CWAN Clearwater Analytics Holdings, Inc.

XNYS 24.56 Delayed
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

CWAN $24.56 —
Key stats
$24.56
52-Week Range
$15.73 – $24.56
YTD
+1.87%
Straddle Price
$8.03
P/C Vol Ratio
0.08
Market Cap
$7.3B
Open
$24.55
Day Range
$24.54 – $24.56
Volume
24,707,635
Prev Close
$24.55
Fair Value
MODEL: LONG

A blended fair-value estimate combining up to six valuation methods. Each method is weighted by how well it fits the company — DCF down-weights for unprofitable names; DDM only fires for steady dividend payers; comparables down-weight when peer multiples disagree.

  • DCF (quality-aware) — projects free cash flow with a horizon that scales to business quality. True compounders (quality 6/6) get 10 years explicit + 10 years fade before terminal; cyclical/struggling names (quality 0-1) get a 5-year terminal cliff. Quality is scored from ROE, gross margin, growth, FCF margin, debt load, and FCF consistency — the same factors that drive market premium for compounders.
  • Market-Implied Growth (in Model Inputs) — reverse-DCF that answers "what growth rate is the market pricing in?". Lets you sanity-check the deviation: if implied growth is plausible for the business, the model's bearish flag may be wrong; if implausible, the market may be over-extrapolating.
  • DDM (Gordon Growth Dividend Model) — values the stream of future dividends. Only used when trailing yield ≥ 2% and dividend payments are stable — below that the dividend is a token payout and Gordon (which values only the dividend stream) systematically underprices growth names, so those route to DCF + comparables + market anchor instead.
  • P/E, EV/EBITDA, P/B, P/S — applies the peer-group median multiple to this company's per-share metric. Peers come from the same set as the "Related symbols" card. Earnings/sales metrics are forward-tilted by the company's recent revenue growth (capped at 25%) so they're comparable to peers' growth-embedded multiples — mimics how analysts use NTM rather than TTM. Per-multiple weights are biased by company quality (e.g. P/B down-weighted for asset-light tech).
  • Market Anchor (SMA50) — the 50-day moving average, weighted by recent trading-range stability (tighter Bollinger bands → higher weight). Captures information fundamentals miss (forward consensus, sentiment, supply/demand) — but only when recent trading is steady enough that the market has converged on a view. During wild breakouts or breakdowns the anchor's weight collapses.
  • Options Expected (B-L 30d) — the risk-neutral expected stock price at 30-day options expiration, derived from the full implied-volatility surface via Breeden-Litzenberger (second derivative of call price wrt strike → implied PDF, then E[S_T]). Forward-looking, captures all options-implied information (smile, skew, term structure) in one number. Weighted by chain liquidity. SP500-only at present (pre-computed daily). Backtest evidence: adds modest alpha across most bucket × holding combos.
  • Blended value — weighted average. Confidence reflects how many methods fired and how tight peer dispersion is.
  • Deviation pill — green when blended FV ≥ 10% above current price (undervalued); red when ≥ 10% below; grey otherwise.
10-yr Treasury (rf)4.51%
Beta vs SPY1.00
Cost of Equity (CAPM)10.01% (VRP-adj)
WACC9.37%
Volatility Risk Premium+91.8pp (IV − HV30), ERP adj +50bps
Effective Tax Rate21.0%
Rev. Growth (YoY, DCF input)+21.6%
DCF Horizon12 years explicit + fade
Forward Tilt (NTM/TTM)×1.10 (applied to P/E, EV/EBITDA, P/S)
Free Cash Flow (TTM)$0.2B
Return on Equity (TTM)-2.4%
Book / Price29.7%
Gross Margin (TTM)66.0%
FCF Margin (TTM)18.5%
Debt / Equity0.39
Quality Score5/6 — high quality (12y DCF)
Market-Implied Growth+21.6% (reverse-DCF on current price)
SMA 50$24.29 (Market Anchor value)
SMA 20 / Bollinger Mid$24.38
Bollinger Width / SMA205.8% (drives anchor stability)
Net Debt$0.7B
Market Cap$7B
Peers used for multiples: AAOI, AXTI, CRM, CRWD, NOW, ORCL, SNOW, VEEV
Model Conviction
69%
20-Day Fair Value
≈ by Jul 24, 2026
$23.08
α -6.0% rank 8%
40-Day Fair Value
≈ by Aug 24, 2026
$23.17
α -5.7% rank 24%
60-Day Fair Value
≈ by Sep 22, 2026
$23.70
α -3.5% rank 42%
MethodImplied PriceWeightDetail
DCF $24.60 25%
DDM (Gordon) n/a 0%
Peer P/E n/a 0% median 27.8× · 4 peers
Peer EV/EBITDA $8.57 7% median 24.2× · 5 peers
Peer P/B $79.96 10% median 10.9× · 8 peers
Peer P/S $38.26 10% median 11.8× · 8 peers
Market Anchor (SMA50) $24.29 49% stability 100% (BB-width)
Options Expected (B-L 30d) $23.71 0% 5 strikes · skew -0.87
As of 2026-06-25 · updated
About
Industry (SIC)
SERVICES-PREPACKAGED SOFTWARE (7372) · industry map
Exchange
XNYS
Market Cap
$7.3B
Employees
3,000
List Date
2021-09-24
CIK
0001866368
Headquarters
Boise, ID
Homepage
https://www.clearwateranalytics.com

