On October 10, 2024, Scott Erickson, Chief Revenue Officer of Clearwater Analytics Holdings Inc (CWAN, Financial), sold 3,890 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 6,373 shares of Clearwater Analytics Holdings Inc.
Clearwater Analytics Holdings Inc specializes in providing investment data management and reporting solutions. The company's services cater to asset managers, insurance companies, and large corporations, offering them clear, actionable insights into investment portfolios.
Over the past year, Scott Erickson has sold a total of 133,764 shares and has not purchased any shares. This recent transaction is part of a broader trend observed within the company, where there have been 48 insider sells and no insider buys over the same period.
Shares of Clearwater Analytics Holdings Inc were priced at $25.38 on the day of the sale. The company currently holds a market cap of approximately $5.65 billion.
According to the GF Value, the intrinsic value of the stock is estimated at $21.69, which suggests that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.17. The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for expected business performance.
This insider sale could be of interest to investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation and market trends.
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.
