Carmignac Gestion Has $2.14 Million Position in Clearwater Analytics Holdings, Inc. $CWAN

Carmignac Gestion lessened its holdings in shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 68.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 90,586 shares of the company’s stock after selling 197,540 shares during the period. Carmignac Gestion’s holdings in Clearwater Analytics were worth $2,142,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. EverSource Wealth Advisors LLC raised its holdings in shares of Clearwater Analytics by 211.1% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,061 shares of the company’s stock valued at $26,000 after buying an additional 720 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in Clearwater Analytics during the 4th quarter worth about $26,000. SBI Securities Co. Ltd. grew its holdings in Clearwater Analytics by 627.5% during the 4th quarter. SBI Securities Co. Ltd. now owns 1,375 shares of the company’s stock worth $33,000 after acquiring an additional 1,186 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Clearwater Analytics during the 4th quarter worth about $33,000. Finally, Private Trust Co. NA increased its position in Clearwater Analytics by 643.3% in the 4th quarter. Private Trust Co. NA now owns 1,546 shares of the company’s stock valued at $37,000 after acquiring an additional 1,338 shares in the last quarter. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CWAN has been the subject of a number of research analyst reports. DA Davidson reaffirmed a “neutral” rating and issued a $24.55 target price on shares of Clearwater Analytics in a research note on Wednesday, May 20th. Weiss Ratings reissued a “sell (d+)” rating on shares of Clearwater Analytics in a research note on Friday, May 22nd. Two equities 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 company. According to MarketBeat, Clearwater Analytics currently has an average rating of “Hold” and an average target price of $24.98.

Insider Transactions at Clearwater Analytics

In other news, Director D Scott Mackesy sold 633,879 shares of Clearwater Analytics stock in a transaction that occurred 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Souvik Das sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $24.35, for a total transaction of $243,500.00. Following the sale, the chief technology officer directly owned 180,109 shares of the company’s stock, valued at approximately $4,385,654.15. This trade represents a 5.26% 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 have sold 653,879 shares of company stock worth $15,890,160. Corporate insiders own 3.31% of the company’s stock.

Clearwater Analytics Stock Performance

CWAN stock opened at $24.56 on Monday. 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 twelve month low of $15.73 and a twelve month high of $24.56. The company has a market cap of $7.33 billion, a P/E ratio of -136.44, a PEG ratio of 3.37 and a beta of 0.60. The business has a fifty day moving average of $24.47 and a 200-day moving average of $24.05.

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

Clearwater Analytics Company 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.