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 $114,489 were sold by Erickson Scott Stanley on Mar 10 ’25. At $27.65 per share, Erickson Scott Stanley sold 4,141 shares. The insider’s holdings dropped to 7,902 shares worth approximately $0.22 million following the completion of this transaction.
Also, SCOTT ERICKSON purchased 4,141 shares, netting a total of over 119,012 in proceeds.
Before that, Erickson Scott Stanley had sold 120,863 shares from its account. In a trade valued at $3,720,351, the Chief Revenue Officer traded Clearwater Analytics Holdings Inc shares for $30.78 each. Upon closing the transaction, the insider’s holdings decreased to 120,863 shares, worth approximately $0.22 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 drop of approximately -10.26%. Over the course of the year, Clearwater Analytics Holdings Inc shares have jumped approximately 0.07%. 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 $28.37, while a 200-day SMA reached $25.35.
Support And Resistance Levels for Clearwater Analytics Holdings Inc (CWAN)
According to the 24-hour chart, there is a support level at 27.07, which, if violated, would cause prices to drop to 26.60. In the upper region, resistance lies at 28.00. The next price resistance is at 28.46. RSI (Relative Strength Index) is 41.43 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.12, which suggests the price will decrease in the coming days. Percent R is at 90.08%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