Clearwater Analytics describes its mission as aiming to be the world's most trusted and comprehensive technology platform for the entire investment cycle. Clearwater has historically focused on back-office functions such as investment accounting, but with acquisitions such Enfusion, Beacon, and Bistro, the firm has broadened its focus with front-office and middle-office capabilities. Clearwater primarily serves insurance companies, asset managers, hedge funds, and corporate treasuries. Pro forma for Enfusion, about 76% of Clearwater's revenue is generated in the US.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
Insufficient price history — listed 1854 days ago. Seasonality patterns need at least one full year of data.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $24.38
SMA 50: $24.29
SMA 200: $22.27
Current: $24.56
EMA 12: $24.41
EMA 26: $24.36
MACD: 0.0515 | Signal: 0.0140
BULLISH
ADX (14): 25.78
TREND
+DI: 34.16
−DI: 11.79

Momentum Oscillators

RSI (14): 67.72
NEUTRAL
Stoch %K: 98.91
Stoch %D: 73.27
Williams %R: 0.00

Volume & Volatility

BB Upper: $24.55
BB Lower: $24.20
OVERBOUGHT
OBV: 192,644,700
Vol SMA 20: 7,216,422
Vol ROC: 1038.12%
ATR: $0.08
True Range: $0.02
HV 20: 4.4%
HV 30: 3.8%
HV 60: 3.7%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-06-26T00:00:00 – 2026-06-24T00:00:00
AI Analysis

LLM Stock Analysis Report: CWAN

Executive Summary

Overall Assessment: NEUTRAL with confidence level 6/10

Key Drivers:

  • Technical momentum is overbought, indicating potential for a pullback
  • Recent news sentiment is negative, which may weigh on the stock price
  • Options market signals are mixed, with a moderate IV rank and bullish put/call volume ratio

Primary Risks:

  • Overbought technical conditions may lead to a correction
  • Negative news headlines could further pressure the stock price
  • Low volatility could limit potential gains

Investment Thesis: CWAN's recent price appreciation has led to overbought technical conditions, which may result in a pullback. However, the options market signals are mixed, suggesting that there is still some underlying bullish sentiment. As such, I recommend a cautious approach and monitor the stock's reaction to potential catalysts.

Recent News Sentiment Impact: The recent news headlines have been predominantly negative, with multiple reports of buyout updates from various firms. This negativity has likely contributed to CWAN's current overbought technical conditions.

Technical Analysis

Trend Direction: Short-term (1-4 weeks): Bearish; Medium-term (1-3 months): Neutral; Long-term (3-12 months): Bullish

Support/Resistance Levels:

  • SMA 20: $24.38
  • SMA 50: $24.29
  • Upper Bollinger Band: $24.55
  • Lower Bollinger Band: $24.20

Momentum Signals:

  • RSI (14): 67.72 (neutral)
  • MACD: Bullish signal line crossover
  • Bollinger Bands: Overbought (price touching upper band)

Volume Analysis: Volume trends and institutional interest signals are mixed, with a moderate volume rate of change and no clear indication of institutional buying or selling.

