9,460 Shares in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Bought by Lindenwold Advisors INC

Lindenwold Advisors INC purchased a new stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 9,460 shares of the company’s stock, valued at approximately $239,000.

A number of other hedge funds also recently made changes to their positions in the business. Blair William & Co. IL raised its holdings in shares of Clearwater Analytics by 89.5% in the 1st quarter. Blair William & Co. IL now owns 41,756 shares of the company’s stock worth $739,000 after buying an additional 19,717 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Clearwater Analytics by 17.2% during the first quarter. Vanguard Group Inc. now owns 15,131,505 shares of the company’s stock valued at $267,676,000 after acquiring an additional 2,219,459 shares during the period. Thornburg Investment Management Inc. boosted its stake in shares of Clearwater Analytics by 31.7% in the 1st quarter. Thornburg Investment Management Inc. now owns 331,285 shares of the company’s stock valued at $5,860,000 after purchasing an additional 79,707 shares in the last quarter. MQS Management LLC grew its holdings in shares of Clearwater Analytics by 17.4% in the 1st quarter. MQS Management LLC now owns 13,471 shares of the company’s stock worth $238,000 after purchasing an additional 1,995 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its position in shares of Clearwater Analytics by 268.8% during the 1st quarter. Advisors Asset Management Inc. now owns 1,693 shares of the company’s stock worth $30,000 after purchasing an additional 1,234 shares in 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 news, CFO James S. Cox sold 18,700 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $24.44, for a total value of $457,028.00. Following the transaction, the chief financial officer now directly owns 227,503 shares in the company, valued at $5,560,173.32. This trade represents a 7.60 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CRO Scott Stanley Erickson sold 3,890 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $31.34, for a total value of $121,912.60. Following the completion of the sale, the executive now owns 6,373 shares of the company’s stock, valued at $199,729.82. This represents a 37.90 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,873,583 shares of company stock valued at $45,493,744. 3.25% of the stock is currently owned by insiders.

Clearwater Analytics Stock Down 1.7 %

Shares of NYSE CWAN opened at $29.98 on Tuesday. The company has a current ratio of 4.66, a quick ratio of 4.66 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $7.41 billion, a PE ratio of 3,001.00, a price-to-earnings-growth ratio of 10.89 and a beta of 0.61. The firm’s 50-day moving average is $26.53 and its 200-day moving average is $22.63. Clearwater Analytics Holdings, Inc. has a 1 year low of $15.62 and a 1 year high of $35.71.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Citigroup initiated coverage on shares of Clearwater Analytics in a research report on Monday, August 19th. They issued a “buy” rating and a $28.00 price target on the stock. Oppenheimer increased their price target on Clearwater Analytics from $31.00 to $35.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Wells Fargo & Company lifted their price objective on Clearwater Analytics from $23.00 to $33.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Morgan Stanley increased their target price on Clearwater Analytics from $20.00 to $30.00 and gave the stock an “equal weight” rating in a report on Thursday, October 17th. Finally, Royal Bank of Canada lifted their price target on Clearwater Analytics from $28.00 to $32.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $30.67.

Clearwater Analytics Profile

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.