Insider Sale: CFO James Cox Sells Shares of Clearwater Analytics Holdings Inc (CWAN)

On September 16, 2024, James Cox, Chief Financial Officer of Clearwater Analytics Holdings Inc (CWAN, Financial), executed a sale of 18,700 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 227,503 shares of the company.

Clearwater Analytics Holdings Inc (CWAN, Financial) specializes in providing software-as-a-service (SaaS) solutions for automated investment data aggregation, reconciliation, accounting, and reporting. The company serves clients globally, including corporate treasuries, insurance companies, investment managers, and other institutional investors.

Over the past year, James Cox has sold a total of 126,075 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend at Clearwater Analytics Holdings Inc, where there have been 46 insider sells and no insider buys over the past year.

On the date of the sale, shares of Clearwater Analytics Holdings Inc were trading at $24.44. This pricing gives the company a market cap of approximately $5.41 billion. According to the GF Value, an intrinsic value estimate calculated by GuruFocus, the stock is currently modestly overvalued with a price-to-GF-Value ratio of 1.14. The GF Value of $21.41 is derived from historical trading multiples, an adjustment factor based on the company's past performance, and future business performance estimates.

For more detailed valuation metrics such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, investors are encouraged to visit the respective links.

This insider sale could be of interest to current and potential investors trying to understand market trends and the perspectives of high-level executives within Clearwater Analytics Holdings Inc.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.