Clearwater Analytics Holdings, Inc. $CWAN Shares Sold by Norwood Investment Partners LP

Norwood Investment Partners LP lessened its holdings in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 81.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 159,000 shares of the company’s stock after selling 694,531 shares during the quarter. Clearwater Analytics comprises about 4.3% of Norwood Investment Partners LP’s investment portfolio, making the stock its 10th largest position. Norwood Investment Partners LP’s holdings in Clearwater Analytics were worth $3,835,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of CWAN. EverSource Wealth Advisors LLC boosted its position in Clearwater Analytics by 211.1% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock valued at $26,000 after purchasing an additional 720 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Clearwater Analytics during the fourth quarter valued at $26,000. SBI Securities Co. Ltd. boosted its position in Clearwater Analytics by 627.5% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,375 shares of the company’s stock valued at $33,000 after purchasing an additional 1,186 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Clearwater Analytics during the fourth quarter valued at $33,000. Finally, Danske Bank A S acquired a new stake in Clearwater Analytics during the third quarter valued at $36,000. Institutional investors and hedge funds own 50.10% of the company’s stock.

Clearwater Analytics Price Performance

NYSE CWAN opened at $24.25 on Wednesday. Clearwater Analytics Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $24.43. The stock’s 50-day moving average is $24.25 and its two-hundred day moving average is $23.66. 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 has a market cap of $7.24 billion, a P/E ratio of -134.69, a price-to-earnings-growth ratio of 3.33 and a beta of 0.60.

Clearwater Analytics (NYSE:CWAN) last posted its 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 positive return on equity of 3.17% and a negative net margin of 5.88%.The company had revenue of $221.23 million for the quarter, compared to analyst estimates of $214.09 million. During the same period last year, the company earned $0.13 earnings per share. The business’s revenue was up 74.4% compared to the same quarter last year. On average, analysts anticipate that Clearwater Analytics Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on CWAN shares. Weiss Ratings reissued a “sell (d+)” rating on shares of Clearwater Analytics in a research report on Friday, May 22nd. Royal Bank Of Canada reissued a “sector perform” rating and set a $24.55 price objective (down from $36.00) on shares of Clearwater Analytics in a research report on Wednesday, February 25th. Finally, DA Davidson reissued a “neutral” rating and set a $24.55 price objective on shares of Clearwater Analytics in a research report on Wednesday, May 20th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $25.19.

Insider Activity at Clearwater Analytics

In other Clearwater Analytics news, CEO Sandeep Sahai sold 51,967 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total transaction of $1,236,814.60. Following the transaction, the chief executive officer directly owned 1,415,619 shares in the company, valued at $33,691,732.20. This trade represents a 3.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Subi Sethi sold 19,858 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $23.80, for a total value of $472,620.40. Following the transaction, the insider owned 388,256 shares in the company, valued at approximately $9,240,492.80. This trade represents a 4.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 175,632 shares of company stock valued at $4,198,091. Insiders own 3.31% of the company’s stock.

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.