Coverage of Q4 results and key metrics is mixed — earnings writeups (Zacks, SeattlePI, Yahoo valuation pieces) highlight some operational momentum but leave room for interpretation vs. estimates, so the report did not clearly swing sentiment. Zacks Q4 earnings coverage
• Negative Sentiment: Large insider sales by top executives on Feb. 17–18: CEO Sandeep Sahai, CTO Souvik Das, CFO James Cox, CRO Scott Erickson and another insider each sold substantial blocks (~tens to hundreds of thousands of shares), trimming ownership by double‑digit percentages — this volume can pressure near‑term sentiment even if sales are preplanned. SEC filing (example CEO sale)
• Negative Sentiment: Kaskela Law announced an investigation into whether the recently proposed shareholder buyout price is fair, which raises legal/transactional risk and could complicate or reprice the deal for investors. Litigation or a negotiated raise in price would be material. GlobeNewswire: Kaskela investigation

Analyst Ratings Changes

Several brokerages have issued reports on CWAN. Loop Capital downgraded shares of Clearwater Analytics from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $25.00 to $24.55 in a research report on Monday, December 22nd. Oppenheimer cut shares of Clearwater Analytics from an “outperform” rating to a “market perform” rating in a research note on Monday, December 22nd. Weiss Ratings restated a “hold (c)” rating on shares of Clearwater Analytics in a research note on Monday, December 29th. Jefferies Financial Group lowered shares of Clearwater Analytics to a “hold” rating in a research note on Friday, January 16th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $24.55 price objective (down previously from $27.00) on shares of Clearwater Analytics in a research report on Tuesday, January 27th. Four research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Clearwater Analytics presently has a consensus rating of “Hold” and an average price target of $27.21.

Hedge Funds Weigh In On Clearwater Analytics

Several hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its holdings in Clearwater Analytics by 211.1% in the fourth 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 purchased a new stake in shares of Clearwater Analytics in the 4th quarter worth about $26,000. Versant Capital Management Inc grew its stake in Clearwater Analytics by 189.3% in the 3rd quarter. Versant Capital Management Inc now owns 1,565 shares of the company’s stock valued at $28,000 after acquiring an additional 1,024 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in Clearwater Analytics by 278.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,523 shares of the company’s stock valued at $33,000 after acquiring an additional 1,121 shares in the last quarter. Finally, Essex Investment Management Co. LLC increased its holdings in Clearwater Analytics by 54.9% during the 3rd quarter. Essex Investment Management Co. LLC now owns 1,806 shares of the company’s stock valued at $33,000 after acquiring an additional 640 shares in the last quarter. 50.10% of the stock is owned by institutional investors and hedge funds.

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.