124,889 Shares in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. purchased a new position in Clearwater Analytics Holdings, Inc. (NYSE:CWAN - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 124,889 shares of the company's stock, valued at approximately $3,437,000. Robeco Institutional Asset Management B.V. owned about 0.05% of Clearwater Analytics at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in CWAN. R Squared Ltd acquired a new stake in Clearwater Analytics during the 4th quarter worth $80,000. Moody Aldrich Partners LLC boosted its position in Clearwater Analytics by 32.4% during the fourth quarter. Moody Aldrich Partners LLC now owns 386,424 shares of the company's stock worth $10,634,000 after acquiring an additional 94,454 shares during the last quarter. KBC Group NV boosted its position in Clearwater Analytics by 124.0% during the fourth quarter. KBC Group NV now owns 9,045 shares of the company's stock worth $249,000 after acquiring an additional 5,007 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in Clearwater Analytics by 11.2% during the 4th quarter. Exchange Traded Concepts LLC now owns 5,158 shares of the company's stock valued at $142,000 after acquiring an additional 521 shares in the last quarter. Finally, Zweig DiMenna Associates LLC raised its holdings in Clearwater Analytics by 35.2% in the 4th quarter. Zweig DiMenna Associates LLC now owns 264,600 shares of the company's stock valued at $7,282,000 after acquiring an additional 68,900 shares during the last quarter. 50.10% of the stock is currently owned by hedge funds and other institutional investors.

Clearwater Analytics Trading Up 1.4 %

Shares of NYSE:CWAN traded up $0.40 during mid-day trading on Thursday, reaching $29.07. 1,562,453 shares of the company were exchanged, compared to its average volume of 2,017,477. The firm has a market cap of $7.18 billion, a price-to-earnings ratio of 2,909.41, a P/E/G ratio of 7.57 and a beta of 0.72. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.66 and a quick ratio of 4.66. Clearwater Analytics Holdings, Inc. has a 1 year low of $15.62 and a 1 year high of $35.71. The firm's 50-day simple moving average is $28.41 and its 200 day simple moving average is $26.57.

Insider Transactions at Clearwater Analytics

In related news, CFO James S. Cox sold 18,700 shares of Clearwater Analytics stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $26.94, for a total value of $503,778.00. Following the completion of the transaction, the chief financial officer now owns 279,857 shares in the company, valued at approximately $7,539,347.58. The trade was a 6.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CRO Scott Stanley Erickson sold 3,890 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $31.34, for a total transaction of $121,912.60. Following the sale, the executive now owns 6,373 shares in the company, valued at approximately $199,729.82. This trade represents a 37.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 253,052 shares of company stock worth $7,182,724 over the last ninety days. Company insiders own 4.60% of the company's stock.

Wall Street Analyst Weigh In

CWAN has been the subject of a number of analyst reports. Wells Fargo & Company upped their price target on Clearwater Analytics from $33.00 to $35.00 and gave the company an "overweight" rating in a research report on Thursday, December 5th. Morgan Stanley raised Clearwater Analytics from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $30.00 to $34.00 in a research note on Friday, January 17th. The Goldman Sachs Group boosted their price target on shares of Clearwater Analytics from $20.00 to $22.00 and gave the company a "sell" rating in a research report on Thursday, November 7th. Royal Bank of Canada dropped their price objective on shares of Clearwater Analytics from $36.00 to $30.00 and set an "outperform" rating for the company in a report on Tuesday, January 14th. Finally, DA Davidson raised shares of Clearwater Analytics from a "neutral" rating to a "buy" rating and dropped their price target for the company from $35.00 to $32.00 in a research note on Tuesday, January 14th. 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. According to MarketBeat.com, Clearwater Analytics presently 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.