Universal Beteiligungs und Servicegesellschaft mbH Sells 175,176 Shares of Clearwater Analytics Holdings, Inc. $CWAN

Universal Beteiligungs und Servicegesellschaft mbH lessened its holdings in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 47.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 196,634 shares of the company’s stock after selling 175,176 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.07% of Clearwater Analytics worth $4,312,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Clearwater Analytics by 11.3% in the 1st quarter. Vanguard Group Inc. now owns 23,246,312 shares of the company’s stock worth $623,001,000 after purchasing an additional 2,366,715 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in Clearwater Analytics during the first quarter worth about $56,648,000. Nuveen LLC acquired a new position in shares of Clearwater Analytics during the 1st quarter worth about $53,894,000. Riverbridge Partners LLC acquired a new position in shares of Clearwater Analytics during the 2nd quarter worth about $35,313,000. Finally, Invesco Ltd. increased its stake in shares of Clearwater Analytics by 34.1% in the 1st quarter. Invesco Ltd. now owns 5,706,337 shares of the company’s stock valued at $152,930,000 after acquiring an additional 1,452,474 shares during the last quarter. Institutional investors and hedge funds own 50.10% of the company’s stock.

Insider Buying and Selling at Clearwater Analytics

In other Clearwater Analytics news, CEO Sandeep Sahai sold 16,592 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $17.68, for a total transaction of $293,346.56. Following the completion of the transaction, the chief executive officer owned 913,600 shares of the company’s stock, valued at $16,152,448. This represents a 1.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO James S. Cox sold 11,275 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $19.74, for a total transaction of $222,568.50. Following the transaction, the chief financial officer directly owned 333,983 shares of the company’s stock, valued at $6,592,824.42. This represents a 3.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 83,602 shares of company stock valued at $1,554,226 in the last 90 days. 3.31% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently weighed in on CWAN. Zacks Research raised shares of Clearwater Analytics from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 4th. UBS Group reduced their price target on shares of Clearwater Analytics from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Clearwater Analytics in a report on Wednesday. JPMorgan Chase & Co. lowered their price objective on shares of Clearwater Analytics from $28.00 to $26.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Finally, DA Davidson reaffirmed a “buy” rating and set a $30.00 price objective on shares of Clearwater Analytics in a research note on Tuesday, November 18th. Nine research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $30.56.

Clearwater Analytics Trading Up 3.9%

Shares of NYSE:CWAN opened at $21.55 on Friday. Clearwater Analytics Holdings, Inc. has a 12 month low of $15.73 and a 12 month high of $32.71. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.42. The company’s fifty day simple moving average is $18.49 and its 200 day simple moving average is $20.52. The firm has a market cap of $6.31 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 5.68 and a beta of 0.69.

Clearwater Analytics (NYSE:CWAN) last announced its earnings results on Wednesday, November 5th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). The company had revenue of $205.11 million during the quarter, compared to analyst estimates of $203.66 million. Clearwater Analytics had a return on equity of 2.77% and a net margin of 61.28%.During the same period in the previous year, the company posted $0.14 earnings per share. Clearwater Analytics’s revenue for the quarter was up 77.1% on a year-over-year basis. Clearwater Analytics has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, research analysts forecast that Clearwater Analytics Holdings, Inc. will post 0.18 EPS for the current fiscal year.

Clearwater Analytics announced that its Board of Directors has approved a share buyback program on Wednesday, September 3rd that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to reacquire up to 1.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

About Clearwater Analytics

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.