Clearwater Analytics (NYSE:CWAN) Posts Earnings Results

Clearwater Analytics (NYSE:CWAN) released its quarterly earnings results on Wednesday. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.07), Zacks reports. Clearwater Analytics had a return on equity of 5.68% and a net margin of 0.21%. Clearwater Analytics updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Clearwater Analytics Stock Down 2.1 %

NYSE:CWAN opened at $27.05 on Thursday. 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 stock has a 50 day moving average of $28.00 and a 200-day moving average of $27.04. The firm has a market capitalization of $6.68 billion, a PE ratio of 2,707.61, a price-to-earnings-growth ratio of 7.59 and a beta of 0.72. Clearwater Analytics has a 52 week low of $15.62 and a 52 week high of $35.71.

Analyst Ratings Changes

CWAN has been the subject of several recent analyst reports. Piper Sandler raised shares of Clearwater Analytics from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $28.00 to $36.00 in a report on Thursday. JPMorgan Chase & Co. upgraded Clearwater Analytics from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $23.00 to $33.00 in a research note on Thursday, November 7th. The Goldman Sachs Group upped their price objective on Clearwater Analytics from $20.00 to $22.00 and gave the company a “sell” rating in a research note on Thursday, November 7th. Oppenheimer increased their target price on Clearwater Analytics from $35.00 to $40.00 and gave the stock an “outperform” rating in a report on Tuesday, December 3rd. Finally, Morgan Stanley upgraded Clearwater Analytics from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $30.00 to $34.00 in a report on Friday, January 17th. One research analyst has rated the stock with a sell rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $32.22.

Insider Buying and Selling

In other Clearwater Analytics news, CEO Sandeep Sahai sold 139,172 shares of Clearwater Analytics stock in a transaction on Monday, December 9th. The stock was sold at an average price of $28.94, for a total transaction of $4,027,637.68. Following the sale, the chief executive officer now owns 441,724 shares of the company’s stock, valued at $12,783,492.56. The trade was a 23.96 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO James S. Cox sold 18,700 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $29.65, for a total value of $554,455.00. Following the transaction, the chief financial officer now owns 214,044 shares of the company’s stock, valued at $6,346,404.60. This trade represents a 8.03 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 299,162 shares of company stock valued at $8,386,024. Insiders own 4.60% of the company’s stock.

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.