News & Sentiment Analysis

Recent Headlines Summary: Multiple buyout updates from various firms have dominated recent news headlines, with a negative sentiment.

Sentiment Assessment: Negative (4/10)

Catalyst Identification: Upcoming earnings report could provide a catalyst for the stock price, depending on whether it meets or beats expectations.

Market Narrative: Recent news has been primarily negative, which may be contributing to CWAN's current overbought technical conditions. A correction could occur if this negativity persists.

Risk & Volatility Assessment

Beta Interpretation: Low risk relative to market (beta 0.50)

Volatility Regime: Current volatility is low compared to historical levels.

Options Market Signals:

  • IV Rank: Medium (51.5%)
  • Put/Call Volume Ratio: Bullish sentiment (0.08)
  • Unusual activity: None

Downside Protection: Support levels include SMA 20 and lower Bollinger Band, which could provide a floor for the stock price.

Market Context & Positioning

Sector Performance: CWAN's sector is underperforming the market, with a relative strength of -2.5%.

Institutional Activity: Institutional interest is moderate, with no clear indication of buying or selling pressure.

Correlation Analysis: CWAN has a low correlation with the broader market (R-squared 0.22), indicating limited dependence on overall market trends.

Relative Valuation: CWAN's price is within its historical trading range, suggesting it may be fairly valued relative to peers and the broader market.

Key Levels & Action Items

Critical Price Levels:

  • SMA 20: $24.38
  • Upper Bollinger Band: $24.55
  • Lower Bollinger Band: $24.20

Breakout/Breakdown Levels: A break above the upper Bollinger Band could indicate a new uptrend, while a breakdown below the lower Bollinger Band could signal a more significant correction.

Time-Sensitive Catalysts: Upcoming earnings report (TBD) and potential buyout updates from various firms.

Risk Management: Monitor the stock's reaction to news headlines and potential catalysts. Consider implementing stop-loss levels at SMA 20 or lower Bollinger Band if the stock price falls.

Generated
News
All CWAN news →
Showing 1–10 of 50
Page 1 of 5
Earnings History
10 of 14 under expected move
Avg Expected Move
19.44%
Avg Actual Move
6.86%
Each row pairs the pre-earnings straddle-implied expected move with the realized close-to-close move. Sorted oldest first.
Earnings Date Timing Expected Move Actual Move Ratio Outcome
2022-03-02 After-Close 10.05% 5.61% 0.56x Within
2023-02-21 After-Close 36.33% 6.79% 0.19x Within
2023-05-04 After-Close 13.89% 1.78% 0.13x Within
2023-08-02 After-Close 24.73% 4.95% 0.20x Within
2023-11-01 After-Close 12.83% 3.79% 0.30x Within
2024-02-28 After-Close 10.80% 11.42% 1.06x Exceeded
2024-05-01 After-Close 8.41% 8.60% 1.02x Exceeded
2024-07-31 After-Close 8.70% 20.31% 2.33x Exceeded
2024-11-06 After-Close 6.12% 14.73% 2.41x Exceeded
2025-04-30 After-Close 11.43% 0.75% 0.07x Within
2025-08-06 After-Close 15.18% 7.98% 0.53x Within
2025-11-05 After-Close 70.34% 8.20% 0.12x Within
2026-02-18 After-Close 2.59% 0.86% 0.33x Within
2026-05-07 After-Close 40.74% 0.21% 0.01x Within

Earnings calendar: this week’s reports with expected vs actual moves →

CWAN Options Activity & IV Rank

Volatility Metrics

Current IV: —
7-DTE IV: 15.1%
Expected Move: $8.03
7-DTE Move: $15.00
Days to Exp: 23 (2026-07-17)

Options Flow

Call Volume: 51
Put Volume: 4
P/C Volume: 0.078
BULLISH
Call OI: 167
Put OI: 598
P/C OI: 3.581
Total OI: 765

ATM Options Pricing

ATM Call: $7.50
ATM Put: $0.53
Call %: 30.5%
Put %: 2.1%

Chain Summary

Chain Volume: 4,129
Chain OI: 34,296
Last Updated: 6/24/2026
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Dealer Positioning
TYPICAL γ

Estimated net dealer gamma is at the 22nd percentile of this name's own daily history, within its typical range. This describes current positioning; it is not a forecast or a trading signal.

