Kapitalo Investimentos Ltda Invests $7.67 Million in Clearwater Analytics Holdings, Inc. $CWAN

Kapitalo Investimentos Ltda bought a new position in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 324,166 shares of the company’s stock, valued at approximately $7,667,000. Clearwater Analytics makes up approximately 1.4% of Kapitalo Investimentos Ltda’s investment portfolio, making the stock its 21st biggest position.

Other hedge funds have also recently bought and sold shares of the company. Starboard Value LP acquired a new position in Clearwater Analytics during the fourth quarter valued at approximately $240,212,000. Wellington Management Group LLP increased its position in shares of Clearwater Analytics by 108.7% in the third quarter. Wellington Management Group LLP now owns 17,793,701 shares of the company’s stock worth $320,642,000 after acquiring an additional 9,268,950 shares in the last quarter. Norges Bank acquired a new stake in shares of Clearwater Analytics in the fourth quarter worth $184,271,000. Balyasny Asset Management L.P. raised its stake in shares of Clearwater Analytics by 1,757.6% in the 4th quarter. Balyasny Asset Management L.P. now owns 3,487,790 shares of the company’s stock valued at $84,125,000 after acquiring an additional 3,300,037 shares during the period. Finally, Glazer Capital LLC purchased a new position in shares of Clearwater Analytics in the 4th quarter valued at $75,846,000. Hedge funds and other institutional investors own 50.10% of the company’s stock.

Wall Street Analyst Weigh In

CWAN has been the subject of a number of research reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Clearwater Analytics in a research report on Friday, May 22nd. DA Davidson reissued a “neutral” rating and issued a $24.55 price objective on shares of Clearwater Analytics in a research report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $24.98.

Insiders Place Their Bets

In related news, Director D Scott Mackesy sold 633,879 shares of Clearwater Analytics stock in a transaction on Monday, June 15th. The shares were sold at an average price of $24.30, for a total transaction of $15,403,259.70. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Souvik Das sold 10,000 shares of Clearwater Analytics stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $24.35, for a total value of $243,500.00. Following the sale, the chief technology officer directly owned 180,109 shares in the company, valued at approximately $4,385,654.15. The trade was a 5.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 653,879 shares of company stock valued at $15,890,160. Company insiders own 3.31% of the company’s stock.

Clearwater Analytics Price Performance

NYSE CWAN opened at $24.56 on Tuesday. The company has a quick ratio of 2.26, a current ratio of 2.26 and a debt-to-equity ratio of 0.39. Clearwater Analytics Holdings, Inc. has a fifty-two week low of $15.73 and a fifty-two week high of $24.56. The business has a 50 day moving average price of $24.43 and a two-hundred day moving average price of $24.03. The stock has a market cap of $7.33 billion, a PE ratio of -136.44, a P/E/G ratio of 3.37 and a beta of 0.60.

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

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.