Chief Revenue Officer Scott Erickson sold 3,890 shares of Clearwater Analytics Holdings Inc (CWAN, Financial) on November 11, 2024, as reported in a recent SEC Filing. Following this transaction, the insider now owns 6,373 shares of the company.
Clearwater Analytics Holdings Inc specializes in providing investment data management solutions for institutional investors, investment managers, and administrators. The company's platform assists in the aggregation, reconciliation, and reporting of investment assets.
Over the past year, Scott Erickson has sold a total of 137,654 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within the company, where there have been 43 insider sells and no insider buys over the past year.
Shares of Clearwater Analytics Holdings Inc were trading at $31.34 on the day of the transaction. The company has a market cap of approximately $6.61 billion. The price-earnings ratio stands at 3,762.50, significantly higher than both the industry median of 26.85 and the company's historical median.
The stock's GF Value is estimated at $21.17, indicating that at a price of $31.34, Clearwater Analytics Holdings Inc is significantly overvalued with a price-to-GF-Value ratio of 1.48.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.
This insider sale might interest investors tracking ownership changes and evaluating the stock's current valuation metrics against historical and industry benchmarks.
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.
