Los Angeles Capital Management LLC Has $2.23 Million Holdings in Clearwater Analytics Holdings, Inc. $CWAN

Los Angeles Capital Management LLC grew its holdings in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 179.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 101,730 shares of the company’s stock after acquiring an additional 65,387 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Clearwater Analytics were worth $2,231,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Horizon Advisors Inc. raised its stake in Clearwater Analytics by 278.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,523 shares of the company’s stock valued at $33,000 after purchasing an additional 1,121 shares during the last quarter. Bessemer Group Inc. lifted its stake in shares of Clearwater Analytics by 84.6% in the second quarter. Bessemer Group Inc. now owns 1,545 shares of the company’s stock valued at $35,000 after buying an additional 708 shares during the period. Nvwm LLC acquired a new stake in Clearwater Analytics during the first quarter worth about $46,000. Quarry LP grew its position in Clearwater Analytics by 979.4% during the first quarter. Quarry LP now owns 2,094 shares of the company’s stock worth $56,000 after buying an additional 1,900 shares in the last quarter. Finally, CWM LLC increased its stake in Clearwater Analytics by 714.6% during the first quarter. CWM LLC now owns 3,071 shares of the company’s stock valued at $82,000 after acquiring an additional 2,694 shares during the period. Institutional investors own 50.10% of the company’s stock.

Insider Activity at Clearwater Analytics

In other news, CTO Souvik Das sold 5,327 shares of Clearwater Analytics stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $17.68, for a total value of $94,181.36. Following the completion of the transaction, the chief technology officer owned 136,066 shares in the company, valued at approximately $2,405,646.88. The trade was a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CRO Scott Stanley Erickson sold 4,505 shares of the business’s 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 $79,648.40. Following the completion of the transaction, the executive directly owned 19,552 shares in the company, valued at $345,679.36. The trade was a 18.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 143,602 shares of company stock valued at $2,756,283. Insiders own 3.31% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on CWAN shares. The Goldman Sachs Group raised Clearwater Analytics from a “neutral” rating to a “buy” rating and set a $27.00 price objective on the stock in a report on Monday, August 11th. Zacks Research raised Clearwater Analytics from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 4th. UBS Group lowered their price target on shares of Clearwater Analytics from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. Wall Street Zen upgraded shares of Clearwater Analytics from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $36.00 price objective on shares of Clearwater Analytics in a report on Wednesday, September 17th. Nine investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $30.56.

Clearwater Analytics Stock Up 10.5%

Shares of NYSE CWAN opened at $18.45 on Wednesday. Clearwater Analytics Holdings, Inc. has a 52-week low of $15.73 and a 52-week high of $32.71. 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 business has a fifty day moving average of $18.48 and a two-hundred day moving average of $20.65. The stock has a market cap of $5.40 billion, a PE ratio of 12.06, a PEG ratio of 4.57 and a beta of 0.69.

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

Clearwater Analytics announced that its Board of Directors has approved a stock repurchase program on Wednesday, September 3rd that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to buy up to 1.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

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.