CWAN

Clearwater Analytics Holdings Inc

CWAN.US cwan.com
Price N/A
USD · NYSE
52-week range
15.74
24.56
Market Cap
7.33B
P/E Ratio
0.00
Forward P/E
35.59
Book Value
6.90
Div. Yield
N/A
% Institutions
107.49%
% Insiders
1.17%

1 Year

+12.8%

3 Year

+55.6%

10 Year

-3.2%
Description

Clearwater Analytics Holdings, Inc. develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services in the United States and internationally. It offers portfolio management, order and execution management systems (OEMS), investment accounting, reconciliation, regulatory reporting, performance measurement, compliance monitoring, and risk analytics. The company offers a single instance, multi-tenant technology platform that automates data aggregation, reconciliation, validation, and trade management. It serves insurers, asset managers, hedge funds, banks, corporations, and government entities. The company was founded in 2004 and is headquartered in Boise, Idaho.

Company Information

Company Name
Clearwater Analytics Holdings Inc
Sector
Technology
Industry
Software - Application
Exchange
NYSE
ISIN: US1851231068
CIK: 0001866368
CUSIP: 185123106
Currency: USD
Full Time Employees: 3,000
Phone: 208 433 1200
Website: cwan.com
Fiscal Year End: December
IPO Date: Sep 24, 2021
Description:

Clearwater Analytics Holdings, Inc. develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services in the United States and internationally. It offers portfolio management, order and execution management systems (OEMS), investment accounting, reconciliation, regulatory reporting, performance measurement, compliance monitoring, and risk analytics. The company offers a single instance, multi-tenant technology platform that automates data aggregation, reconciliation, validation, and trade management. It serves insurers, asset managers, hedge funds, banks, corporations, and government entities. The company was founded in 2004 and is headquartered in Boise, Idaho.

Address:

777 W. Main Street, Boise, ID, United States, 83702

People

Directors & Officers

Name Title Year Born
Mr. Sandeep Sahai CEO & Director 1963
Mr. James S. Cox Jr. Chief Financial Officer 1972
Ms. Subi Sethi Chief Operating Officer 1977
Mr. Souvik Das Chief Technology Officer 1972
Mr. Scott Stanley Erickson Chief Revenue Officer 1980
Ms. Cindy Blendu Chief Administrative Officer 1977
Mr. Kamil Mielczarek C.F.A. Head of Investor Relations NA
Mr. Alphonse Valbrune J.D. Chief Legal Officer & Corporate Secretary 1971
Ms. Claudia Cahill Head of Communications & PR NA
Ms. Ann-Sophie Skjoldager Bom Director of Sales NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Apr 15, 2026 James S Cox N/A Sale 18.70K $24.07 $450.11K
Apr 08, 2026 Souvik Das N/A Sale 10.00K $24.01 $240.10K
Mar 31, 2026 James S Cox N/A Sale 21.63K $23.80 $514.82K
Mar 31, 2026 Sandeep Sahai N/A Sale 51.97K $23.80 $1.24M
Mar 31, 2026 Scott Stanley Erickson N/A Sale 18.79K $23.80 $447.20K
Mar 31, 2026 Souvik Das N/A Sale 14.69K $23.80 $349.53K
Mar 31, 2026 Subi Sethi N/A Sale 19.86K $23.80 $472.62K
Mar 16, 2026 James S Cox N/A Sale 18.70K $23.33 $436.27K
Mar 09, 2026 Souvik Das N/A Sale 10.00K $23.37 $233.70K
Feb 18, 2026 Sandeep Sahai N/A Sale 233.81K $23.44 $5.48M
Feb 18, 2026 Subi Sethi N/A Sale 76.69K $23.44 $1.80M
Feb 18, 2026 Souvik Das N/A Sale 88.85K $23.44 $2.08M
Feb 18, 2026 Scott Stanley Erickson N/A Sale 74.53K $23.44 $1.75M
Feb 18, 2026 James S Cox N/A Sale 93.93K $23.44 $2.20M
Feb 17, 2026 James S Cox N/A Sale 18.70K $22.96 $429.35K
Feb 09, 2026 Souvik Das N/A Sale 10.00K $23.89 $238.90K
Jan 15, 2026 James S Cox N/A Sale 18.70K $24.14 $451.42K
Jan 08, 2026 Souvik Das N/A Sale 10.00K $24.08 $240.80K
Jan 01, 2026 Subi Sethi N/A Sale 25.65K $24.09 $617.81K
Jan 01, 2026 Souvik Das N/A Sale 41.59K $24.09 $1.00M

