SaaS Firm With Nearly $1 Billion in ARR Loses $20 Million Institutional Investor Amid Steep Stock Slide
2026-03-06 10:06:44 ET
On February 17, 2026, Sea Cliff Partners Management reported selling out its entire stake in Clearwater Analytics (NYSE:CWAN) , an estimated $19.85 million transaction based on last-disclosed position values.
According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Sea Cliff Partners Management exited its entire holding in Clearwater Analytics Holdings. The fund sold 1,101,680 shares, and the net position change as a result was a $19.85 million decrease in quarter-end value.
Clearwater Analytics Holdings, Inc. provides SaaS-based investment accounting and analytics platforms, supporting clients with automated data aggregation and reporting capabilities.
NASDAQ: CWAN
CWAN Trading
-0.4% G/L:
$23.49 Last:
2,406,525 Volume:
$23.55 Open:
