Comprehensive Financial Planning Inc. PA Makes New Investment in Clearwater Analytics Holdings, Inc. (NYSE:CWAN)

Comprehensive Financial Planning Inc. PA purchased a new stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) in the 4th quarter, Holdings Channel.com reports. The firm purchased 6,085 shares of the company’s stock, valued at approximately $167,000.

A number of other large investors have also recently bought and sold shares of CWAN. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Clearwater Analytics in the 3rd quarter worth about $3,677,000. Loomis Sayles & Co. L P raised its stake in Clearwater Analytics by 11.1% during the 3rd quarter. Loomis Sayles & Co. L P now owns 3,294,482 shares of the company’s stock valued at $83,186,000 after purchasing an additional 327,880 shares during the period. Swiss National Bank lifted its position 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 worth $7,901,000 after purchasing an additional 24,600 shares in the last quarter. Aigen Investment Management LP purchased a new stake in shares of Clearwater Analytics during the third quarter worth $523,000. Finally, Principal Financial Group Inc. grew its position in Clearwater Analytics by 348.3% in the third quarter. Principal Financial Group Inc. now owns 84,793 shares of the company’s stock worth $2,141,000 after acquiring an additional 65,878 shares in the last quarter. Institutional investors own 50.10% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. The Goldman Sachs Group boosted their target price on Clearwater Analytics from $20.00 to $22.00 and gave the stock a “sell” rating in a report on Thursday, November 7th. Oppenheimer boosted their price target on Clearwater Analytics from $35.00 to $40.00 and gave the company an “outperform” rating in a research note on Tuesday, December 3rd. JPMorgan Chase & Co. raised shares of Clearwater Analytics from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $23.00 to $33.00 in a report on Thursday, November 7th. Royal Bank of Canada dropped their target price on shares of Clearwater Analytics from $36.00 to $30.00 and set an “outperform” rating for the company in a research note on Tuesday, January 14th. Finally, DA Davidson raised shares of Clearwater Analytics from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $35.00 to $32.00 in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $31.33.

Clearwater Analytics Stock Down 1.5 %

Clearwater Analytics stock opened at $28.64 on Monday. Clearwater Analytics Holdings, Inc. has a twelve month low of $15.62 and a twelve month high of $35.71. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.10. The company has a 50 day moving average of $28.36 and a 200-day moving average of $26.72. The stock has a market capitalization of $7.07 billion, a PE ratio of 2,866.87, a price-to-earnings-growth ratio of 7.82 and a beta of 0.72.

Insider Buying and Selling

In related news, CEO Sandeep Sahai sold 50,000 shares of Clearwater Analytics stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $25.89, for a total value of $1,294,500.00. Following the sale, the chief executive officer now owns 615,855 shares of the company’s stock, valued at approximately $15,944,485.95. The trade was a 7.51 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CRO Scott Stanley Erickson sold 3,890 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $29.07, for a total value of $113,082.30. Following the completion of the sale, the executive now directly owns 6,373 shares of the company’s stock, valued at approximately $185,263.11. The trade was a 37.90 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 249,162 shares of company stock valued at $7,060,811. Company insiders own 4.60% of the company’s stock.

Clearwater Analytics Company 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.