Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Sees Significant Increase in Short Interest

17 Apr 2026, 22:57 by Renee Jackson · The Cerbat Gem

Clearwater Analytics Holdings, Inc. (NYSE:CWAN – Get Free Report) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 16,955,936 shares, a growth of 20.3% from the March 15th total of 14,088,919 shares. Approximately 5.9% of the shares of the company are sold short. Based on an average daily volume of 4,605,352 shares, the days-to-cover ratio is currently 3.7 days.

Clearwater Analytics Price Performance

Shares of NYSE CWAN traded down $0.01 during midday trading on Friday, reaching $24.10. The company’s stock had a trading volume of 2,196,798 shares, compared to its average volume of 4,348,041. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.83 and a current ratio of 1.83. The company has a market cap of $7.12 billion, a P/E ratio of -172.13, a P/E/G ratio of 3.35 and a beta of 0.64. The business’s 50 day moving average price is $23.54 and its two-hundred day moving average price is $22.04. Clearwater Analytics has a fifty-two week low of $15.73 and a fifty-two week high of $25.07.

Analyst Upgrades and Downgrades

CWAN has been the topic of a number of recent research reports. Weiss Ratings lowered Clearwater Analytics from a “hold (c)” rating to a “sell (d+)” rating in a research note on Monday, February 23rd. Oppenheimer lowered Clearwater Analytics from an “outperform” rating to a “market perform” rating in a report on Monday, December 22nd. Morgan Stanley reiterated an “equal weight” rating and set a $24.55 price objective (down from $27.00) on shares of Clearwater Analytics in a research report on Tuesday, January 27th. Wells Fargo & Company downgraded Clearwater Analytics from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $27.00 to $24.55 in a report on Thursday, January 8th. Finally, Loop Capital cut shares of Clearwater Analytics from a “buy” rating to a “hold” rating and reduced their target price for the company from $25.00 to $24.55 in a research report on Monday, December 22nd. Three research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $26.17.

View Our Latest Research Report on CWAN

Insider Activity at Clearwater Analytics

In other Clearwater Analytics news, CTO Souvik Das sold 10,000 shares of the stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $24.01, for a total value of $240,100.00. Following the transaction, the chief technology officer directly owned 200,109 shares of the company’s stock, valued at $4,804,617.09. This represents a 4.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Scott Stanley Erickson sold 18,790 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $23.80, for a total transaction of $447,202.00. Following the sale, the executive owned 155,119 shares of the company’s stock, valued at $3,691,832.20. This trade represents a 10.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 780,842 shares of company stock worth $18,358,880 in the last quarter. 3.31% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Clearwater Analytics

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of Clearwater Analytics by 21.9% in the third quarter. Vanguard Group Inc. now owns 33,261,349 shares of the company’s stock worth $599,370,000 after purchasing an additional 5,967,798 shares during the period. Wellington Management Group LLP lifted its position in Clearwater Analytics by 108.7% during the third quarter. Wellington Management Group LLP now owns 17,793,701 shares of the company’s stock worth $320,642,000 after purchasing an additional 9,268,950 shares during the period. Price T Rowe Associates Inc. MD lifted its position in Clearwater Analytics by 11.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,715,837 shares of the company’s stock worth $330,827,000 after purchasing an additional 1,459,150 shares during the period. Starboard Value LP acquired a new stake in Clearwater Analytics during the fourth quarter worth about $240,212,000. Finally, Wasatch Advisors LP increased its holdings in Clearwater Analytics by 3.0% in the 2nd quarter. Wasatch Advisors LP now owns 9,567,391 shares of the company’s stock valued at $209,813,000 after buying an additional 274,664 shares during the period. 50.10% of the stock is owned by institutional investors and hedge funds.

About Clearwater Analytics

(Get Free Report)

Clearwater Analytics LLC is a global provider of web-based investment portfolio accounting, reporting, and analytics solutions. The company’s software-as-a-service platform automates complex processes involved in investment data aggregation, reconciliation, valuation, and regulatory reporting. Serving institutional investors—including insurers, asset managers, corporations, government entities, and asset owners—Clearwater Analytics enables clients to optimize performance visibility, risk management, and operational efficiency.