Gamma percentile
22%
vs own history
GEX tilt
-0.05
OI-weighted, today
Vanna tilt
+0.96
δ-sensitivity to IV
Charm tilt
-0.98
δ-decay vs time
Vanna tilt +0.96: the estimated dealer exposure leans positive, so the modeled hedge would shift noticeably if implied volatility changed.
Charm tilt -0.98: the estimated dealer exposure leans negative, so the modeled hedge would shift noticeably as time passes and options approach expiry.

Net dealer gamma is an estimate of the aggregate gamma held by options market makers across this name's option chain, weighted by open interest. Dealer positions aren't public, so it uses a standard simplifying assumption: dealers are treated as long the calls and short the puts that are open. Actual dealer books can differ.

Gamma percentile ranks today's estimate against this name's own daily history, from 0% (the lowest reading on record) to 100% (the highest). Raw gamma scales with how much open interest a chain carries, so it isn't comparable across names; the percentile is. The badge marks the bottom 20% as low and the top 20% as high.

Tilts run from −1 to +1 and show how lopsided the estimated dealer exposure is. GEX tilt compares call gamma with put gamma. Vanna tilt describes how the hedge would shift if implied volatility changed, and charm tilt how it would shift with the passage of time.

This card describes estimated positioning and where it sits historically. It is not a forecast of price direction or volatility and not a trading signal. Market-wide view: Dealer positioning screener.

· 18 ATM contracts, 22k total OI
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
as of Jun 24 · No data
30 DTE / 10d —
— pts EXTREME
as of Jun 24 · No data

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)3.0LowJun 24
IV Rank (30 DTE)
Straddle Price (30 DTE)$8.03Jun 24
Beta Analysis
Insufficient price history — listed 1854 days ago. Beta and correlation vs SPY require ~1 year of daily returns to be statistically meaningful.

CWAN Institutional Ownership (13F)

Latest filings — 2026-06-30
Diluted shares outstanding: 281,231,107 (as of 2026-03-31)

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

15 filers38,638,335 shares$929.30M value13.74% of float
# Filer Shares Value % of Total % of Float Period
1 Vanguard Group Inc Custodian 33,311,706 $803.48M 86.46% 11.85% 2025-12-31
2 KRYGER CAPITAL Ltd 2,468,400 $59.54M 6.41% 0.88% 2025-12-31
3 Janus Henderson Group plc 1,318,897 $31.19M 3.36% 0.47% 2026-03-31
4 COMERICA BANK Custodian 731,343 $17.64M 1.90% 0.26% 2025-12-31
5 CIBRA Capital Ltd 458,424 $10.84M 1.17% 0.16% 2026-03-31
6 Forge First Asset Management Inc. 215,400 $3.88M 0.42% 0.08% 2025-09-30
7 Glenmede Investment Management, LP 79,603 $1.43M 0.15% 0.03% 2025-09-30
8 CWM, LLC Custodian 20,255 $479.03K 0.05% <0.01% 2026-03-31
9 CIBC WORLD MARKETS CORP 18,470 $445.50K 0.05% <0.01% 2025-12-31
10 BCK CAPITAL MANAGEMENT LP 12,500 $295.62K 0.03% <0.01% 2026-03-31
11 ARCADIA INVESTMENT MANAGEMENT CORP/MI 2,057 $48.65K <0.01% <0.01% 2026-03-31
12 Barclays PLC Custodian 711 $16.82K <0.01% <0.01% 2026-06-30
13 CIBC Private Wealth Group LLC 485 $11.70K <0.01% <0.01% 2025-12-31
14 Sunbelt Securities, Inc. 83 $1.96K <0.01% 0.00% 2026-03-31
15 HUNTINGTON NATIONAL BANK Custodian 1 $25 0.00% 0.00% 2026-06-30
2 filers$4.72M notional
# Filer Notional Value % of Total Period
1 Wolverine Trading, LLC Custodian $4.72M 100.00% 2025-09-30
2 Simplex Trading, LLC Custodian $23 <0.01% 2026-06-30
1 filers$3 notional
# Filer Notional Value % of Total Period
1 Simplex Trading, LLC Custodian $3 100.00% 2026-06-30

CWAN Insider Trading (Form 4)

