Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Clearwater Analytics Holdings Inc shares valued at $3,720,351 were sold by Erickson Scott Stanley on Mar 03 ’25. At $30.78 per share, Erickson Scott Stanley sold 120,863 shares. The insider’s holdings dropped to 7,902 shares worth approximately $0.24 million following the completion of this transaction.
Also, SCOTT ERICKSON purchased 120,863 shares, netting a total of over 3,758,839 in proceeds.
Before that, Erickson Scott Stanley had sold 76,256 shares from its account. In a trade valued at $2,293,071, the Chief Revenue Officer traded Clearwater Analytics Holdings Inc shares for $30.07 each. Upon closing the transaction, the insider’s holdings decreased to 76,256 shares, worth approximately $2.4 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 1.19%. Over the course of the year, Clearwater Analytics Holdings Inc shares have jumped approximately 11.52%. 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 $28.40, while a 200-day SMA reached $25.12.
Support And Resistance Levels for Clearwater Analytics Holdings Inc (CWAN)
According to the 24-hour chart, there is a support level at 30.03, which, if violated, would cause prices to drop to 29.37. In the upper region, resistance lies at 31.10. The next price resistance is at 31.51. RSI (Relative Strength Index) is 58.63 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.80, which suggests the price will decrease in the coming days. Percent R is at 24.76%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
