Clearwater Analytics Holdings, Inc. $CWAN Holdings Lifted by Truist Financial Corp

Truist Financial Corp increased its position in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 247.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,551 shares of the company’s stock after acquiring an additional 44,533 shares during the period. Truist Financial Corp’s holdings in Clearwater Analytics were worth $1,127,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of CWAN. Hilltop National Bank grew its stake in shares of Clearwater Analytics by 12.6% in the 3rd quarter. Hilltop National Bank now owns 5,533 shares of the company’s stock worth $100,000 after purchasing an additional 619 shares during the last quarter. Bessemer Group Inc. boosted its holdings in Clearwater Analytics by 84.6% during the second quarter. Bessemer Group Inc. now owns 1,545 shares of the company’s stock worth $35,000 after buying an additional 708 shares in the last quarter. 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. First Horizon Advisors Inc. grew its position in Clearwater Analytics by 278.9% in the second quarter. First Horizon Advisors Inc. now owns 1,523 shares of the company’s stock worth $33,000 after buying an additional 1,121 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its holdings in shares of Clearwater Analytics by 36.7% in the second quarter. Nisa Investment Advisors LLC now owns 4,288 shares of the company’s stock valued at $94,000 after buying an additional 1,151 shares in the last quarter. 50.10% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on CWAN shares. DA Davidson reissued a “neutral” rating and set a $24.55 price objective (down from $30.00) on shares of Clearwater Analytics in a research note on Friday, January 16th. Warburg Research set a $24.55 target price on Clearwater Analytics in a report on Monday, December 22nd. Morgan Stanley reissued an “equal weight” rating and issued a $24.55 price target (down previously from $27.00) on shares of Clearwater Analytics in a research note on Tuesday, January 27th. Loop Capital lowered shares of Clearwater Analytics from a “buy” rating to a “hold” rating and reduced their price objective for the company from $25.00 to $24.55 in a research note on Monday, December 22nd. Finally, Oppenheimer cut shares of Clearwater Analytics from an “outperform” rating to a “market perform” rating in a report on Monday, December 22nd. Four equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, Clearwater Analytics presently has an average rating of “Hold” and an average price target of $27.21.

Clearwater Analytics Price Performance

NYSE CWAN opened at $23.82 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.97 and a quick ratio of 1.97. The firm has a market capitalization of $6.97 billion, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 3.45 and a beta of 0.66. The company has a 50 day simple moving average of $23.39 and a 200-day simple moving average of $20.77. Clearwater Analytics Holdings, Inc. has a 52-week low of $15.73 and a 52-week high of $32.00.

Insider Buying and Selling

In other news, CTO Souvik Das sold 10,000 shares of the business’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $23.89, for a total transaction of $238,900.00. Following the transaction, the chief technology officer directly owned 128,230 shares in the company, valued at $3,063,414.70. The trade was a 7.23% decrease in their position. 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 on Thursday, January 15th. The stock was sold at an average price of $24.14, for a total value of $451,418.00. Following the sale, the chief financial officer owned 395,697 shares of the company’s stock, valued at approximately $9,552,125.58. This represents a 4.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 457,164 shares of company stock worth $10,829,668. Insiders own 3.31% of the company’s stock.

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.