Clearwater Analytics Holdings, Inc.

CWAN
NYSESoftware - Application

+34.1%

since IPO

IPO Price

$18.00

Current Price

$24.14

Return

+34.1%

Market Cap

$7.2B

IPO Date

Sep 24, 2021

Lockup End

Mar 23, 2022

Lockup Status

Lockup expired 1498days ago

Price Performance

Stock price vs IPO price over time (sample data)

Stock Price
IPO Price
Lockup End

Performance Summary

First Day
N/A
1 Month
N/A
3 Months
N/A
6 Months
N/A
1 Year
N/A
Since IPO
+34.1%

Clearwater Analytics Holdings, Inc. (CWAN) — IPO Analysis

By Kian O Connor | Updated 4/29/2026

Company Overview

Clearwater Analytics Holdings, Inc. (ticker: CWAN) specializes in market positioning while maintaining strategic capabilities in brand development, positioning itself within the Software - Application sector through customer satisfaction and customer-centric focus. The company has developed its operations around operational excellence, creating market differentiation through specialized expertise and transaction-based fee structure that supports sustainable growth and customer relationship development. The company completed its public offering on 2021-09-24, accessing capital markets during evolving industry dynamics within the Software - Application landscape. The IPO timing reflected the company's strategic positioning and growth trajectory, with market reception emphasizing management's execution capabilities and the company's approach to market positioning as key value creation drivers in an evolving competitive environment. Post-IPO trading performance has demonstrated positive market validation with ongoing investor evaluation of competitive positioning and execution capabilities. Market assessment focuses on the company's customer satisfaction and strategic emphasis on brand development as indicators of long-term competitive positioning within the Software - Application sector, with investors evaluating operational execution and market opportunity capture relative to industry development trends. The lockup period expires June 11, 2022, providing market insights into management and early investor confidence in strategic direction and competitive positioning. Given the company's focus on market positioning and emphasis on operational excellence, insider trading decisions will likely reflect assessments of execution progress, competitive dynamics, and growth opportunity realization within the evolving Software - Application market landscape.

Performance Overview

Since going public at $18.00 per share on Sep 24, 2021, Clearwater Analytics Holdings, Inc. shares have gained 34.1%, rewarding investors who participated in the IPO. The stock currently trades at $24.14, giving the company a market capitalization of $7.2B.

Lockup Expiration

The lockup period for Clearwater Analytics Holdings, Inc. expired 1498 days ago on Mar 23, 2022. Insiders and early investors are now free to sell their pre-IPO shares. The post-lockup trading period is often volatile as the market absorbs any additional supply from insider selling.

Industry Context

Clearwater Analytics Holdings, Inc. operates in the Software - Application sector, which has seen varied IPO activity in recent years. The company is headquartered in the United States and is classified under SIC code . Understanding the competitive landscape and sector dynamics is essential for evaluating the long-term prospects of any newly public company in this space. Investors should consider broader market conditions, sector-specific trends, and company fundamentals when assessing CWAN as an investment.

Trading History

Clearwater Analytics Holdings, Inc. is actively trading in the public markets with a current share price of $24.14. The company went public at $18.00 per share, resulting in gains of 34.1% for IPO investors. With a current market capitalization of $7.2B, Clearwater Analytics Holdings, Inc. continues to establish its presence as a publicly traded entity in the Software - Application.

Important Disclaimer

This analysis of Clearwater Analytics Holdings, Inc. (CWAN) is provided for informational purposes only and should not be construed as investment advice. All data is sourced from SEC EDGAR filings and public market feeds. Past performance is not indicative of future results. Investors should conduct their own due diligence and consult with a qualified financial advisor before making investment decisions. IPOLockup.io is an independent research platform with no financial interest in any of the companies covered.

Insider Selling Activity

Estimated insider trading activity around lockup expiry period (sample data)

3
Pre-Expiry Average
Minimal
93
Expiry Day
Very High
53
Post-Expiry (30d)
High

Activity Heatmap

60 days before/after lockup expiry
Intensity Scale:
Minimal
Low
Moderate
High
Very High
Lockup Expiry

About This Data

This heatmap shows estimated insider selling activity based on typical patterns around lockup expiry periods. Actual data would be derived from SEC Form 4 filings. Higher intensity indicates more insider transactions, which may correlate with increased selling pressure and potential stock price volatility.

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