The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Clearwater Analytics Holdings Inc shares valued at $511,059 were sold by Cox James S on Feb 18 ’25. At $27.33 per share, Cox James S sold 18,700 shares. The insider’s holdings dropped to 274,857 shares worth approximately $8.23 million following the completion of this transaction.
Also, JAMES COX purchased 18,700 shares, netting a total of over 503,217 in proceeds.
Before that, Sahai Sandeep had sold 50,000 shares from its account. In a trade valued at $1,381,560, the Chief Executive Officer traded Clearwater Analytics Holdings Inc shares for $27.63 each. Upon closing the transaction, the insider’s holdings decreased to 50,000 shares, worth approximately $18.44 million.
As published in a research note from Piper Sandler on February 20, 2025, Clearwater Analytics Holdings Inc [CWAN] has been rated up from a Neutral to an Overweight and the price target has been revised to $36 from $28. Analysts at Morgan Stanley upgraded the stock from ‘”an Equal-weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid January. As of January 14, 2025, DA Davidson has increased its “Neutral” rating to a “Buy” for CWAN. Earlier on November 08, 2024, DA Davidson downgraded its rating. Their new recommendation was “a Neutral” for CWAN stock which previously was a “a Buy”.
Analyzing CWAN Stock Performance
During the last five days, there has been a surge of approximately 9.03%. Over the course of the year, Clearwater Analytics Holdings Inc shares have jumped approximately 8.79%. Shares of the company reached a 52-week high of $32.00 on 02/20/25 and a 52-week low of $25.39 on 01/13/25. A 50-day SMA is recorded $28.18, while a 200-day SMA reached $24.57. Nevertheless, trading volume fell to 12.44 million shares from 3.29 million shares the previous day.
Support And Resistance Levels for Clearwater Analytics Holdings Inc (CWAN)
According to the 24-hour chart, there is a support level at 28.87, which, if violated, would cause prices to drop to 27.79. In the upper region, resistance lies at 31.51. The next price resistance is at 33.07. RSI (Relative Strength Index) is 61.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.07, which suggests the price will decrease in the coming days. Percent R is at 38.94%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
