Clearwater Analytics Holdings Inc’s filing revealed that its Chief Executive Officer Sahai Sandeep unloaded Company’s shares for reported $1.38 million on Feb 13 ’25. In the deal valued at $27.63 per share,50,000 shares were sold. As a result of this transaction, Sahai Sandeep now holds 615,855 shares worth roughly $ 16.57 million.
Then, SANDEEP SAHAI bought 50,000 shares, generating $1,373,000 in total proceeds.
Before that, Cox James S sold 18,700 shares. Clearwater Analytics Holdings Inc shares valued at $503,826 were divested by the Chief Financial Officer at a price of $26.94 per share. As a result of the transaction, Cox James S now holds 279,857 shares, worth roughly $7.53 million.
Morgan Stanley upgraded its Clearwater Analytics Holdings Inc [CWAN] rating to an Overweight from a an Equal-weight in a research note published on January 17, 2025; the price target was increased to $34 from $30. A number of analysts have revised their coverage, including DA Davidson’s analysts, who increased its forecast for the stock in mid January from “a Neutral” to “a Buy”. DA Davidson also remained covering CWAN and has decreased its forecast on November 08, 2024 with a “Neutral” recommendation from previously “Buy” rating. JP Morgan revised its rating on November 07, 2024. It rated CWAN as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of CWAN
On Friday, Clearwater Analytics Holdings Inc [NYSE:CWAN] saw its stock fall -3.03% to $26.91. Over the last five days, the stock has lost -6.11%. Clearwater Analytics Holdings Inc shares have fallen nearly -2.22% since the year began. Nevertheless, the stocks have risen 41.78% over the past one year. While a 52-week high of $35.71 was reached on 02/07/25, a 52-week low of $15.62 was recorded on 01/13/25. SMA at 50 days reached $28.28, while 200 days put it at $24.39.
Levels Of Support And Resistance For CWAN Stock
The 24-hour chart illustrates a support level at 26.56, which if violated will result in even more drops to 26.21. On the upside, there is a resistance level at 27.55. A further resistance level may holdings at 28.19. The Relative Strength Index (RSI) on the 14-day chart is 39.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.80%. Stochastics %K at 10.85% indicates the stock is a buying.
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 2025-01-31, growing by 53573.0 shares to a total of 8.38 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 8.32 million shares. There was a rise of 0.64%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 19, 2024 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $28 price target.
