Tealwood Asset Management Inc. Invests $1.50 Million in Clearwater Analytics Holdings, Inc. $CWAN

Tealwood Asset Management Inc. purchased a new stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 62,121 shares of the company’s stock, valued at approximately $1,498,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Versant Capital Management Inc boosted its holdings in Clearwater Analytics by 189.3% during the third quarter. Versant Capital Management Inc now owns 1,565 shares of the company’s stock worth $28,000 after buying an additional 1,024 shares in the last quarter. GAMMA Investing LLC increased its holdings in Clearwater Analytics by 241.6% in the fourth quarter. GAMMA Investing LLC now owns 1,578 shares of the company’s stock valued at $38,000 after buying an additional 1,116 shares in the last quarter. Essex Investment Management Co. LLC lifted its position in shares of 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 during the period. Danske Bank A S acquired a new stake in shares of Clearwater Analytics during the 3rd quarter valued at approximately $36,000. Finally, FNY Investment Advisers LLC boosted its stake in shares of Clearwater Analytics by 409.9% during the 3rd quarter. FNY Investment Advisers LLC now owns 3,411 shares of the company’s stock worth $61,000 after acquiring an additional 2,742 shares in the last quarter. Institutional investors and hedge funds own 50.10% of the company’s stock.

Insider Activity

In other news, CRO Scott Stanley Erickson sold 74,530 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $23.44, for a total value of $1,746,983.20. Following the completion of the transaction, the executive directly owned 138,630 shares of the company’s stock, valued at $3,249,487.20. The trade was a 34.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Sandeep Sahai sold 233,813 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 $5,480,576.72. Following the completion of the sale, the chief executive officer owned 1,357,138 shares in the company, valued at $31,811,314.72. This represents a 14.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,002,699 shares of company stock worth $23,741,841 in the last quarter. 3.31% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on CWAN. UBS Group cut Clearwater Analytics from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $30.00 to $24.55 in a report on Monday, January 26th. William Blair reaffirmed a “market perform” rating on shares of Clearwater Analytics in a report on Monday, December 22nd. Weiss Ratings lowered Clearwater Analytics from a “hold (c)” rating to a “sell (d+)” rating in a report on Monday, February 23rd. Wall Street Zen cut Clearwater Analytics from a “hold” rating to a “sell” rating in a research report on Saturday, November 22nd. Finally, DA Davidson reaffirmed a “neutral” rating and set a $24.55 price target on shares of Clearwater Analytics in a research note on Thursday, February 19th. Three research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Clearwater Analytics has an average rating of “Hold” and an average price target of $26.17.

Clearwater Analytics Trading Up 0.2%

Shares of CWAN opened at $23.41 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.83 and a quick ratio of 1.83. Clearwater Analytics Holdings, Inc. has a 1-year low of $15.73 and a 1-year high of $27.76. The stock has a market cap of $6.92 billion, a price-to-earnings ratio of -167.17, a price-to-earnings-growth ratio of 3.24 and a beta of 0.67. The firm has a 50 day simple moving average of $23.65 and a 200-day simple moving average of $21.41.

Clearwater Analytics 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.