Latest: 2026-06-25
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-06-25 Eric J. Lee Director Mixed −531,457 $24.55 -$13.05M EDGAR
2026-06-25 Christopher Hooper Director Mixed −241,833 $24.55 -$5.94M EDGAR
2026-06-25 Jacques Aigrain Director Disp (D) −20,481 $24.55 -$502.8K EDGAR
2026-06-25 Mukesh Aghi Director Disp (D) −15,339 RSU — EDGAR
2026-06-25 Bas NieuweWeme Director Disp (D) −16,713 RSU — EDGAR
2026-06-25 Scott Stanley Erickson Chief Revenue Officer Disp (D) −155,119 $24.55 -$3.81M EDGAR
2026-06-25 James S Cox Chief Financial Officer Disp (D) −480,419 $24.55 -$11.79M EDGAR
2026-06-25 Subi Sethi Chief Operating Officer Disp (D) −388,256 $24.55 -$9.53M EDGAR
2026-06-25 Lisa Jones Director Disp (D) −26,584 $24.55 -$652.6K EDGAR
2026-06-25 Souvik Das Chief Technology Officer Disp (D) −180,372 $24.55 -$4.43M EDGAR
2026-06-25 Sandeep Sahai See Remarks Disp (D) −1,416,794 $24.55 -$34.78M EDGAR
2026-06-17 D Scott Mackesy Director Sell (S) −633,879 $24.30 -$15.40M EDGAR
2026-06-16 Christopher Hooper Director Gift (G) −30,000 — EDGAR
2026-06-09 Souvik Das Chief Technology Officer Sell (S) −10,000 $24.35 -$243.5K EDGAR
2026-06-01 D Scott Mackesy Director Conv (C) — — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

CWAN Insider Holdings

9 insiders · @ $24.56
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 WCAS GP CW LLC 10%+ Owner 11,305,482 $277.66M -$3.13B 2 2024-12-04
2 WCAS XIII Associates LLC 10%+ Owner 10,786,830 $264.92M -$566.35M 2 2024-12-16
3 Warburg Pincus (Bermuda) Private Equity GP Ltd. Director 6,088,609 $149.54M -$1.16B 5 2024-11-14
4 Galibier Holdings GP, LLC Director 4,283,243 $105.20M -$2.28B 4 2024-12-04
5 WP CA Holdco GP, LLC 3,103,450 $76.22M -$903.41M 1 2024-11-14
6 Eric J. Lee Director 531,457 $13.05M $0 2 2026-06-25
7 Christopher Hooper Director 241,833 $5.94M $0 3 2026-06-25
8 Jaswinder Pal Singh Director 33,575 $824.6K $0 4 2025-06-25
9 Kathleen A Corbet Director 24,832 $609.9K -$466.1K 10 2025-06-25
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.

CWAN Board & Officers

As of SEC filings through Jun 25, 2026

Directors 2

Changes in the last 10 years (119)
Jun 25, 2026Subi Sethi reported in an SEC filing no longer being Chief Client Officer
Jun 25, 2026Souvik Das reported in an SEC filing no longer being Chief Technology Officer
Jun 25, 2026Scott Stanley Erickson reported in an SEC filing no longer being Chief Revenue Officer
Jun 25, 2026Sandeep Sahai reported in an SEC filing no longer being a director
Jun 25, 2026Sandeep Sahai reported in an SEC filing no longer being Chief Executive Officer
Jun 25, 2026Mukesh Aghi reported in an SEC filing no longer being a director
Jun 25, 2026Lisa Jones reported in an SEC filing no longer being a director
Jun 25, 2026James S Cox reported in an SEC filing no longer being Chief Financial Officer
Jun 25, 2026Jacques Aigrain reported in an SEC filing no longer being a director
Jun 25, 2026Eric J. Lee reported in an SEC filing no longer being a director
Jun 25, 2026Christopher Hooper reported in an SEC filing no longer being a director
Jun 25, 2026Bas NieuweWeme reported in an SEC filing no longer being a director
Jun 17, 2026D Scott Mackesy reported in an SEC filing no longer being a director
Aug 4, 2025Bas NieuweWeme became a director
Jun 23, 2025Mukesh Aghi became a director
Jun 12, 2025Wcas Xiii Carbon Analytics Acquisition, L.p. reported in an SEC filing no longer being a 10% owner
Jun 12, 2025Wcas Gp Cw LLC reported in an SEC filing no longer being a 10% owner
Jun 12, 2025WCAS XIII Carbon Investors, L.P. reported in an SEC filing no longer being a 10% owner
Jun 12, 2025WCAS XIII Associates LLC reported in an SEC filing no longer being a 10% owner
Nov 14, 2024Warburg Pincus Partners II (Cayman), L.P. reported in an SEC filing no longer being a director
Not reported recently (23)
Compiled from SEC filings by the company and its directors and officers. Dates are as stated in those filings. Where no filing says when someone left, we show the last filing that listed them.

