Stephens Investment Management Group LLC Raises Stock Holdings in Clearwater Analytics Holdings, Inc. $CWAN

Stephens Investment Management Group LLC increased its position in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 18.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,531,792 shares of the company’s stock after purchasing an additional 553,218 shares during the period. Clearwater Analytics comprises 1.1% of Stephens Investment Management Group LLC’s investment portfolio, making the stock its 23rd largest position. Stephens Investment Management Group LLC’s holdings in Clearwater Analytics were worth $85,187,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CWAN. AQR Capital Management LLC grew its stake in Clearwater Analytics by 1,027.1% in the first quarter. AQR Capital Management LLC now owns 132,828 shares of the company’s stock worth $3,560,000 after purchasing an additional 121,043 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in Clearwater Analytics in the first quarter worth $208,000. Woodline Partners LP grew its stake in Clearwater Analytics by 75.2% in the first quarter. Woodline Partners LP now owns 20,066 shares of the company’s stock worth $538,000 after purchasing an additional 8,613 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Clearwater Analytics by 1.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 459,292 shares of the company’s stock worth $12,309,000 after purchasing an additional 6,826 shares during the period. Finally, M&T Bank Corp grew its stake in Clearwater Analytics by 51.8% in the second quarter. M&T Bank Corp now owns 13,164 shares of the company’s stock worth $289,000 after purchasing an additional 4,492 shares during the period. 50.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CWAN. Morgan Stanley reaffirmed an “equal weight” rating and issued a $24.55 price target (down from $27.00) on shares of Clearwater Analytics in a research note on Tuesday, January 27th. DA Davidson reissued a “neutral” rating and issued a $24.55 target price on shares of Clearwater Analytics in a research note on Thursday, February 19th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $24.55 target price (down from $36.00) on shares of Clearwater Analytics in a research note on Wednesday, February 25th. UBS Group cut Clearwater Analytics from a “buy” rating to a “neutral” rating and cut their target price for the stock from $30.00 to $24.55 in a research note on Monday, January 26th. Finally, Weiss Ratings cut Clearwater Analytics from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, February 23rd. Three 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 MarketBeat.com, Clearwater Analytics currently has a consensus rating of “Hold” and an average target price of $26.17.

Clearwater Analytics Trading Down 0.1%

NYSE CWAN opened at $24.35 on Friday. Clearwater Analytics Holdings, Inc. has a 12 month low of $15.73 and a 12 month high of $25.07. The stock has a market cap of $7.27 billion, a P/E ratio of -135.24, a P/E/G ratio of 3.52 and a beta of 0.61. The stock’s fifty day moving average price is $23.84 and its 200-day moving average price is $22.83. 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 (NYSE:CWAN) last released its earnings results on Thursday, May 7th. The company reported $0.16 EPS for the quarter, hitting analysts’ consensus estimates 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 analysts’ expectations of $214.09 million. During the same period in the prior year, the firm posted $0.13 earnings per share. The company’s quarterly revenue was up 74.4% on a year-over-year basis. As a group, equities analysts forecast that Clearwater Analytics Holdings, Inc. will post 0.35 EPS for the current fiscal year.

Insider Activity

In other news, CRO Scott Stanley Erickson sold 74,530 shares of the company’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $23.44, for a total transaction of $1,746,983.20. Following the transaction, the executive directly owned 138,630 shares of the company’s stock, valued at $3,249,487.20. This represents a 34.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO James S. Cox sold 93,930 shares of the company’s 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 transaction, the chief financial officer directly owned 474,114 shares in the company, valued at approximately $11,113,232.16. The trade was a 16.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 780,842 shares of company stock valued at $18,363,380. 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.