Das Souvik, an insider at Clearwater Analytics Holdings Inc (CWAN), executed a sale of 106,066 shares on November 11, 2025, at a price of $20.30 per share, totaling $2.15 million. Following this transaction, Souvik retains an equal number of shares in the company.
Clearwater Analytics, a Boise, Idaho-based technology firm, specializes in web-based investment portfolio accounting and reconciliation services. The company, which went public on September 24, 2021, has a market capitalization of $4.7 billion and a trailing P/E ratio of 11.66. The firm employs 1,915 individuals and provides services to a diverse clientele, including insurers, asset managers, and governments.
Insider sales can occur for various reasons, such as diversification or personal financial needs. While this transaction may attract attention, it is essential to note that routine sales do not inherently signal negative sentiment toward the company. Investors are advised to consider a broader context of insider activity, examining patterns across multiple transactions and individuals rather than focusing on isolated events.
Clearwater Analytics is set to report its upcoming earnings on April 28, 2026, with an estimated EPS of $0.17 and revenue expectations of $222.5 million. These metrics will provide further insight into the company's performance and outlook.