Clearwater Analytics Holdings Inc’s filing revealed that its Director SANDEEP SAHAI acquired Company’s shares for reported $1.35 million on Jan 13 ’25. In the deal valued at $27.03 per share,50,000 shares were bought.
Then, Cox James S sold 18,700 shares, generating $554,499 in total proceeds. Upon selling the shares at $29.65, the Chief Financial Officer now owns 214,044 shares.
Before that, JAMES COX bought 18,700 shares. Clearwater Analytics Holdings Inc shares valued at $552,772 were divested by the Officer at a price of $29.56 per share.
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 Monday, Clearwater Analytics Holdings Inc [NYSE:CWAN] saw its stock fall -4.18% to $25.90. Over the last five days, the stock has lost -7.04%. Clearwater Analytics Holdings Inc shares have fallen nearly -5.89% since the year began. Nevertheless, the stocks have risen 30.54% over the past one year. While a 52-week high of $35.71 was reached on 01/03/25, a 52-week low of $15.62 was recorded on 01/13/25. SMA at 50 days reached $29.18, while 200 days put it at $23.08.
Levels Of Support And Resistance For CWAN Stock
The 24-hour chart illustrates a support level at 25.17, which if violated will result in even more drops to 24.43. On the upside, there is a resistance level at 26.86. A further resistance level may holdings at 27.81. The Relative Strength Index (RSI) on the 14-day chart is 32.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.88, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.43%. Stochastics %K at 24.96% 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 2024-12-31, growing by 2.19 million shares to a total of 8.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 6.13 million shares. There was a rise of 26.35%, which implies that there is a positive sentiment for the stock.
