KD Logo

Clearwater Analytics Holdings Inc (CWAN) gets rating Downgrade from DA Davidson

Clearwater Analytics Holdings Inc’s recent filing unveils that its Chief Financial Officer Cox James S unloaded Company’s shares for reported $0.57 million on Nov 15 ’24. In the deal valued at $30.34 per share,18,700 shares were sold. As a result of this transaction, Cox James S now holds 219,044 shares worth roughly $7.0 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, JAMES COX bought 18,700 shares, generating $569,415 in total proceeds.

Before that, Galibier Purchaser, LLC sold 6,252,549 shares. Clearwater Analytics Holdings Inc shares valued at $182,011,701 were divested by the Director at a price of $29.11 per share. As a result of the transaction, Galibier Purchaser, LLC now holds 0 shares, worth roughly $0.0.

DA Davidson downgraded its Clearwater Analytics Holdings Inc [CWAN] rating to a Neutral from a a Buy in a research note published on November 08, 2024; the price target was increased to $35 from $31. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early November from “a Neutral” to “an Overweight”. Citigroup began covering CWAN with “Buy” recommendation on August 19, 2024. Oppenheimer revised its rating on July 08, 2024. It rated CWAN as “an Outperform” which previously was an “a Perform”.

Price Performance Review of CWAN

On Friday, Clearwater Analytics Holdings Inc [NYSE:CWAN] saw its stock jump 0.60% to $31.94. Over the last five days, the stock has gained 4.76%. Clearwater Analytics Holdings Inc shares have risen nearly 59.46% since the year began. Nevertheless, the stocks have risen 53.19% over the past one year. While a 52-week high of $35.71 was reached on 11/07/24, a 52-week low of $15.62 was recorded on 05/01/24. SMA at 50 days reached $27.15, while 200 days put it at $21.35.

Levels Of Support And Resistance For CWAN Stock

The 24-hour chart illustrates a support level at 31.61, which if violated will result in even more drops to 31.27. On the upside, there is a resistance level at 32.14. A further resistance level may holdings at 32.33. The Relative Strength Index (RSI) on the 14-day chart is 69.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.36%. Stochastics %K at 56.18% indicates the stock is a holding.

How much short interest is there in Clearwater Analytics Holdings Inc?

A steep rise in short interest was recorded in Clearwater Analytics Holdings Inc stocks on 2024-10-31, dropping by -2.67 million shares to a total of 7.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 10.38 million shares. There was a decline of -34.64%, which implies that there is a negative sentiment for the stock.

Most Popular