Have Insiders Sold Clearwater Analytics Holdings Shares Recently?

Anyone interested in Clearwater Analytics Holdings, Inc. (NYSE:CWAN) should probably be aware that the Chief Client Officer, Subi Sethi, recently divested US$362k worth of shares in the company, at an average price of US$19.46 each. The eyebrow raising move amounted to a reduction of 19% in their holding.

View our latest analysis for Clearwater Analytics Holdings

The Last 12 Months Of Insider Transactions At Clearwater Analytics Holdings

Notably, that recent sale by Subi Sethi is the biggest insider sale of Clearwater Analytics Holdings shares that we've seen in the last year. So we know that an insider sold shares at around the present share price of US$19.08. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).

Clearwater Analytics Holdings insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

I will like Clearwater Analytics Holdings better if I see some big insider buys. While we wait, check out this free list of undervalued and small cap stocks with considerable, recent, insider buying.

Does Clearwater Analytics Holdings Boast High Insider Ownership?

For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It appears that Clearwater Analytics Holdings insiders own 0.4% of the company, worth about US$21m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders.

So What Do The Clearwater Analytics Holdings Insider Transactions Indicate?

An insider hasn't bought Clearwater Analytics Holdings stock in the last three months, but there was some selling. And even if we look at the last year, we didn't see any purchases. Insiders own shares, but we're still pretty cautious, given the history of sales. We'd practice some caution before buying! If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.