Curated Wealth Partners LLC Sells 1,859 Shares of Clearwater Analytics Holdings, Inc. (NYSE:CWAN)

Curated Wealth Partners LLC cut its stake in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) by 10.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,011 shares of the company’s stock after selling 1,859 shares during the period. Curated Wealth Partners LLC’s holdings in Clearwater Analytics were worth $441,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Chartwell Investment Partners LLC lifted its stake in shares of Clearwater Analytics by 0.8% in the third quarter. Chartwell Investment Partners LLC now owns 48,827 shares of the company’s stock valued at $1,233,000 after buying an additional 395 shares during the period. GAMMA Investing LLC grew its holdings in shares of Clearwater Analytics by 57.4% during the 4th quarter. GAMMA Investing LLC now owns 1,284 shares of the company’s stock worth $35,000 after purchasing an additional 468 shares in the last quarter. Exchange Traded Concepts LLC increased its position in shares of Clearwater Analytics by 11.2% during the fourth quarter. Exchange Traded Concepts LLC now owns 5,158 shares of the company’s stock valued at $142,000 after purchasing an additional 521 shares during the period. IHT Wealth Management LLC raised its stake in shares of Clearwater Analytics by 5.5% in the third quarter. IHT Wealth Management LLC now owns 11,416 shares of the company’s stock valued at $288,000 after purchasing an additional 598 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its position in Clearwater Analytics by 38.6% in the third quarter. Advisors Asset Management Inc. now owns 3,574 shares of the company’s stock worth $90,000 after purchasing an additional 995 shares during the period. 50.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on CWAN shares. Morgan Stanley raised shares of 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. Royal Bank of Canada lowered their target price on shares of Clearwater Analytics from $36.00 to $30.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. Oppenheimer raised their price target on shares of Clearwater Analytics from $35.00 to $40.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 3rd. DA Davidson upgraded Clearwater Analytics from a “neutral” rating to a “buy” rating and lowered their price objective for the company from $35.00 to $32.00 in a research note on Tuesday, January 14th. Finally, Wells Fargo & Company boosted their price target on Clearwater Analytics from $33.00 to $35.00 and gave the company an “overweight” rating in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $31.33.

Insiders Place Their Bets

In related news, CFO James S. Cox sold 18,700 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $30.34, for a total value of $567,358.00. Following the completion of the transaction, the chief financial officer now owns 219,044 shares in the company, valued at $6,645,794.96. The trade was a 7.87 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CRO Scott Stanley Erickson sold 3,890 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $31.34, for a total value of $121,912.60. Following the transaction, the executive now directly owns 6,373 shares in the company, valued at approximately $199,729.82. This represents a 37.90 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 253,052 shares of company stock valued at $7,182,724. 4.60% of the stock is currently owned by corporate insiders.

Clearwater Analytics Stock Down 0.2 %

Shares of CWAN opened at $28.28 on Friday. The business’s 50 day simple moving average is $28.92 and its 200-day simple moving average is $25.98. Clearwater Analytics Holdings, Inc. has a one year low of $15.62 and a one year high of $35.71. The company has a market capitalization of $6.99 billion, a P/E ratio of 2,831.03, a PEG ratio of 7.66 and a beta of 0.72. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.66 and a quick ratio of 4.66.

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.