Norwood Investment Partners LP Sells 694,531 Shares of Clearwater Analytics Holdings, Inc. $CWAN

Norwood Investment Partners LP cut its position in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 81.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 159,000 shares of the company’s stock after selling 694,531 shares during the quarter. Clearwater Analytics accounts for 4.3% of Norwood Investment Partners LP’s portfolio, making the stock its 10th largest position. Norwood Investment Partners LP owned about 0.05% of Clearwater Analytics worth $3,835,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Rice Hall James & Associates LLC acquired a new position in shares of Clearwater Analytics during the 4th quarter valued at $1,467,000. Alberta Investment Management Corp acquired a new position in shares of Clearwater Analytics during the 4th quarter valued at $13,850,000. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Clearwater Analytics during the 4th quarter valued at $496,000. Mariner LLC increased its position in shares of Clearwater Analytics by 121.9% during the 4th quarter. Mariner LLC now owns 26,409 shares of the company’s stock valued at $637,000 after purchasing an additional 14,508 shares during the period. Finally, Maven Securities LTD acquired a new position in shares of Clearwater Analytics during the 4th quarter valued at $9,045,000. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on CWAN. DA Davidson reiterated a “neutral” rating and set a $24.55 price target on shares of Clearwater Analytics in a research report on Wednesday, May 20th. Royal Bank Of Canada reissued a “sector perform” rating and set a $24.55 price objective (down from $36.00) on shares of Clearwater Analytics in a research note on Wednesday, February 25th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Clearwater Analytics in a research note on Friday, May 22nd. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Clearwater Analytics currently has an average rating of “Hold” and an average price target of $25.19.

Clearwater Analytics Stock Performance

CWAN opened at $24.25 on Wednesday. The firm has a market cap of $7.24 billion, a PE ratio of -134.69, a P/E/G ratio of 3.33 and a beta of 0.60. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.39. The business has a fifty day simple moving average of $24.25 and a 200-day simple moving average of $23.66. Clearwater Analytics Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $24.43.

Clearwater Analytics (NYSE:CWAN) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.16 earnings per share for the quarter, hitting the consensus estimate of $0.16. The business had revenue of $221.23 million during the quarter, compared to analyst estimates of $214.09 million. Clearwater Analytics had a positive return on equity of 3.17% and a negative net margin of 5.88%.The company’s revenue was up 74.4% compared to the same quarter last year. During the same period last year, the company posted $0.13 EPS. As a group, equities analysts predict that Clearwater Analytics Holdings, Inc. will post 0.36 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Subi Sethi sold 19,858 shares of the firm’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total value of $472,620.40. Following the completion of the sale, the insider owned 388,256 shares of the company’s stock, valued at $9,240,492.80. This trade represents a 4.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Sandeep Sahai sold 51,967 shares of the firm’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total value of $1,236,814.60. Following the completion of the sale, the chief executive officer directly owned 1,415,619 shares of the company’s stock, valued at approximately $33,691,732.20. This trade represents a 3.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 175,632 shares of company stock valued at $4,198,091 over the last quarter. 3.31% of the stock is owned by insiders.

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.