In Thursday’s Wall Street session, Clearwater Analytics Holdings Inc (NYSE:CWAN) shares traded at $22.91, up 0.75% from the previous session.
CWAN stock price is now -12.24% away from the 50-day moving average and -12.96% away from the 200-day moving average. The market capitalization of the company currently stands at $6.63B.
On February 20, 2025, Piper Sandler Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $28 to quote $36, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, Cox James S, Chief Financial Officer sold 18,700 shares of the company’s stock on Apr 15 ’25. The stock was sold for $433,363 at an average price of $23.17. Upon completion of the transaction, the Chief Financial Officer now directly owns 358,885 shares in the company, valued at $8.22 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 15 ’25, Officer JAMES COX bought 18,700 shares of the business’s stock. A total of $432,157 was incurred on buying the stock at an average price of $23.11. A total of 13.17% of the company’s stock is owned by insiders.
During the past 12 months, Clearwater Analytics Holdings Inc has had a low of $15.62 and a high of $35.71. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 4.93, and a quick ratio of 4.93. According to the stock market information, the enterprise value for the company is $5371195904, which is based on a 13.92 price-to-earnings ratio, a 0.58 price-to-earnings-growth ratio, and a beta of 0.78. The fifty day moving average price for CWAN is $26.1066 and a two-hundred day moving average price translates $26.32165 for the stock.
The latest earnings results from Clearwater Analytics Holdings Inc (NYSE: CWAN) was released for 2025-03-31. The net profit margin was 93.98% and return on equity was 62.32% for CWAN. The company reported revenue of $126.47 million for the quarter, compared to $99.02 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.72 percent.
