Clearwater Analytics (NYSE:CWAN) Insider Sells $472,620.40 in Stock

Key Points

• Insider sale: Subi Sethi sold 19,858 shares at $23.80 for $472,620.40, trimming their position by 4.87% to 388,256 shares valued at about $9.24 million.
• Multiple C‑suite executives (including the CEO, CTO, CFO and CRO) also sold sizable stakes at $23.80 around the same time, and unusually large put‑option volume suggests increased short/hedge interest that could pressure the stock.
• Governance risk: Scott+Scott launched an investigation into whether the board breached fiduciary duties related to a proposed buyout by Warburg Pincus and Permira, while analysts maintain a consensus "Hold" and an average price target near $26.17.

Clearwater Analytics Holdings, Inc. (NYSE:CWAN - Get Free Report) insider Subi Sethi sold 19,858 shares of the stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total transaction of $472,620.40. Following the completion of the transaction, the insider owned 388,256 shares in the company, valued at $9,240,492.80. This trade represents a 4.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Subi Sethi also recently made the following trade(s):

• On Wednesday, February 18th, Subi Sethi sold 76,689 shares of Clearwater Analytics stock. The shares were sold at an average price of $23.44, for a total transaction of $1,797,590.16.

Clearwater Analytics Stock Performance

CWAN stock traded up $0.01 during midday trading on Thursday, reaching $23.80. 3,977,279 shares of the company's stock traded hands, compared to its average volume of 10,208,298. The company has a current ratio of 1.83, a quick ratio of 1.83 and a debt-to-equity ratio of 0.40. Clearwater Analytics Holdings, Inc. has a 52-week low of $15.73 and a 52-week high of $26.94. The stock has a market cap of $7.03 billion, a P/E ratio of -169.95, a PEG ratio of 3.28 and a beta of 0.64. The stock's 50-day moving average is $23.54 and its 200 day moving average is $21.61.

Analysts Set New Price Targets

A number of brokerages have commented on CWAN. Warburg Research set a $24.55 price target on Clearwater Analytics in a research report on Monday, December 22nd. Morgan Stanley reissued an "equal weight" rating and issued a $24.55 target price (down from $27.00) on shares of Clearwater Analytics in a report on Tuesday, January 27th. Jefferies Financial Group downgraded shares of Clearwater Analytics to a "hold" rating in a report on Friday, January 16th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $24.55 price objective (down from $36.00) on shares of Clearwater Analytics in a research note on Wednesday, February 25th. Finally, DA Davidson restated a "neutral" rating and set a $24.55 target price on shares of Clearwater Analytics in a research note on Thursday, February 19th. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Clearwater Analytics currently has an average rating of "Hold" and an average price target of $26.17.

Trending Headlines about Clearwater Analytics

Here are the key news stories impacting Clearwater Analytics this week:

• Neutral Sentiment: Analysts maintain a consensus "Hold" on CWAN, indicating limited near-term upside from broker views. Clearwater Analytics Holdings, Inc. NYSE: CWAN Receives Consensus Rating of "Hold" from Analysts
• Negative Sentiment: Scott+Scott has opened an investigation into whether Clearwater’s directors breached fiduciary duties related to the proposed buyout by Warburg Pincus and Permira — litigation risk and governance concerns can pressure the stock. CLEARWATER ANALYTICS HOLDINGS, INC. INVESTOR ALERT: Scott+Scott Attorneys at Law LLP Investigates Clearwater Analytics Holdings, Inc.'s Directors for Breach of Fiduciary Duties – CWAN
• Negative Sentiment: Unusually large put-option volume — traders bought ~17,402 puts (≈ +71% vs. normal). This indicates increased short/hedge interest and can add downward pressure on the stock.
• Negative Sentiment: CEO Sandeep Sahai sold 51,967 shares at an average $23.80 (≈ $1.24M). Insider selling from the CEO can be read as a negative signal by investors. SEC Filing – Sandeep Sahai Sale
• Negative Sentiment: Insider Subi Sethi sold 19,858 shares at $23.80; position reduced ~4.87%. SEC Filing – Subi Sethi Sale
• Negative Sentiment: CTO Souvik Das sold 14,686 shares at $23.80 (≈6.5% reduction). SEC Filing – Souvik Das Sale
• Negative Sentiment: CFO James S. Cox sold 21,631 shares at $23.80 (≈4.3% reduction). SEC Filing – James S. Cox Sale
• Negative Sentiment: CRO Scott Stanley Erickson sold 18,790 shares at $23.80 (≈10.8% reduction). Multiple C‑suite sell-offs in the same day amplify the negative signal. SEC Filing – Scott Stanley Erickson Sale

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Starboard Value LP purchased a new position in shares of Clearwater Analytics during the fourth quarter valued at about $240,212,000. Wellington Management Group LLP lifted its position in shares of Clearwater Analytics by 108.7% in the third quarter. Wellington Management Group LLP now owns 17,793,701 shares of the company's stock worth $320,642,000 after buying an additional 9,268,950 shares in the last quarter. Norges Bank purchased a new stake in shares of Clearwater Analytics in the fourth quarter worth about $184,271,000. Vanguard Group Inc. boosted its stake in Clearwater Analytics by 21.9% during the third quarter. Vanguard Group Inc. now owns 33,261,349 shares of the company's stock valued at $599,370,000 after buying an additional 5,967,798 shares during the last quarter. Finally, Hood River Capital Management LLC bought a new position in Clearwater Analytics during the second quarter valued at approximately $99,105,000. Institutional investors own 50.10% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.