In a report released today, Peter Heckmann from D.A. Davidson maintained a Buy rating on Clearwater Analytics Holdings (CWAN – Research Report). The company’s shares opened today at $19.09.
Heckmann covers the Technology sector, focusing on stocks such as Envestnet, Shift4 Payments, and Tyler Technologies. According to TipRanks, Heckmann has an average return of 6.3% and a 58.33% success rate on recommended stocks.
Clearwater Analytics Holdings has an analyst consensus of Strong Buy, with a price target consensus of $23.67.
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The company has a one-year high of $21.89 and a one-year low of $13.02. Currently, Clearwater Analytics Holdings has an average volume of 1.43M.
Based on the recent corporate insider activity of 77 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. Last month, Galibier Purchaser, LLC, a Director at CWAN sold 3,689,812.00 shares for a total of $72,873,787.00.
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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 17M share Spot Secondary; price range $20.00-$20.75
- Clearwater Analytics launches17M share Class A common stock offering for holders
- Clearwater Analytics initiated with a Buy at UBS
- Clearwater Analytics 20M share Spot Secondary priced at $17.50
- Clearwater Analytics 17M share Spot Secondary; price range $17.50-$18.00
