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

Tealwood Asset Management Inc. acquired a new position in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 62,121 shares of the company’s stock, valued at approximately $1,498,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CWAN. Hillsdale Investment Management Inc. raised its position in Clearwater Analytics by 28.0% during the second quarter. Hillsdale Investment Management Inc. now owns 190,950 shares of the company’s stock valued at $4,188,000 after purchasing an additional 41,800 shares in the last quarter. Segall Bryant & Hamill LLC raised its position in Clearwater Analytics by 20.4% in the second quarter. Segall Bryant & Hamill LLC now owns 384,634 shares of the company’s stock valued at $8,435,000 after purchasing an additional 65,141 shares during the last quarter. Swiss National Bank grew its holdings in shares of Clearwater Analytics by 8.2% during the second quarter. Swiss National Bank now owns 447,996 shares of the company’s stock worth $9,825,000 after purchasing an additional 33,896 shares during the last quarter. New York State Common Retirement Fund boosted its position in Clearwater Analytics by 20.0% during the 2nd quarter. New York State Common Retirement Fund now owns 1,639,265 shares of the company’s stock worth $35,949,000 after buying an additional 273,614 shares during the period. Finally, Soros Fund Management LLC bought a new stake in Clearwater Analytics during the 2nd quarter worth approximately $2,741,000. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Clearwater Analytics Stock Up 0.2%

Clearwater Analytics stock opened at $23.41 on Friday. The firm has a 50 day moving average price of $23.65 and a 200-day moving average price of $21.41. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.40. Clearwater Analytics Holdings, Inc. has a twelve month low of $15.73 and a twelve month high of $27.76. The company has a market capitalization of $6.92 billion, a P/E ratio of -167.17, a P/E/G ratio of 3.24 and a beta of 0.67.

Analyst Ratings Changes

A number of research firms recently weighed in on CWAN. Jefferies Financial Group downgraded Clearwater Analytics to a “hold” rating in a report on Friday, January 16th. 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 research report on Thursday, January 8th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $24.55 target price (down from $27.00) on shares of Clearwater Analytics in a research report on Tuesday, January 27th. Oppenheimer downgraded shares of Clearwater Analytics from an “outperform” rating to a “market perform” rating in a report on Monday, December 22nd. Finally, Wall Street Zen downgraded Clearwater Analytics from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Three equities research 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 data from MarketBeat, Clearwater Analytics currently has a consensus rating of “Hold” and a consensus target price of $26.17.

Insider Buying and Selling

In other Clearwater Analytics news, CRO Scott Stanley Erickson sold 74,530 shares of the 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO James S. Cox sold 18,700 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $23.33, for a total value of $436,271.00. Following the sale, the chief financial officer directly owned 469,114 shares in the company, valued at $10,944,429.62. This trade represents a 3.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,002,699 shares of company stock valued at $23,741,841. Corporate insiders own 3.31% of the company’s stock.

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.