Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 50,000 Shares of Clearwater Analytics Holdings, Inc. $CWAN

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 100.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 100,000 shares of the company’s stock after purchasing an additional 50,000 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Clearwater Analytics were worth $2,365,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its position in shares of Clearwater Analytics by 211.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock worth $26,000 after purchasing an additional 720 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in Clearwater Analytics in the fourth quarter valued at about $26,000. SBI Securities Co. Ltd. boosted its holdings in Clearwater Analytics by 627.5% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,375 shares of the company’s stock worth $33,000 after buying an additional 1,186 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Clearwater Analytics during the fourth quarter worth about $33,000. Finally, Private Trust Co. NA grew its position in shares of Clearwater Analytics by 643.3% during the 4th quarter. Private Trust Co. NA now owns 1,546 shares of the company’s stock worth $37,000 after buying an additional 1,338 shares during the period. Institutional investors and hedge funds own 50.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on CWAN shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Clearwater Analytics in a research note on Friday, May 22nd. DA Davidson reissued a “neutral” rating and set a $24.55 price objective on shares of Clearwater Analytics in a research note on Wednesday, May 20th. Two research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Clearwater Analytics has a consensus rating of “Hold” and an average price target of $24.98.

Insider Transactions at Clearwater Analytics

In related news, Director D Scott Mackesy sold 633,879 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $24.30, for a total transaction of $15,403,259.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Souvik Das sold 10,000 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $24.35, for a total value of $243,500.00. Following the sale, the chief technology officer directly owned 180,109 shares of the company’s stock, valued at approximately $4,385,654.15. The trade was a 5.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 653,879 shares of company stock worth $15,890,160. 3.31% of the stock is currently owned by insiders.

Clearwater Analytics Stock Performance

Shares of Clearwater Analytics stock opened at $24.56 on Friday. The company has a market capitalization of $7.33 billion, a PE ratio of -136.44, a PEG ratio of 3.37 and a beta of 0.60. Clearwater Analytics Holdings, Inc. has a 12 month low of $15.73 and a 12 month high of $24.56. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.39. The stock’s fifty day simple moving average is $24.43 and its 200 day simple moving average is $24.02.

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

Clearwater Analytics Profile

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.