Capital World Investors Has $141.89 Million Stock Position in Clearwater Analytics Holdings, Inc. $CWAN

Capital World Investors lifted its position in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 55.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,882,816 shares of the company’s stock after buying an additional 2,087,294 shares during the quarter. Capital World Investors’ holdings in Clearwater Analytics were worth $141,894,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Clearwater Analytics by 21.9% in the third quarter. Vanguard Group Inc. now owns 33,261,349 shares of the company’s stock worth $599,370,000 after buying an additional 5,967,798 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Clearwater Analytics by 108.7% in the third quarter. Wellington Management Group LLP now owns 17,793,701 shares of the company’s stock worth $320,642,000 after buying an additional 9,268,950 shares during the last quarter. Wasatch Advisors LP lifted its stake in shares of Clearwater Analytics by 3.0% in the second quarter. Wasatch Advisors LP now owns 9,567,391 shares of the company’s stock worth $209,813,000 after buying an additional 274,664 shares during the last quarter. Bamco Inc. NY lifted its stake in shares of Clearwater Analytics by 25.9% in the third quarter. Bamco Inc. NY now owns 7,675,038 shares of the company’s stock worth $138,304,000 after buying an additional 1,580,323 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Clearwater Analytics in the fourth quarter worth $184,271,000. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Clearwater Analytics news, CTO Souvik Das sold 10,000 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $24.34, for a total transaction of $243,400.00. Following the completion of the sale, the chief technology officer directly owned 190,109 shares of the company’s stock, valued at approximately $4,627,253.06. The trade was a 5.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CRO Scott Stanley Erickson sold 18,790 shares of the business’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total value of $447,202.00. Following the sale, the executive directly owned 155,119 shares of the company’s stock, valued at $3,691,832.20. This represents a 10.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 184,332 shares of company stock worth $4,390,862. Corporate insiders own 3.31% of the company’s stock.

Clearwater Analytics Stock Down 0.1%

CWAN opened at $24.36 on Tuesday. Clearwater Analytics Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $25.07. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.26 and a quick ratio of 2.26. The firm’s fifty day moving average price is $24.17 and its two-hundred day moving average price is $23.54. The company has a market capitalization of $7.27 billion, a P/E ratio of -135.30, a P/E/G ratio of 3.35 and a beta of 0.60.

Clearwater Analytics (NYSE:CWAN) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.16. The firm had revenue of $221.23 million for the quarter, compared to the consensus estimate of $214.09 million. Clearwater Analytics had a negative net margin of 5.88% and a positive return on equity of 3.17%. The business’s revenue was up 74.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.13 earnings per share. On average, analysts anticipate that Clearwater Analytics Holdings, Inc. will post 0.36 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CWAN shares. Royal Bank Of Canada restated a “sector perform” rating and issued a $24.55 price objective (down from $36.00) on shares of Clearwater Analytics in a research note on Wednesday, February 25th. DA Davidson reaffirmed a “neutral” rating and set a $24.55 target price on shares of Clearwater Analytics in a research report on Wednesday, May 20th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Clearwater Analytics in a research report on Friday, May 22nd. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Clearwater Analytics currently has an average rating of “Hold” and an average target price of $26.17.

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.