15,552 Shares in Clearwater Analytics Holdings, Inc. $CWAN Bought by Eisler Capital Management Ltd.

Eisler Capital Management Ltd. purchased a new stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) during the second quarter, according to its most recent filing with the SEC. The fund purchased 15,552 shares of the company’s stock, valued at approximately $341,000.

Several other hedge funds have also bought and sold shares of the stock. First Horizon Advisors Inc. grew its position in shares of Clearwater Analytics by 278.9% during the second 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 in the last quarter. Bessemer Group Inc. boosted its stake in Clearwater Analytics by 84.6% during 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 last quarter. Quarry LP grew its holdings in Clearwater Analytics by 979.4% during the 1st quarter. Quarry LP now owns 2,094 shares of the company’s stock valued at $56,000 after buying an additional 1,900 shares in the last quarter. CWM LLC increased its stake in Clearwater Analytics by 714.6% in the 1st quarter. CWM LLC now owns 3,071 shares of the company’s stock worth $82,000 after acquiring an additional 2,694 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in shares of Clearwater Analytics by 36.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 4,288 shares of the company’s stock worth $94,000 after acquiring an additional 1,151 shares in the last quarter. Hedge funds and other institutional investors own 50.10% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on CWAN shares. Zacks Research raised shares of Clearwater Analytics from a “strong sell” rating to a “hold” rating in a report on Thursday, September 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Clearwater Analytics in a research note on Wednesday, November 19th. JPMorgan Chase & Co. reduced their target price on shares of Clearwater Analytics from $28.00 to $26.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. UBS Group lowered their price target on shares of Clearwater Analytics from $35.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Finally, DA Davidson reiterated a “buy” rating and issued a $30.00 price target on shares of Clearwater Analytics in a research report on Tuesday, November 18th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $29.56.

Insider Buying and Selling at Clearwater Analytics

In related news, CTO Souvik Das sold 10,000 shares of the business’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $20.57, for a total transaction of $205,700.00. Following the completion of the transaction, the chief technology officer owned 121,549 shares in the company, valued at $2,500,262.93. The trade was a 7.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sandeep Sahai sold 16,592 shares of the stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $17.68, for a total value of $293,346.56. Following the completion of the sale, the chief executive officer owned 913,600 shares in the company, valued at approximately $16,152,448. The trade was a 1.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 83,602 shares of company stock valued at $1,554,226. 3.31% of the stock is owned by company insiders.

Clearwater Analytics Trading Up 0.6%

Shares of CWAN opened at $21.70 on Tuesday. The company’s fifty day simple moving average is $18.54 and its 200-day simple moving average is $20.49. The company has a market cap of $6.35 billion, a P/E ratio of 14.18, a P/E/G ratio of 5.68 and a beta of 0.69. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.42. Clearwater Analytics Holdings, Inc. has a twelve month low of $15.73 and a twelve month high of $32.71.

Clearwater Analytics (NYSE:CWAN) last released its quarterly 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 firm had revenue of $205.11 million for the quarter, compared to analysts’ expectations of $203.66 million. Clearwater Analytics had a return on equity of 2.77% and a net margin of 61.28%.During the same period in the prior year, the firm posted $0.14 earnings per share. Clearwater Analytics’s revenue for the quarter was up 77.1% on a year-over-year basis. Clearwater Analytics has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, analysts expect that Clearwater Analytics Holdings, Inc. will post 0.18 EPS for the current year.

Clearwater Analytics declared that its board has approved a share buyback program on Wednesday, September 3rd that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 1.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

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.