2 weeks Ago By ABMN Staff
Russell Investments Group Ltd. lifted its position in Clearwater Analytics Holdings, Inc. ( NYSE:CWAN – Free Report ) by 6.
3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 159,844 shares of the company’s stock after acquiring an additional 9,525 shares during the quarter. Russell Investments Group Ltd.
owned 0.06% of Clearwater Analytics worth $4,399,000 as of its most recent SEC filing. Other institutional investors have also made changes to their positions in the company.
FMR LLC boosted its stake in Clearwater Analytics by 171.4% in the third quarter. FMR LLC now owns 9,169 shares of the company’s stock valued at $232,000 after acquiring an additional 5,790 shares during the period.
HighTower Advisors LLC acquired a new position in Clearwater Analytics during the 3rd quarter valued at approximately $237,000. State Street Corp grew its stake in Clearwater Analytics by 38.7% during the 3rd quarter.
State Street Corp now owns 3,617,462 shares of the company’s stock worth $91,341,000 after buying an additional 1,009,548 shares during the last quarter. Orion Portfolio Solutions LLC acquired a new stake in Clearwater Analytics in the third quarter worth $346,000. Finally, Barclays PLC lifted its stake in Clearwater Analytics by 105.
6% in the third quarter. Barclays PLC now owns 571,860 shares of the company’s stock valued at $14,439,000 after buying an additional 293,719 shares during the last quarter. 50.
10% of the stock is currently owned by institutional investors. Insider Buying and Selling In related news, CEO Sandeep Sahai sold 50,000 shares of the stock in a transaction on Monday, April 14th. The stock was sold at an average price of $23.
09, for a total value of $1,154,500.00. Following the completion of the transaction, the chief executive officer now owns 876,754 shares in the company, valued at $20,244,249.
86. This trade represents a 5.40 % decrease in their position.
The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Also, insider Subi Sethi sold 62,482 shares of the business’s stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $30.
07, for a total value of $1,878,833.74. Following the sale, the insider now owns 144,973 shares in the company, valued at approximately $4,359,338.
11. The trade was a 30.12 % decrease in their position.
The disclosure for this sale can be found here . Insiders have sold 625,810 shares of company stock worth $18,045,084 in the last three months. 4.
60% of the stock is currently owned by insiders. Clearwater Analytics Price Performance Clearwater Analytics ( NYSE:CWAN – Get Free Report ) last released its earnings results on Wednesday, February 19th. The company reported $0.
04 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.07).
The business had revenue of $126.47 million for the quarter, compared to analyst estimates of $120.34 million.
Clearwater Analytics had a net margin of 93.97% and a return on equity of 7.11%.
As a group, sell-side analysts anticipate that Clearwater Analytics Holdings, Inc. will post 0.18 EPS for the current fiscal year.
Analyst Upgrades and Downgrades A number of analysts recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $36.00 price objective (up previously from $34.
00) on shares of Clearwater Analytics in a report on Friday, February 21st. UBS Group raised their price target on shares of Clearwater Analytics from $36.00 to $38.
00 and gave the company a “buy” rating in a research note on Thursday, February 20th. DA Davidson upgraded Clearwater Analytics from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $35.00 to $32.
00 in a research report on Tuesday, January 14th. Piper Sandler upgraded Clearwater Analytics from a “neutral” rating to an “overweight” rating and raised their target price for the company from $28.00 to $36.
00 in a research report on Thursday, February 20th. Finally, Wells Fargo & Company boosted their price target on Clearwater Analytics from $35.00 to $37.
00 and gave the stock an “overweight” rating in a research report on Thursday, February 20th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat.
com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $33.80. View Our Latest Research Report on Clearwater Analytics Clearwater Analytics Profile ( Free Report ) Clearwater Analytics Holdings, Inc develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally.
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