In a report released today, Brian Schwartz from Oppenheimer maintained a Hold rating on Clearwater Analytics Holdings (CWAN – Research Report). The company’s shares closed yesterday at $17.93.
According to TipRanks, Schwartz is a top 100 analyst with an average return of 20.7% and a 63.60% success rate. Schwartz covers the Technology sector, focusing on stocks such as Workday, Adobe, and Zeta Global Holdings Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Clearwater Analytics Holdings with a $22.13 average price target.
See Insiders’ Hot Stocks on TipRanks >>
CWAN market cap is currently $1.58B and has a P/E ratio of -147.23.
Based on the recent corporate insider activity of 78 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CWAN in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Clearwater Analytics Holdings (CWAN) Company Description:
Clearwater Analytics Holdings Inc provides investment accounting and reporting, performance measurement, compliance monitoring, and risk analytics solutions for asset managers, insurance companies, and large corporations. Its cloud-native software allows clients to radically simplify their investment accounting operations, enabling them to focus on higher-value business functions such as asset allocation strategy and investment selection.
Read More on CWAN:
- Clearwater Analytics Announces Third Quarter 2023 Financial Results
- Clearwater Analytics upgraded to Buy from Hold at Loop Capital
- Clearwater Analytics price target raised to $24 from $20 at Credit Suisse
- Clearwater Analytics price target raised to $24 from $22 at DA Davidson
- Clearwater Analytics price target raised to $22 from $19 at Wells Fargo
