Swedbank AB Makes New $14.47 Million Investment in Clearwater Analytics Holdings, Inc. $CWAN

Swedbank AB bought a new position in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 600,000 shares of the company’s stock, valued at approximately $14,472,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Cim LLC grew its position in Clearwater Analytics by 0.8% in the 3rd quarter. Cim LLC now owns 66,184 shares of the company’s stock worth $1,193,000 after purchasing an additional 557 shares during the last quarter. Essex Investment Management Co. LLC grew its position in Clearwater Analytics by 54.9% in the 3rd quarter. Essex Investment Management Co. LLC now owns 1,806 shares of the company’s stock worth $33,000 after purchasing an additional 640 shares during the last quarter. Versant Capital Management Inc grew its position in Clearwater Analytics by 189.3% in 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. GAMMA Investing LLC grew its position in Clearwater Analytics by 241.6% in the 4th quarter. GAMMA Investing LLC now owns 1,578 shares of the company’s stock worth $38,000 after purchasing an additional 1,116 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its position in Clearwater Analytics by 109.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,269 shares of the company’s stock worth $55,000 after purchasing an additional 1,184 shares during the last quarter. Institutional investors own 50.10% of the company’s stock.

Clearwater Analytics Stock Up 0.2%

CWAN stock opened at $24.35 on Friday. Clearwater Analytics Holdings, Inc. has a 12 month low of $15.73 and a 12 month high of $25.07. The firm has a market cap of $7.19 billion, a PE ratio of -135.24, a P/E/G ratio of 3.41 and a beta of 0.61. The firm has a 50 day simple moving average of $23.74 and a 200 day simple moving average of $22.63. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.83 and a quick ratio of 1.83.

Clearwater Analytics (NYSE:CWAN) last released its earnings results on Thursday, May 7th. The company reported $0.16 EPS 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 3.19%. The business had revenue of $221.23 million during the quarter, compared to analyst estimates of $214.09 million. During the same period in the prior year, the business earned $0.13 earnings per share. The business’s quarterly revenue was up 74.4% on a year-over-year basis. Equities research analysts forecast that Clearwater Analytics Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

CWAN has been the subject of several recent analyst reports. DA Davidson restated a “neutral” rating and issued a $24.55 target price on shares of Clearwater Analytics in a research report on Thursday, February 19th. Weiss Ratings cut shares of Clearwater Analytics from a “hold (c)” rating to a “sell (d+)” rating in a research report on Monday, February 23rd. Royal Bank Of Canada restated a “sector perform” rating and issued a $24.55 target price (down from $36.00) on shares of Clearwater Analytics in a research report on Wednesday, February 25th. Morgan Stanley restated an “equal weight” rating and issued a $24.55 target price (down from $27.00) on shares of Clearwater Analytics in a research report on Tuesday, January 27th. Finally, UBS Group lowered shares of Clearwater Analytics from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $30.00 to $24.55 in a research note on Monday, January 26th. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $26.17.

Insider Buying and Selling at Clearwater Analytics

In related news, CFO James S. Cox sold 18,700 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $24.07, for a total transaction of $450,109.00. Following the completion of the sale, the chief financial officer directly owned 480,419 shares of the company’s stock, valued at $11,563,685.33. This represents a 3.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Sandeep Sahai sold 51,967 shares of the stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $23.80, for a total transaction of $1,236,814.60. Following the sale, the chief executive officer directly owned 1,415,619 shares of the company’s stock, valued at approximately $33,691,732.20. This represents a 3.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 780,842 shares of company stock valued at $18,358,880. Corporate 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.