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Clearwater Analytics Holdings, Inc. is purchased by Comerica Bank for 88,607 shares (NYSE:CWAN)

Clearwater Analytics Holdings, Inc. is purchased by Comerica Bank for 88,607 shares (NYSE:CWAN)

Comerica Bank increased its holdings in the company by 76.2% during the third quarter, as indicated by the most recent 13F filing that Clearwater Analytics Holdings, Inc. submitted with the Securities and Exchange Commission. The NYSE represents the company by the ticker symbol “CWAN.” The corporation finished the period with a total holding of 204,883 shares, having purchased an additional 88,607 shares of the company’s stock throughout the month. According to the most recent statement that Comerica Bank submitted to the Securities and Exchange Commission, the bank owned approximately 0.09% of Clearwater Analytics. In addition, this filing revealed that the value of the company’s stock was $3,151,000.

In recent months, hedge funds and other institutional investors have seen several changes regarding how they hold their CWAN shares. The first three months of 2018 saw Advisor Group Holdings Inc. increase the proportion of Clearwater Analytics owned by the company by 17.8%. During the most recent fiscal quarter, Advisor Group Holdings Inc. purchased 1,029 shares of the company’s stock. This brought the total number of shares that they own in the company to 6,823, with a value of $143,000. During the first quarter, the Bank of New York Mellon Corporation spent approximately $12,870,000 to acquire a new position at Clearwater Analytics. During the first three months of 2018, Citigroup Inc. increased its stake in Clearwater Analytics by purchasing additional shares for approximately 143,000 dollars. In the first three months of 2018, BlackRock Inc. increased the amount of Clearwater Analytics stock owned by 4.6%, bringing the total amount to 100%. The financial services company BlackRock Inc. currently has 470,328 shares of the company’s stock in its possession. The total value of these holdings is $9,874,000. This is a direct result of purchasing an additional 20,705 shares during the quarter immediately before the current one. During the first three months of 2018, Durable Capital Partners LP made an 11.3% increase in the number of shares of Clearwater Analytics that it owned, making that the final point of this article. The most recent quarter saw Durable Capital Partners LP acquire an additional 908,588 shares of the company’s stock. This brings the total number of shares that it owns in the company to 8,945,959, with a value of $187,865,000. 39.07% of the company’s stock is owned by institutional investors who have purchased large blocks of stock.

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