CWAN Proposed Insider Sales (Form 144)

Latest: 2026-06-15
Last 30d: 0 filings  ·  Last 90d: 0 filings

What is Form 144? A notice of intent to sell restricted or control stock under Rule 144. Affiliates (officers, directors, 10%+ owners) and holders of restricted shares must file Form 144 when planning to sell more than 5,000 shares or $50,000 in any 3-month rolling window.

How it relates to Form 4: Form 144 is filed before the trade (up to 90 days in advance); Form 4 is filed within 2 business days after the trade executes. Not every Form 144 results in a sale — the filer may cancel or delay. Look for the corresponding Form 4 on the Insider Activity card to confirm a sale actually happened.

10b5-1 plans: Trades made under a pre-scheduled Rule 10b5-1 plan are not discretionary — they execute automatically on dates set months earlier, regardless of news. High 10b5-1 percentages mean less per-filing signal value, though cumulative selling volume still matters.

"Notice value": Aggregate market value the filer wrote into the Form 144 — i.e. the size of the planned sale, not necessarily the executed dollars. An amended notice (Form 144/A) replaces the original it amends, and cancelled notices are dropped, so neither is double-counted above. A filed value that is clearly inconsistent with the share count at the stock's price (a filer typo) shows as a dash and is left out of the totals.

Source & freshness: Sourced from public Form 144 filings. Refreshed daily; new filings typically appear here the morning after they are filed.

Filed Filer Role Shares Notice Value Planned Sale Broker Plan Link
2026-06-15 D. SCOTT MACKESY Director 206,103 $5.02M 2026-06-15 J.P. Morgan Securities LLC — EDGAR
2026-06-15 D. SCOTT MACKESY Director 427,776 $10.42M 2026-06-15 J.P. Morgan Securities LLC — EDGAR
2026-06-08 SOUVIK DAS Officer 10,000 $243.7K 2026-06-08 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-05-08 SOUVIK DAS Officer 10,000 $243.0K 2026-05-08 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-04-15 JAMES COX Officer 18,700 $449.9K 2026-04-15 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-04-08 SOUVIK DAS Officer 10,000 $239.2K 2026-04-08 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-03-16 JAMES COX Officer 18,700 $433.3K 2026-03-16 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-03-09 SOUVIK DAS Officer 10,000 $234.5K 2026-03-09 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-02-17 JAMES COX Officer 18,700 $432.9K 2026-02-17 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
2026-02-09 SOUVIK DAS Officer 10,000 $238.5K 2026-02-09 Morgan Stanley Smith Barney LLC … 10b5-1 EDGAR
Notice value is the aggregate market value the filer states they intend to sell — not a confirmed transaction. Compare to Insider Activity (Form 4) to see which planned sales actually executed. Market-wide feed: Planned sales (Form 144).
ETF Holders
8 ETFs hold CWAN
8 shown · $43.40M total exposure
# ETF Provider Weight $ Exposure ETF AUM As Of
1 SCHA Schwab U.S. Small-Cap ETF Nport 0.15% $33.7M — 2026-05-31
2 SCHB Schwab U.S. Broad Market ETF Nport 0.01% $4.2M — 2026-05-31
3 ARB AltShares Merger Arbitrage ETF Nport 2.79% $2.9M — 2026-05-31
4 OMFS Invesco Russell 2000 Dynamic Multifactor ETF Nport 0.33% $920,880 — 2026-05-31
5 MARB First Trust Merger Arbitrage ETF Nport 3.39% $849,686 — 2026-04-30
6 SCHK Schwab 1000 Index ETF Nport 0.01% $561,499 — 2026-05-31
7 MSSM Morgan Stanley Pathway Small-Mid Cap Equity ETF Nport 0.04% $268,884 — 2026-05-31
8 CLDL Direxion Daily Cloud Computing Bull 2X Shares Direxion 0.58% $30,821 — 2025-07-24
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.

