Clearwater analytics CFO Cox sells $2.2 million in CWAN stock
#Clearwater Analytics #Insider Trading #CWAN stock #CFO Cox #Performance stock units #Tax withholding #Private equity acquisition #Analyst downgrades
📌 Key Takeaways
- CFO James S. Cox sold $2.2 million worth of Clearwater Analytics stock to cover tax obligations
- The same day, Cox acquired 177,337 additional shares through performance stock unit vesting
- Analysts predict Clearwater will be profitable this year despite recent losses
- Multiple firms downgraded the stock following the acquisition agreement announcement
- Clearwater secured a major partnership with Generali Deutschland AG for €40 billion fund management
📖 Full Retelling
🏷️ Themes
Executive Trading, Corporate Finance, Mergers & Acquisitions, Market Analysis
📚 Related People & Topics
Insider trading
Trading using nonpublic information
# Insider Trading **Insider trading** is the trading of a public company's stock or other securities (such as bonds or stock options) based on **material, nonpublic information** about the company. While the practice is common, its legality is subject to complex regulations that vary significantly ...
Clearwater Analytics
US-based financial technology company
Clearwater Analytics Holdings, Inc. is an American software-as-a-service (SaaS) fintech company that provides automated investment accounting, performance, compliance, and risk reporting worldwide. Clearwater is a publicly traded company headquartered in Boise, Idaho, with additional offices in Lond...
Entity Intersection Graph
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