Tudor Investment Corp ET AL Sells 1,315,617 Shares of Clearwater Analytics Holdings, Inc. $CWAN

Tudor Investment Corp ET AL cut its stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 90.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,772 shares of the company’s stock after selling 1,315,617 shares during the period. Tudor Investment Corp ET AL’s holdings in Clearwater Analytics were worth $2,393,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Swiss National Bank raised its position in shares of Clearwater Analytics by 8.2% in the 2nd quarter. Swiss National Bank now owns 447,996 shares of the company’s stock valued at $9,825,000 after buying an additional 33,896 shares in the last quarter. New York State Common Retirement Fund increased its stake in shares of Clearwater Analytics by 20.0% in the 2nd quarter. New York State Common Retirement Fund now owns 1,639,265 shares of the company’s stock valued at $35,949,000 after purchasing an additional 273,614 shares during the last quarter. Soros Fund Management LLC bought a new stake in shares of Clearwater Analytics during the 2nd quarter worth $2,741,000. WCM Investment Management LLC acquired a new stake in Clearwater Analytics in the third quarter valued at about $11,268,000. Finally, Allspring Global Investments Holdings LLC raised its stake in Clearwater Analytics by 6.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 2,407,283 shares of the company’s stock worth $42,753,000 after acquiring an additional 139,236 shares in the last quarter. 50.10% of the stock is owned by institutional investors and hedge funds.

Clearwater Analytics Stock Performance

NYSE:CWAN opened at $23.46 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 1.83. Clearwater Analytics Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $27.09. The company has a 50 day simple moving average of $23.57 and a two-hundred day simple moving average of $21.52. The company has a market capitalization of $6.93 billion, a PE ratio of -167.52, a P/E/G ratio of 3.26 and a beta of 0.67.

Analysts Set New Price Targets

CWAN has been the topic of a number of research reports. Jefferies Financial Group cut shares of Clearwater Analytics to a “hold” rating in a research note on Friday, January 16th. Weiss Ratings downgraded shares of Clearwater Analytics from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, February 23rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $24.55 price target (down from $36.00) on shares of Clearwater Analytics in a research note on Wednesday, February 25th. DA Davidson reiterated a “neutral” rating and set a $24.55 price target on shares of Clearwater Analytics in a report on Thursday, February 19th. Finally, Oppenheimer downgraded Clearwater Analytics from an “outperform” rating to a “market perform” rating in a report on Monday, December 22nd. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Clearwater Analytics has an average rating of “Hold” and an average price target of $26.17.

Insider Buying and Selling

In other Clearwater Analytics news, CEO Sandeep Sahai sold 233,813 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $23.44, for a total transaction of $5,480,576.72. Following the completion of the sale, the chief executive officer directly owned 1,357,138 shares in the company, valued at approximately $31,811,314.72. This trade represents a 14.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Subi Sethi sold 76,689 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $23.44, for a total value of $1,797,590.16. Following the sale, the insider directly owned 365,490 shares of the company’s stock, valued at $8,567,085.60. This represents a 17.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,002,699 shares of company stock worth $23,741,841. 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.