Groupe la Francaise Takes $9.97 Million Position in Clearwater Analytics Holdings, Inc. $CWAN

Groupe la Francaise bought a new position in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 421,568 shares of the company’s stock, valued at approximately $9,970,000. Groupe la Francaise owned approximately 0.14% of Clearwater Analytics at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CWAN. Amundi increased its stake in Clearwater Analytics by 80.0% during the 1st quarter. Amundi now owns 28,177 shares of the company’s stock worth $666,000 after buying an additional 12,527 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Clearwater Analytics by 123.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,367 shares of the company’s stock worth $56,000 after buying an additional 1,306 shares in the last quarter. California State Teachers Retirement System boosted its position in Clearwater Analytics by 23.3% in the 1st quarter. California State Teachers Retirement System now owns 334,997 shares of the company’s stock valued at $7,923,000 after buying an additional 63,398 shares during the last quarter. Quantinno Capital Management LP boosted its position in Clearwater Analytics by 50.2% in the 1st quarter. Quantinno Capital Management LP now owns 92,587 shares of the company’s stock valued at $2,190,000 after buying an additional 30,932 shares during the last quarter. Finally, Polar Asset Management Partners Inc. grew its stake in shares of Clearwater Analytics by 154.7% during the first quarter. Polar Asset Management Partners Inc. now owns 3,622,500 shares of the company’s stock valued at $85,672,000 after acquiring an additional 2,200,000 shares in the last quarter. 50.10% of the stock is currently owned by hedge funds and other institutional investors.

Clearwater Analytics Price Performance

Shares of NYSE:CWAN opened at $24.56 on Friday. The firm’s 50 day moving average is $24.47 and its two-hundred day moving average is $24.05. The firm has a market capitalization of $7.33 billion, a P/E ratio of -136.44, a PEG ratio of 3.37 and a beta of 0.60. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.39. Clearwater Analytics Holdings, Inc. has a 52 week low of $15.73 and a 52 week high of $24.56.

Clearwater Analytics (NYSE:CWAN) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.16 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.16. The business had revenue of $221.23 million during the quarter, compared to the consensus estimate of $214.09 million. Clearwater Analytics had a positive return on equity of 3.17% and a negative net margin of 5.88%.The business’s revenue was up 74.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.13 earnings per share. Analysts anticipate that Clearwater Analytics Holdings, Inc. will post 0.36 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on CWAN. DA Davidson restated a “neutral” rating and set a $24.55 price objective on shares of Clearwater Analytics in a report on Wednesday, May 20th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Clearwater Analytics in a research note on Friday, May 22nd. Two research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $24.98.

Insiders Place Their Bets

In related news, Director D Scott Mackesy sold 633,879 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $24.30, for a total value of $15,403,259.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Souvik Das sold 10,000 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $24.35, for a total transaction of $243,500.00. Following the transaction, the chief technology officer directly owned 180,109 shares in the company, valued at approximately $4,385,654.15. The trade was a 5.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 653,879 shares of company stock worth $15,890,160 over the last three months. Corporate insiders own 3.31% of the company’s stock.

About Clearwater Analytics

Clearwater Analytics LLC is a global provider of web-based investment portfolio accounting, reporting, and analytics solutions. The company’s software-as-a-service platform automates complex processes involved in investment data aggregation, reconciliation, valuation, and regulatory reporting. Serving institutional investors—including insurers, asset managers, corporations, government entities, and asset owners—Clearwater Analytics enables clients to optimize performance visibility, risk management, and operational efficiency.

Founded in 2004 and headquartered in Boise, Idaho, Clearwater Analytics has grown its global footprint with offices across North America, Europe, and the Asia-Pacific region.