5 hours Ago By ABMN Staff
Legal & General Group Plc raised its position in Clearwater Analytics Holdings, Inc. ( NYSE:CWAN – Free Report ) by 29.1% in the fourth quarter, HoldingsChannel reports.
The fund owned 188,022 shares of the company’s stock after purchasing an additional 42,409 shares during the quarter. Legal & General Group Plc’s holdings in Clearwater Analytics were worth $5,174,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also recently modified their holdings of the company.
Invesco Ltd. grew its position in Clearwater Analytics by 9.0% in the 4th quarter.
Invesco Ltd. now owns 4,253,863 shares of the company’s stock valued at $117,066,000 after purchasing an additional 352,201 shares during the period. Federated Hermes Inc.
grew its holdings in shares of Clearwater Analytics by 27,536.6% during the fourth quarter. Federated Hermes Inc.
now owns 339,654 shares of the company’s stock valued at $9,347,000 after buying an additional 338,425 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new stake in shares of Clearwater Analytics during the fourth quarter worth about $82,000. MIG Capital LLC acquired a new stake in shares of Clearwater Analytics in the 4th quarter worth about $329,000.
Finally, Russell Investments Group Ltd. lifted its position in Clearwater Analytics by 6.3% in the 4th quarter.
Russell Investments Group Ltd. now owns 159,844 shares of the company’s stock valued at $4,399,000 after acquiring an additional 9,525 shares in the last quarter. Institutional investors own 50.
10% of the company’s stock. Insider Activity In related news, CEO Sandeep Sahai sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $27.
63, for a total transaction of $1,381,500.00. Following the sale, the chief executive officer now directly owns 615,855 shares in the company, valued at approximately $17,016,073.
65. This represents a 7.51 % decrease in their position.
The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink . Also, CFO James S. Cox sold 18,700 shares of Clearwater Analytics stock in a transaction that occurred on Tuesday, April 15th.
The shares were sold at an average price of $23.17, for a total transaction of $433,279.00.
Following the completion of the transaction, the chief financial officer now owns 358,885 shares of the company’s stock, valued at $8,315,365.45. This represents a 4.
95 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 644,510 shares of company stock valued at $18,478,363 in the last 90 days.
Insiders own 4.60% of the company’s stock. Clearwater Analytics Stock Down 0.
2 % Clearwater Analytics ( NYSE:CWAN – Get Free Report ) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.
11 by ($0.07). Clearwater Analytics had a net margin of 93.
97% and a return on equity of 7.11%. The firm had revenue of $126.
47 million during the quarter, compared to analysts’ expectations of $120.34 million. As a group, equities analysts expect that Clearwater Analytics Holdings, Inc.
will post 0.18 earnings per share for the current year. Wall Street Analysts Forecast Growth A number of analysts have commented on CWAN shares.
Royal Bank of Canada boosted their price objective on Clearwater Analytics from $30.00 to $36.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th.
Wells Fargo & Company upped their price target on Clearwater Analytics from $35.00 to $37.00 and gave the stock an “overweight” rating in a report on Thursday, February 20th.
Morgan Stanley restated an “overweight” rating and set a $36.00 price objective (up from $34.00) on shares of Clearwater Analytics in a research note on Friday, February 21st.
UBS Group upped their target price on shares of Clearwater Analytics from $36.00 to $38.00 and gave the stock a “buy” rating in a research note on Thursday, February 20th.
Finally, Piper Sandler raised shares of Clearwater Analytics from a “neutral” rating to an “overweight” rating and raised their price target for the company from $28.00 to $36.00 in a research report on Thursday, February 20th.
One analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Clearwater Analytics presently has a consensus rating of “Moderate Buy” and a consensus price target of $33.
80. Read Our Latest Stock Analysis on Clearwater Analytics Clearwater Analytics Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding CWAN? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Clearwater Analytics Holdings, Inc. ( NYSE:CWAN – Free Report ). Receive News & Ratings for Clearwater Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clearwater Analytics and related companies with MarketBeat.
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