Souvik Das Acquires Shares in Clearwater Analytics Holdings

Souvik Das, the Chief Technology Officer of Clearwater Analytics Holdings, Inc. (NYSE: CWAN), made a notable purchase of company shares. On June 25, 2026, Das acquired 88,000 shares at an average price of $24.55 each, amounting to approximately $2.16 million. This transaction was not conducted under a pre-planned trading program.

Insider Buying and Selling at Clearwater Analytics Holdings, Inc.

On the same day, other insiders also engaged in transactions. James Cox, the Chief Financial Officer, both bought and sold shares, acquiring 109,998 shares at $24.55 each. Meanwhile, Scott Stanley Erickson, the Chief Revenue Officer, sold a total of 538,518 shares at an average price of $17.98 and an additional 155,119 shares at $24.55. Other insiders, including Lisa Jones and Jacques Aigrain, also sold shares at varying prices.

Other Institutional Activity in Clearwater Analytics

Several institutional investors adjusted their positions in Clearwater Analytics. BlackRock, Inc. increased its holdings by 2,038,216 shares, bringing its total to 28,270,108 shares, valued at about $668.6 million. UBS Group AG significantly boosted its stake by 9,515,458 shares, ending with 14,735,354 shares worth approximately $348.5 million, marking a 182.3% increase. HBK Investments L.P. also substantially increased its position by 13,501,697 shares, now holding 13,875,000 shares valued at $328.1 million, a 3616.8% increase. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both opened new positions, with holdings of 18,293,833 shares valued at $432.6 million and 13,097,435 shares valued at $309.8 million, respectively.

Clearwater Analytics Holdings, Inc. Stock Holds Steady

Shares of Clearwater Analytics Holdings, Inc. (NYSE: CWAN) traded near $24.56 on Friday. The company boasts a market capitalization of approximately $7.29 billion, with a forward P/E ratio of 28.44 and a beta of 0.596, indicating lower volatility compared to the market. The stock's 52-week range has seen a low of $15.74 and a high of $24.54. Its 50-day moving average is $24.26, while the 200-day moving average is $22.21. Clearwater Analytics maintains a current ratio of 2.26 and a quick ratio of 1.96, with a debt-to-equity ratio of 41.90.

Analysts Set New Price Targets

Recently, several analysts have set new price targets for Clearwater Analytics. On May 20, 2026, DA Davidson maintained a 'hold' rating with a price target of $24.55. Earlier in the year, RBC Capital, Morgan Stanley, and UBS all downgraded the stock to 'hold' with similar price targets. The consensus among analysts, based on seven opinions, suggests a mean target price of $24.47.

About Clearwater Analytics Holdings

Clearwater Analytics Holdings, Inc. offers a Software-as-a-Service (SaaS) platform that provides automated investment data aggregation, reconciliation, accounting, and reporting services. Headquartered in Boise, Idaho, the company serves a diverse range of clients, including insurers, asset managers, hedge funds, banks, corporations, and government entities. Under the leadership of CEO Sandeep Sahai, Clearwater employs around 3,000 people and has been operating since 2004.

Bottom Line

Souvik Das's recent purchase of Clearwater Analytics shares signals confidence from the company's leadership. Investors often watch insider transactions for insights into how executives view their company's prospects. It's important to note that these trades are disclosed after the fact and may not reflect current holdings.