1,258,900 Shares in Clearwater Analytics Holdings, Inc. $CWAN Bought by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) during the first quarter, according to its most recent filing with the SEC. The firm acquired 1,258,900 shares of the company’s stock, valued at approximately $29,773,000. Healthcare of Ontario Pension Plan Trust Fund owned about 0.43% of Clearwater Analytics at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake in shares of Clearwater Analytics by 211.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock worth $26,000 after acquiring an additional 720 shares during the period. Los Angeles Capital Management LLC acquired a new position in shares of Clearwater Analytics during the fourth quarter worth about $26,000. SBI Securities Co. Ltd. raised its holdings in Clearwater Analytics by 627.5% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,375 shares of the company’s stock worth $33,000 after purchasing an additional 1,186 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Clearwater Analytics in the fourth quarter valued at about $33,000. Finally, Private Trust Co. NA boosted its holdings in Clearwater Analytics by 643.3% in the 4th quarter. Private Trust Co. NA now owns 1,546 shares of the company’s stock valued at $37,000 after purchasing an additional 1,338 shares in the last quarter. Hedge funds and other institutional investors own 50.10% of the company’s stock.

Insider Transactions at Clearwater Analytics

In other Clearwater Analytics news, CTO Souvik Das sold 10,000 shares of the business’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $24.35, for a total value of $243,500.00. Following the completion of the transaction, the chief technology officer directly owned 180,109 shares in the company, valued at approximately $4,385,654.15. The trade was a 5.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director D Scott Mackesy sold 633,879 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $24.30, for a total value of $15,403,259.70. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 653,879 shares of company stock valued at $15,890,160. Insiders own 3.31% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on CWAN. DA Davidson reiterated a “neutral” rating and set a $24.55 target price on shares of Clearwater Analytics in a research report on Wednesday, May 20th. Weiss Ratings reissued a “sell (d+)” rating on shares of Clearwater Analytics in a report on Friday, May 22nd. Two analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $24.98.

Clearwater Analytics Stock Performance

NYSE CWAN opened at $24.56 on Monday. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.39. Clearwater Analytics Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $24.56. The business has a fifty day moving average of $24.45 and a 200-day moving average of $24.04. The stock has a market cap of $7.33 billion, a price-to-earnings ratio of -136.44, a price-to-earnings-growth ratio of 3.37 and a beta of 0.60.

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

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.