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Vanguard Group Inc 33.31M Dec 31, 2025 11.20% $0.01 0.15%
BlackRock Inc 28.27M Mar 31, 2026 9.51% $0.01 7.77%
Vanguard Portfolio Management, LLC 18.29M Mar 31, 2026 6.15% $0.02 0.00%
UBS Group AG 14.74M Mar 31, 2026 4.96% $0.05 182.29%
HBK INVESTMENTS L P 13.88M Mar 31, 2026 4.67% $3.33 3,616.82%
Vanguard Capital Management, LLC 13.10M Mar 31, 2026 4.40% $0.01 0.00%
Fidelity International Ltd 11.77M Mar 31, 2026 3.96% $0.22 414.55%
Pentwater Capital Management LP 11.39M Mar 31, 2026 3.83% $1.40 337.88%
Millennium Management LLC 9.29M Mar 31, 2026 3.13% $0.09 522.64%
Citadel Advisors Llc 8.44M Mar 31, 2026 2.84% $0.03 638.32%
Glazer Capital, LLC 7.82M Mar 31, 2026 2.63% $3.92 148.68%
NORGES BANK 7.64M Dec 31, 2025 2.57% $0.02 57.31%
Balyasny Asset Management LLC 7.31M Mar 31, 2026 2.46% $0.22 109.69%
State Street Corp 6.89M Mar 31, 2026 2.32% $0.01 7.12%
Geode Capital Management, LLC 6.80M Mar 31, 2026 2.29% $0.01 3.20%
Starboard Value LP 5.46M Mar 31, 2026 1.84% $2.82 -45.19%
The Goldman Sachs Group Inc 5.26M Mar 31, 2026 1.77% $0.01 59.96%
Test Hedge Fund Mgmt 5.02M Mar 31, 2026 1.69% $5.49 92.05%
JPMorgan Chase & Co 4.44M Mar 31, 2026 1.49% $0.01 -2.64%
Blackstone Inc 4.07M Mar 31, 2026 1.37% $0.38 0.00%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Total Stock Mkt Idx Inv 9.37M 3.15% ▲ 0.22% Apr 30, 2026
2 Vanguard Small Cap Index 6.78M 2.28% ▼ 0.21% Apr 30, 2026
3 iShares Russell 2000 ETF 6.68M 2.25% ▲ 0.93% May 29, 2026
4 Fidelity Canadian Large Cap Sr B 5.90M 1.98% ▲ 0.00% Mar 31, 2026
5 Vanguard Information Technology ETF 5.61M 1.89% ▼ 6.19% Apr 30, 2026
6 Vanguard Small Cap Growth Index Inv 3.81M 1.28% ▲ 0.15% Apr 30, 2026
7 Vanguard Institutional Extnd Mkt Idx Tr 3.26M 1.10% ▲ 0.94% Apr 30, 2026
8 Fidelity Canadian Large Cp Mlt Ast Bs O 3.04M 1.02% ▲ 0.00% Mar 31, 2026
9 BlackRock Event Driven Equity Instl 2.94M 0.99% ▲ 0.00% Apr 30, 2026
10 Fidelity Small Cap Index 2.74M 0.92% ▲ 0.15% Mar 31, 2026

Financial Highlights

Market Cap: $7.33B
EBITDA: $109.07M
PEG Ratio: $1.78
Book Value: $6.90
Earnings/Share: $-0.18
Profit Margin: -5.82%
Operating Margin: 4.06%
ROA (TTM): -0.08%
ROE (TTM): -3.13%
Revenue (TTM): $825.73M
Revenue/Share (TTM): $2.89
Earnings Growth (YOY): 202.80%
Revenue Growth (YOY): 74.40%

Valuation Metrics

Enterprise Value: $8.09B
Trailing P/E: 0.00
Forward P/E: 35.59

Shares Statistics

Shares Outstanding: 297.38M
Shares Float: 294.30M
% Insiders: 1.17%
% Institutions: 107.49%
Short % Float: 7.48%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$731.37M
Cost of Goods Sold
adjust
$-239.22M
Gross Profit
subtotal
$492.15M
SG&A
adjust
$-154.43M
R&D
adjust
$-196.23M
Other Operating Expense
adjust
$-149.18M
Operating Income
subtotal
$-7.69M
Other / Non-Operating Items
adjust
$-31.12M
Net Income
subtotal
$-38.81M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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