Clearwater Analytics Holdings, Inc. (NYSE:CWAN – Get Free Report) CFO James S. Cox sold 18,700 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $26.16, for a total transaction of $489,192.00. Following the transaction, the chief financial officer now directly owns 224,044 shares of the company’s stock, valued at $5,860,991.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Clearwater Analytics Trading Up 3.2 %
NYSE:CWAN opened at $27.14 on Friday. The company has a current ratio of 4.78, a quick ratio of 4.78 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $6.67 billion, a price-to-earnings ratio of -339.25, a PEG ratio of 9.16 and a beta of 0.62. The firm has a fifty day simple moving average of $24.57 and a two-hundred day simple moving average of $20.72. Clearwater Analytics Holdings, Inc. has a 12 month low of $15.62 and a 12 month high of $27.16.
Clearwater Analytics (NYSE:CWAN – Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.10 EPS for the quarter, hitting analysts’ consensus estimates of $0.10. The business had revenue of $106.79 million during the quarter, compared to analysts’ expectations of $105.51 million. Clearwater Analytics had a negative net margin of 1.14% and a positive return on equity of 3.55%. The business’s quarterly revenue was up 18.8% on a year-over-year basis. During the same period last year, the company posted ($0.03) earnings per share. Analysts expect that Clearwater Analytics Holdings, Inc. will post 0.14 EPS for the current fiscal year.
Analyst Ratings Changes
View Our Latest Analysis on Clearwater Analytics
Institutional Investors Weigh In On Clearwater Analytics
A number of large investors have recently bought and sold shares of the stock. Creative Planning acquired a new stake in Clearwater Analytics in the third quarter worth $505,000. Exchange Traded Concepts LLC acquired a new position in shares of Clearwater Analytics during the third quarter valued at about $117,000. Diversified Trust Co acquired a new position in shares of Clearwater Analytics during the third quarter valued at about $517,000. Handelsbanken Fonder AB grew its holdings in shares of Clearwater Analytics by 46.5% during the third quarter. Handelsbanken Fonder AB now owns 27,100 shares of the company’s stock valued at $684,000 after buying an additional 8,600 shares during the last quarter. Finally, Cim LLC acquired a new position in shares of Clearwater Analytics during the second quarter valued at about $163,000. 50.10% of the stock is currently owned by institutional investors and hedge funds.
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.
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