Clearwater Analytics (CWAN) CTO Souvik Das Buys $2.2M of Stock
Souvik Das, Chief Technology Officer of Clearwater Analytics, purchases 88,000 shares valued at $2.16 million.
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Souvik Das, Chief Technology Officer at Clearwater Analytics Holdings, Inc. ($CWAN), bought 88,000 shares at an average price of $24.55, worth about $2.16 million, on June 25, 2026. The trade was reported to the SEC in a Form 4 filing.
CWAN
Clearwater Analytics Holdings, Inc.
Key Points
- Souvik Das bought 88,000 shares of Clearwater Analytics at $24.55 each, totaling $2.16 million on June 25, 2026.
- This purchase comes as Clearwater Analytics shares are trading near their 52-week high of $24.56.
- The company's revenue for the last year was about $825.7 million, showing a growth rate of 74.4%.
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Insider Buying and Selling at Clearwater Analytics Holdings, Inc.
Souvik Das, the Chief Technology Officer of Clearwater Analytics Holdings, Inc. (CWAN), bought 88,000 shares at a price of $24.55 each. This purchase, valued at $2.16 million, took place on June 25, 2026. The stock is currently trading near its 52-week high of $24.56, which may indicate strong confidence in the company's future.
Other Insider Activity on the Same Day
On June 25, several other insiders at Clearwater Analytics were also active in the market. CEO Sandeep Sahai purchased 331,583 shares, investing about $8.14 million. Meanwhile, Subi Sethi, the Chief Operating Officer, bought 137,498 shares valued at approximately $3.38 million. Erickson Scott Stanley, the Chief Revenue Officer, also made a notable purchase of 78,833 shares worth around $1.94 million. In contrast, Bas Nieuweweme sold 16,713 shares, valued at about $410,304, on the same day.
Stock Performance Context
Clearwater Analytics shares are trading at $24.56, close to their 52-week high. The stock has shown solid performance, reflecting investor interest as it approaches this peak. With a forward P/E ratio of 28.03, the stock is viewed by analysts as a hold, indicating a cautious but stable outlook. The recent insider purchases suggest that executives are actively investing in the company, which could reflect their belief in its growth potential.
What Clearwater Analytics Holdings, Inc. Does
Clearwater Analytics Holdings, Inc. provides a Software-as-a-Service (SaaS) platform for investment data management. The company helps clients like insurers and asset managers with services such as data aggregation, reconciliation, and regulatory reporting. Founded in 2004 and based in Boise, Idaho, Clearwater Analytics has grown rapidly, reporting revenue of about $825.7 million last year.
What's Ahead for Clearwater Analytics Holdings, Inc.
Investors will be watching for Clearwater Analytics' next earnings report to see how the company continues to perform. The recent insider buying indicates strong confidence among top executives, suggesting they believe in the company's direction. Remember, the information from insider trades reflects past transactions and may not indicate current positions.
Related Filing Alerts
Source: Souvik Das's Form 4 filing on $CWAN (Jun 25, 2026). Find the original filing: CWAN Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts