Blair William & Co. IL Boosts Holdings in Clearwater Analytics Holdings, Inc. $CWAN

Blair William & Co. IL raised its stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 83.5% during the third quarter, Holdings Channel reports. The fund owned 7,134,647 shares of the company’s stock after buying an additional 3,245,986 shares during the period. Blair William & Co. IL’s holdings in Clearwater Analytics were worth $128,566,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Versant Capital Management Inc increased its stake in shares of Clearwater Analytics by 189.3% during the 3rd quarter. Versant Capital Management Inc now owns 1,565 shares of the company’s stock worth $28,000 after purchasing an additional 1,024 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in Clearwater Analytics by 278.9% during the second quarter. First Horizon Advisors Inc. now owns 1,523 shares of the company’s stock valued at $33,000 after purchasing an additional 1,121 shares during the period. Essex Investment Management Co. LLC grew its stake in shares of Clearwater Analytics by 54.9% during the 3rd quarter. Essex Investment Management Co. LLC now owns 1,806 shares of the company’s stock worth $33,000 after acquiring an additional 640 shares during the period. Hilltop National Bank boosted its position in Clearwater Analytics by 12.6% during the third 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 period. Finally, Covestor Ltd boosted its holdings in Clearwater Analytics by 39.4% in the 3rd quarter. Covestor Ltd now owns 6,111 shares of the company’s stock worth $110,000 after buying an additional 1,728 shares during the period. 50.10% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Wells Fargo & Company lowered Clearwater Analytics from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $27.00 to $24.55 in a report on Thursday, January 8th. William Blair reaffirmed a “market perform” rating on shares of Clearwater Analytics in a report on Monday, December 22nd. Warburg Research set a $24.55 price objective on Clearwater Analytics in a research report on Monday, December 22nd. Loop Capital lowered Clearwater Analytics from a “buy” rating to a “hold” rating and dropped their price objective for the company from $25.00 to $24.55 in a research note on Monday, December 22nd. Finally, Jefferies Financial Group cut Clearwater Analytics to a “hold” rating in a research report on Friday, January 16th. Three equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Clearwater Analytics has an average rating of “Hold” and a consensus price target of $26.17.

Clearwater Analytics Stock Down 0.3%

Shares of CWAN opened at $23.47 on Friday. Clearwater Analytics Holdings, Inc. has a 1 year low of $15.73 and a 1 year high of $29.43. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.83 and a quick ratio of 1.83. The stock has a 50 day simple moving average of $23.81 and a two-hundred day simple moving average of $21.20. The firm has a market cap of $6.93 billion, a P/E ratio of -167.63, a P/E/G ratio of 3.27 and a beta of 0.67.

Insider Transactions at Clearwater Analytics

In related news, CFO James S. Cox sold 93,930 shares of Clearwater Analytics stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.44, for a total value of $2,201,719.20. Following the transaction, the chief financial officer owned 474,114 shares in the company, valued at $11,113,232.16. This trade represents a 16.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CRO Scott Stanley Erickson sold 74,530 shares of the business’s 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 completion of the sale, the executive directly owned 138,630 shares of the company’s stock, valued at $3,249,487.20. This represents a 34.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 1,002,699 shares of company stock worth $23,692,518. Corporate 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.