Inceptionr LLC Purchases New Position in Clearwater Analytics Holdings, Inc. $CWAN

Inceptionr LLC acquired a new position in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) during the second quarter, Holdings Channel reports. The institutional investor acquired 24,369 shares of the company’s stock, valued at approximately $534,000.

Several other large investors have also recently made changes to their positions in the company. FourThought Financial Partners LLC grew its position in Clearwater Analytics by 14.3% during the second quarter. FourThought Financial Partners LLC now owns 43,684 shares of the company’s stock valued at $958,000 after buying an additional 5,477 shares during the period. Elo Mutual Pension Insurance Co boosted its stake in shares of Clearwater Analytics by 74.4% during the 2nd quarter. Elo Mutual Pension Insurance Co now owns 56,125 shares of the company’s stock worth $1,231,000 after acquiring an additional 23,942 shares in the last quarter. Bullseye Asset Management LLC grew its position in shares of Clearwater Analytics by 62.1% during the 2nd quarter. Bullseye Asset Management LLC now owns 185,063 shares of the company’s stock valued at $4,059,000 after acquiring an additional 70,882 shares during the period. Aviso Financial Inc. purchased a new position in shares of Clearwater Analytics in the 2nd quarter valued at about $914,000. Finally, Ameritas Investment Partners Inc. raised its holdings in Clearwater Analytics by 33.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 25,203 shares of the company’s stock worth $553,000 after purchasing an additional 6,281 shares during the period. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CTO Souvik Das sold 5,327 shares of the stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $17.68, for a total value of $94,181.36. Following the completion of the sale, the chief technology officer owned 136,066 shares of the company’s stock, valued at approximately $2,405,646.88. This trade represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Subi Sethi sold 7,434 shares of Clearwater Analytics stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $17.68, for a total value of $131,433.12. Following the transaction, the insider owned 226,980 shares in the company, valued at approximately $4,013,006.40. This represents a 3.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 113,302 shares of company stock worth $2,207,626 in the last 90 days. Corporate insiders own 3.31% of the company’s stock.

Clearwater Analytics Trading Down 1.8%

Shares of CWAN stock opened at $21.74 on Friday. Clearwater Analytics Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $32.34. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.97 and a current ratio of 1.97. The stock’s fifty day moving average is $18.70 and its two-hundred day moving average is $20.50. The firm has a market capitalization of $6.36 billion, a P/E ratio of 14.21, a PEG ratio of 5.72 and a beta of 0.69.

Clearwater Analytics (NYSE:CWAN) last issued its earnings results on Wednesday, November 5th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). The business had revenue of $205.11 million during the quarter, compared to analyst estimates of $203.66 million. Clearwater Analytics had a net margin of 61.28% and a return on equity of 2.77%. Clearwater Analytics’s quarterly revenue was up 77.1% on a year-over-year basis. During the same quarter last year, the company earned $0.14 earnings per share. Clearwater Analytics has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts expect that Clearwater Analytics Holdings, Inc. will post 0.18 earnings per share for the current fiscal year.

Clearwater Analytics declared that its board has authorized a stock repurchase plan on Wednesday, September 3rd that permits the company to repurchase $100.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 1.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Zacks Research raised Clearwater Analytics from a “strong sell” rating to a “hold” rating in a report on Thursday, September 4th. JPMorgan Chase & Co. dropped their price target on shares of Clearwater Analytics from $28.00 to $26.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Morgan Stanley reissued an “overweight” rating and issued a $27.00 price target on shares of Clearwater Analytics in a report on Monday. DA Davidson reaffirmed a “buy” rating and set a $30.00 price objective on shares of Clearwater Analytics in a report on Tuesday, November 18th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $36.00 target price on shares of Clearwater Analytics in a research note on Wednesday, September 17th. Nine analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Clearwater Analytics has an average rating of “Moderate Buy” and an average price target of $29.56.

Clearwater Analytics Profile

Clearwater Analytics Holdings, Inc develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally.