Caxton Associates LLP Has $42.34 Million Stake in Clearwater Analytics Holdings, Inc. $CWAN

Caxton Associates LLP boosted its holdings in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 218.1% in the first quarter, Holdings Channel reports. The firm owned 1,790,121 shares of the company’s stock after purchasing an additional 1,227,423 shares during the quarter. Clearwater Analytics comprises about 1.0% of Caxton Associates LLP’s holdings, making the stock its 20th biggest position. Caxton Associates LLP’s holdings in Clearwater Analytics were worth $42,336,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CWAN. EverSource Wealth Advisors LLC boosted its stake in shares of Clearwater Analytics by 211.1% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock worth $26,000 after buying an additional 720 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Clearwater Analytics in the fourth quarter valued at about $26,000. SBI Securities Co. Ltd. increased its position in shares of Clearwater Analytics by 627.5% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,375 shares of the company’s stock valued at $33,000 after acquiring an additional 1,186 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Clearwater Analytics during the fourth quarter worth about $33,000. Finally, Danske Bank A S bought a new stake in Clearwater Analytics during the third quarter worth about $36,000. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Clearwater Analytics Stock Performance

Shares of CWAN stock opened at $24.56 on Friday. Clearwater Analytics Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $24.56. The company has a market capitalization of $7.33 billion, a price-to-earnings ratio of -136.44, a PEG ratio of 3.37 and a beta of 0.60. The company has a 50-day simple moving average of $24.45 and a 200 day simple moving average of $24.03. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.26 and a current ratio of 2.26.

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

Insider Buying and Selling

In other news, CTO Souvik Das sold 10,000 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $24.35, for a total transaction of $243,500.00. Following the transaction, the chief technology officer owned 180,109 shares in the company, valued at approximately $4,385,654.15. This trade represents a 5.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director D Scott Mackesy sold 633,879 shares of Clearwater Analytics stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $24.30, for a total value of $15,403,259.70. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 653,879 shares of company stock worth $15,890,160. 3.31% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on CWAN shares. Weiss Ratings restated a “sell (d+)” rating on shares of Clearwater Analytics in a research note on Friday, May 22nd. DA Davidson reiterated a “neutral” rating and set a $24.55 price objective on shares of Clearwater Analytics in a research note on Wednesday, May 20th. Two equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $24.98.

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.