Clearwater Analytics Holdings Inc (NYSE: CWAN) is 3.45% higher on its value in year-to-date trading and has touched a low of $15.62 and a high of $35.71 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CWAN stock was last observed hovering at around $28.68 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $28.47, the stock is 2.86% and -1.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing -0.73% at the moment leaves the stock 19.90% off its SMA200. CWAN registered 45.40% gain for a year compared to 6-month gain of 43.72%. The firm has a 50-day simple moving average (SMA 50) of $29.0074 and a 200-day simple moving average (SMA200) of $23.68405.
The stock witnessed a 1.64% loss in the last 1 month and extending the period to 3 months gives it a 7.64%, and is 0.49% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.72% over the week and 2.99% over the month.
Clearwater Analytics Holdings Inc (CWAN) has around 1756 employees, a market worth around $7.51B and $424.36M in sales. Current P/E ratio is 35587.50 and Fwd P/E is 53.13. Profit margin for the company is 0.21%. Distance from 52-week low is 82.27% and -20.27% from its 52-week high. The company has generated returns on investments over the last 12 months (0.20%).
with sales reaching $120.43M over the same period.The EPS is expected to grow by 34.39% this year, but quarterly earnings will post 21.07% year-over-year. Quarterly sales are estimated to grow 21.62% in year-over-year returns.
374.0 institutions hold shares in Clearwater Analytics Holdings Inc (CWAN), with institutional investors hold 95.17% of the company’s shares. The shares outstanding are 228.60M, and float is at 177.35M with Short Float at 4.91%. Institutions hold 94.32% of the Float.
The top institutional shareholder in the company is PERMIRA HOLDINGS LTD with over 20.25 million shares valued at $374.98 million. The investor’s holdings represent 9.4942 of the CWAN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 17.61 million shares valued at $326.1 million to account for 8.2567 of the shares outstanding. The other top investors are WASATCH ADVISORS LP which holds 17.58 million shares representing 8.2414 and valued at over $325.5 million, while KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC holds 5.3337 of the shares totaling 11.37 million with a market value of $210.66 million.
Clearwater Analytics Holdings Inc (CWAN) Insider Activity
The most recent transaction is an insider sale by Cox James S, the company’s Chief Financial Officer. SEC filings show that Cox James S sold 18,700 shares of the company’s common stock on Jan 15 ’25 at a price of $26.94 per share for a total of $0.5 million. Following the sale, the insider now owns 0.28 million shares.
Still, SEC filings show that on Jan 13 ’25, Sahai Sandeep (Chief Executive Officer) disposed off 50,000 shares at an average price of $25.89 for $1.29 million. The insider now directly holds 615,855 shares of Clearwater Analytics Holdings Inc (CWAN).
