Functional Brands closes $8 million private placement and completes Nasdaq listing
Clearwater Analytics Holdings Inc (NYSE:CWAN), a $5.77 billion market cap company currently trading near $19.17, saw its Chief Financial Officer James S. Cox sell a total of $219,937 worth of Class A Common Stock on September 15, 2025. The sales were executed at prices ranging from $19.4762 to $19.71. The stock has declined nearly 28% over the past six months, though InvestingPro analysis indicates the company maintains a strong financial health score.
According to a Form 4 filing with the Securities and Exchange Commission, the CFO also exercised options to acquire shares of Clearwater Analytics Holdings . Cox exercised options for 16,457 shares at a price of $4.4, for a total value of $72410.
The filing also indicates that 10,182 shares were disposed of to cover tax obligations, with prices ranging from $19.4792 to $19.71, resulting in a total value of $198861.
In other recent news, Clearwater Analytics has reported significant developments that may interest investors. The company’s second-quarter results revealed a remarkable 70% year-over-year growth in total revenue and a 74% increase in adjusted EBITDA, surpassing DA Davidson’s forecasts by 5% and 10%, respectively. Additionally, Clearwater has authorized a $100 million share repurchase program, which aims to offset the dilutive impact of recent share issuances and reduce its public float. On the analyst front, RBC Capital has reiterated its Outperform rating with a price target of $36, while Goldman Sachs maintains a Buy rating with a $27 target, expressing confidence in Clearwater’s continued 20% growth. DA Davidson, however, adjusted its price target to $34 from $36, maintaining a Buy rating following the company’s strong quarterly performance.
Furthermore, Clearwater Analytics has unveiled enhancements to its Alternative Assets Solution, focusing on automating loan structures and synchronizing data to aid institutional investors in scaling their private credit operations. These advancements were announced at Clearwater’s annual Connect™25 user conference. Analysts from RBC Capital, who attended the conference, reinforced their positive outlook on the company. These recent developments highlight Clearwater’s ongoing efforts to innovate and strengthen its market position.
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