Norwood Investment Partners LP Buys 151,431 Shares of Clearwater Analytics Holdings, Inc. $CWAN

Key Points

• Norwood Investment Partners LP raised its stake in Clearwater Analytics (NYSE:CWAN) by 21.6%, buying 151,431 shares to hold 853,531 shares (its second-largest position), representing about 0.29% of the company valued at $15.38 million.
• Company insiders — including the CRO and CFO — sold substantial stock, with insiders disposing of 1,002,699 shares worth approximately $23.69 million in the last quarter, leaving insiders with a 3.31% holding.
• CWAN trades near $23.55 with a market cap of $6.96 billion and a negative P/E (-168.2); the consensus analyst view is an average "Hold" rating with a $26.17 average price target.

Norwood Investment Partners LP grew its stake in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN - Free Report) by 21.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 853,531 shares of the company's stock after buying an additional 151,431 shares during the quarter. Clearwater Analytics comprises 13.2% of Norwood Investment Partners LP's holdings, making the stock its 2nd biggest position. Norwood Investment Partners LP owned about 0.29% of Clearwater Analytics worth $15,381,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Cresset Asset Management LLC bought a new stake in Clearwater Analytics during the third quarter worth approximately $187,000. Deepwater Asset Management LLC acquired a new position in shares of Clearwater Analytics during the 3rd quarter valued at $12,265,000. Legato Capital Management LLC increased its position in shares of Clearwater Analytics by 84.3% during the 3rd quarter. Legato Capital Management LLC now owns 26,096 shares of the company's stock valued at $470,000 after purchasing an additional 11,934 shares during the period. Segall Bryant & Hamill LLC raised its stake in shares of Clearwater Analytics by 2.5% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 394,353 shares of the company's stock worth $7,106,000 after buying an additional 9,719 shares in the last quarter. Finally, 111 Capital acquired a new stake in shares of Clearwater Analytics in the third quarter valued at $270,000. Institutional investors and hedge funds own 50.10% of the company's stock.

Clearwater Analytics Stock Performance

Shares of CWAN opened at $23.55 on Thursday. The company has a 50-day moving average of $23.83 and a two-hundred day moving average of $21.16. The stock has a market cap of $6.96 billion, a price-to-earnings ratio of -168.20, a PEG ratio of 3.26 and a beta of 0.67. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.83 and a quick ratio of 1.83. Clearwater Analytics Holdings, Inc. has a one year low of $15.73 and a one year high of $30.85.

Insiders Place Their Bets

In other Clearwater Analytics news, CRO Scott Stanley Erickson sold 74,530 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.44, for a total transaction of $1,746,983.20. Following the sale, the executive directly owned 138,630 shares of the company's stock, valued at $3,249,487.20. The trade was a 34.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO James S. Cox sold 93,930 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.44, for a total value of $2,201,719.20. Following the completion of the sale, the chief financial officer owned 474,114 shares of the company's stock, valued at $11,113,232.16. The trade was a 16.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,002,699 shares of company stock worth $23,692,518 in the last quarter. Corporate insiders own 3.31% of the company's stock.

Analyst Upgrades and Downgrades

CWAN has been the topic of several research reports. Morgan Stanley reiterated an "equal weight" rating and issued a $24.55 price target (down from $27.00) on shares of Clearwater Analytics in a research report on Tuesday, January 27th. William Blair reaffirmed a "market perform" rating on shares of Clearwater Analytics in a research note on Monday, December 22nd. Oppenheimer downgraded shares of Clearwater Analytics from an "outperform" rating to a "market perform" rating in a report on Monday, December 22nd. Wall Street Zen cut shares of Clearwater Analytics from a "hold" rating to a "sell" rating in a report on Saturday, November 22nd. Finally, JPMorgan Chase & Co. dropped their price target on Clearwater Analytics from $28.00 to $26.00 and set an "overweight" rating on the stock in a report on Thursday, November 6th. Three investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $26.17.

Clearwater Analytics Company 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.

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