Clearwater Analytics Holdings, Inc. (NYSE:CWAN) is Moody Aldrich Partners LLC's 3rd Largest Position

Moody Aldrich Partners LLC increased its stake in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN - Free Report) by 32.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 386,424 shares of the company's stock after purchasing an additional 94,454 shares during the quarter. Clearwater Analytics accounts for approximately 2.0% of Moody Aldrich Partners LLC's holdings, making the stock its 3rd biggest position. Moody Aldrich Partners LLC owned approximately 0.16% of Clearwater Analytics worth $10,634,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CWAN. Chartwell Investment Partners LLC lifted its holdings in Clearwater Analytics by 0.8% in the third quarter. Chartwell Investment Partners LLC now owns 48,827 shares of the company's stock valued at $1,233,000 after acquiring an additional 395 shares during the period. GAMMA Investing LLC increased its holdings in shares of Clearwater Analytics by 57.4% in the 4th quarter. GAMMA Investing LLC now owns 1,284 shares of the company's stock valued at $35,000 after purchasing an additional 468 shares in the last quarter. Exchange Traded Concepts LLC lifted its stake in shares of Clearwater Analytics by 11.2% in the fourth quarter. Exchange Traded Concepts LLC now owns 5,158 shares of the company's stock valued at $142,000 after purchasing an additional 521 shares during the period. IHT Wealth Management LLC boosted its holdings in Clearwater Analytics by 5.5% during the third quarter. IHT Wealth Management LLC now owns 11,416 shares of the company's stock worth $288,000 after buying an additional 598 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its holdings in shares of Clearwater Analytics by 38.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 3,574 shares of the company's stock worth $90,000 after acquiring an additional 995 shares during the period. 50.10% of the stock is owned by institutional investors and hedge funds.

Clearwater Analytics Trading Down 1.0 %

CWAN traded down $0.29 during trading on Friday, hitting $28.18. The company's stock had a trading volume of 1,322,884 shares, compared to its average volume of 1,950,500. Clearwater Analytics Holdings, Inc. has a twelve month low of $15.62 and a twelve month high of $35.71. The firm's 50 day moving average price is $28.66 and its 200-day moving average price is $26.37. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.66 and a quick ratio of 4.66. The stock has a market cap of $6.96 billion, a PE ratio of 2,820.82, a PEG ratio of 7.71 and a beta of 0.72.

Insider Activity at Clearwater Analytics

In other Clearwater Analytics news, CRO Scott Stanley Erickson sold 3,890 shares of the business's stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $31.34, for a total transaction of $121,912.60. Following the completion of the sale, the executive now owns 6,373 shares of the company's stock, valued at approximately $199,729.82. The trade was a 37.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sandeep Sahai sold 50,000 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $25.89, for a total transaction of $1,294,500.00. Following the sale, the chief executive officer now directly owns 615,855 shares of the company's stock, valued at approximately $15,944,485.95. This trade represents a 7.51 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 253,052 shares of company stock worth $7,182,724. 4.60% of the stock is currently owned by insiders.

Analyst Ratings Changes

CWAN has been the topic of a number of research analyst reports. The Goldman Sachs Group boosted their target price on Clearwater Analytics from $20.00 to $22.00 and gave the stock a "sell" rating in a research report on Thursday, November 7th. Wells Fargo & Company increased their price objective on shares of Clearwater Analytics from $33.00 to $35.00 and gave the company an "overweight" rating in a research note on Thursday, December 5th. DA Davidson upgraded shares of Clearwater Analytics from a "neutral" rating to a "buy" rating and cut their target price for the stock from $35.00 to $32.00 in a research report on Tuesday, January 14th. JPMorgan Chase & Co. upgraded shares of Clearwater Analytics from a "neutral" rating to an "overweight" rating and increased their price target for the company from $23.00 to $33.00 in a research report on Thursday, November 7th. Finally, Morgan Stanley upgraded Clearwater Analytics from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $30.00 to $34.00 in a research report on Friday, January 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, Clearwater Analytics currently has an average rating of "Moderate Buy" and an average target price of $31.33.

About Clearwater Analytics

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.