Lindenwold Advisors INC Invests $239,000 in Clearwater Analytics Holdings, Inc. (NYSE:CWAN)

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

A number of other large investors have also bought and sold shares of CWAN. Swiss National Bank boosted its holdings in shares of Clearwater Analytics by 8.5% in the third quarter. Swiss National Bank now owns 312,900 shares of the company’s stock valued at $7,901,000 after buying an additional 24,600 shares during the period. Thrivent Financial for Lutherans increased its holdings in Clearwater Analytics by 16.3% during the 3rd quarter. Thrivent Financial for Lutherans now owns 75,148 shares of the company’s stock worth $1,898,000 after purchasing an additional 10,518 shares in the last quarter. Natixis Advisors LLC raised its stake in shares of Clearwater Analytics by 59.2% in the 3rd quarter. Natixis Advisors LLC now owns 71,260 shares of the company’s stock valued at $1,799,000 after purchasing an additional 26,506 shares during the period. Connable Office Inc. acquired a new stake in shares of Clearwater Analytics in the 3rd quarter valued at about $201,000. Finally, Royce & Associates LP bought a new stake in shares of Clearwater Analytics in the third quarter valued at about $1,868,000. 50.10% of the stock is owned by institutional investors.

Clearwater Analytics Trading Down 1.7 %

Clearwater Analytics stock opened at $29.98 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 4.66 and a current ratio of 4.66. The stock has a 50-day simple moving average of $26.53 and a 200 day simple moving average of $22.63. The stock has a market capitalization of $7.41 billion, a P/E ratio of 3,001.00, a PEG ratio of 10.89 and a beta of 0.61. Clearwater Analytics Holdings, Inc. has a 52 week low of $15.62 and a 52 week high of $35.71.

Insider Transactions at Clearwater Analytics

In related news, CRO Scott Stanley Erickson sold 3,890 shares of Clearwater Analytics stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $23.75, for a total transaction of $92,387.50. Following the completion of the sale, the executive now owns 4,844 shares of the company’s stock, valued at approximately $115,045. The trade was a 44.54 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Subi Sethi sold 21,497 shares of the stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $24.30, for a total transaction of $522,377.10. Following the completion of the transaction, the insider now directly owns 81,812 shares in the company, valued at approximately $1,988,031.60. This represents a 20.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 1,873,583 shares of company stock worth $45,493,744. 3.25% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on CWAN shares. Citigroup assumed coverage on Clearwater Analytics in a research report on Monday, August 19th. They issued a “buy” rating and a $28.00 target price on the stock. Oppenheimer lifted their price objective on shares of Clearwater Analytics from $31.00 to $35.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. The Goldman Sachs Group raised their target price on shares of Clearwater Analytics from $20.00 to $22.00 and gave the company a “sell” rating in a research report on Thursday, November 7th. Royal Bank of Canada boosted their price target on shares of Clearwater Analytics from $28.00 to $32.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Finally, Morgan Stanley raised their price objective on Clearwater Analytics from $20.00 to $30.00 and gave the company an “equal weight” rating in a report on Thursday, October 17th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Clearwater Analytics currently has a consensus 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.