14,766 Shares in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Acquired by Impact Capital Partners LLC

Impact Capital Partners LLC bought a new stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,766 shares of the company's stock, valued at approximately $406,000.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC raised its stake in shares of Clearwater Analytics by 57.4% in the fourth quarter. GAMMA Investing LLC now owns 1,284 shares of the company's stock worth $35,000 after buying an additional 468 shares during the period. Arcadia Investment Management Corp MI bought a new position in shares of Clearwater Analytics in the fourth quarter worth about $57,000. R Squared Ltd bought a new position in shares of Clearwater Analytics in the fourth quarter worth about $80,000. Nisa Investment Advisors LLC raised its stake in shares of Clearwater Analytics by 174.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 3,128 shares of the company's stock worth $86,000 after buying an additional 1,987 shares during the period. Finally, OFI Invest Asset Management bought a new position in shares of Clearwater Analytics in the fourth quarter worth about $88,000. Institutional investors own 50.10% of the company's stock.

Analyst Upgrades and Downgrades

CWAN has been the topic of several recent research reports. Wells Fargo & Company raised their price objective on Clearwater Analytics from $35.00 to $37.00 and gave the stock an "overweight" rating in a research note on Thursday, February 20th. Piper Sandler raised Clearwater Analytics from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $28.00 to $36.00 in a research note on Thursday, February 20th. Royal Bank of Canada increased their target price on Clearwater Analytics from $30.00 to $36.00 and gave the stock an "outperform" rating in a research report on Thursday, February 20th. UBS Group increased their target price on Clearwater Analytics from $36.00 to $38.00 and gave the stock a "buy" rating in a research report on Thursday, February 20th. Finally, Morgan Stanley reiterated an "overweight" rating and set a $36.00 target price (up previously from $34.00) on shares of Clearwater Analytics in a research report on Friday, February 21st. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $33.80.

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Insider Buying and Selling at Clearwater Analytics

In other news, CFO James S. Cox sold 18,700 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $26.58, for a total value of $497,046.00. Following the completion of the sale, the chief financial officer now directly owns 358,502 shares of the company's stock, valued at $9,528,983.16. This trade represents a 4.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sandeep Sahai sold 50,000 shares of the firm's stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $27.63, for a total value of $1,381,500.00. Following the completion of the sale, the chief executive officer now directly owns 615,855 shares of the company's stock, valued at $17,016,073.65. The trade was a 7.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 644,510 shares of company stock worth $18,688,862 in the last quarter. 4.60% of the stock is owned by corporate insiders.

Clearwater Analytics Price Performance

NYSE CWAN traded up $0.02 during trading on Tuesday, hitting $26.61. 2,419,844 shares of the stock traded hands, compared to its average volume of 2,567,008. The company has a market capitalization of $6.68 billion, a P/E ratio of 16.03, a price-to-earnings-growth ratio of 8.23 and a beta of 0.69. The firm has a 50-day simple moving average of $28.30 and a 200-day simple moving average of $27.76. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.10. Clearwater Analytics Holdings, Inc. has a 12-month low of $15.62 and a 12-month high of $35.71.

Clearwater Analytics (NYSE:CWAN - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.07). The firm had revenue of $126.47 million for the quarter, compared to analysts' expectations of $120.34 million. Clearwater Analytics had a net margin of 93.97% and a return on equity of 7.11%. As a group, analysts predict that Clearwater Analytics Holdings, Inc. will post 0.18 EPS for the current year.

Clearwater Analytics Company 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.