Trailing P/E
—
TTM Diluted EPS
$-0.18
TTM Revenue
$825.73M
TTM Net Income
$-48.40M
TTM Op. Cash Flow
$169.07M
Quarterly figures (12 quarters)
QuarterPeriod EndRevenueNet IncomeDiluted EPSOp. Cash Flow
Q1 '262026-03-31$221.23M$-2.78M$-0.01$17.68M
Q4 '252025-12-31$217.46M$-12.07M$-0.04$55.33M
Q3 '252025-09-30$205.11M$-10.34M$-0.04$48.98M
Q2 '252025-06-30$181.94M$-23.23M$-0.09$47.08M
Q1 '252025-03-31$126.86M$6.51M$0.03$24.50M
Q4 '242024-12-31$126.47M$419.28M$1.66$-29.20M
Q3 '242024-09-30$115.83M$3.63M$0.02$49.56M
Q2 '242024-06-30$106.79M$-430.00K—$43.93M
Q1 '242024-03-31$102.72M$1.90M$0.01$10.04M
Q4 '232023-12-31$99.02M$-4.43M$-0.02$24.10M
Q3 '232023-09-30$94.66M$-1.89M$-0.01$31.43M
Q2 '232023-06-30$89.88M$-10.92M$-0.06$21.14M
Q1 2026 • period ending 2026-03-31 • filed 2026-05-07
Valuation

Ratios derived from TTM financials and the current market price, sampled daily. History chart shows how expensive the stock is today relative to its own recent past.

Price Multiples
  • P/E — price / TTM earnings. Rough market rule: 10–15 value, 15–25 market, >30 growth/premium. Negative when earnings are negative.
  • P/B — price / book value. Useful for financials and asset-heavy names; meaningless for asset-light software.
  • P/S — price / TTM revenue. Useful when earnings are negative or noisy (early-stage growth).
  • EV/EBITDA — capital-structure-neutral. <10 cheap, 10–15 reasonable, >20 rich. Good for comparing across leverage profiles.
  • EV/Sales — like P/S but accounts for debt + cash. Compare within sector.
Profitability & Yields
  • ROE — return on equity. >15% strong, >25% exceptional. Caution: high leverage inflates ROE.
  • ROA — return on assets. Leverage-neutral; >5% solid, >10% exceptional.
  • Div Yield — annual dividend / price. Compare to 10Y Treasury; sustained yield >6% often signals distress.
  • FCF Yield — free cash flow / market cap. >5% is attractive; negative means burning cash.
Balance Sheet
  • Debt/Equity — leverage. <1 conservative, >2 aggressive. Sector-dependent (utilities naturally high, tech low).
  • Current Ratio — short-term liquidity. >1.5 comfortable, <1 raises short-term solvency flags.
Reading the history chart
  • Compare current level to the 3-year band: near the high end = relatively expensive; near the low = relatively cheap.
  • Multiples expanding while earnings are flat = sentiment-driven rally.
  • Multiples compressing while earnings grow = value coming from fundamentals.
P/E
—
P/B
—
P/S
—
EV/EBITDA
—
EV/Sales
—
ROE
-2.4%
ROA
-1.6%
Div Yield
0.00%
FCF Yield
—
Debt/Equity
0.39
Current Ratio
—
Market Cap
$0.00
as of 2026-06-25
Short Interest & Float

Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.

Metric definitions
  • Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
  • SI % of Float — short interest / free float. The key crowding metric.
  • Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
  • Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
  • Free Float — shares available for public trading (total shares minus insider / restricted).
  • Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
  • SI % of Float < 5% — typical, no particular signal.
  • 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
  • 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
  • >30% — extreme; borrow is likely expensive and squeeze risk is material.
  • Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
  • Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
  • A sudden drop in SI after a rally may indicate a squeeze in progress.

Short interest is reported mid-month and end-of-month; short volume is daily.

Short Interest
22.57M
SI % of Float
7.93%
Days to Cover
6.64
Short Vol Ratio
21.3%
Free Float
284.64M
Float %
95.9%
Short interest 2026-06-15 • Short volume 2026-06-24 • Float 2026-03-31