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EdgarHawk

Das Souvik

Chief Technology Officer

Officer
4 filings analyzed · 1 company · Latest 2026-02-20

Companies

Company Buys Sells Direction
Clearwater Analytics Holdings, Inc. CWAN 0 21 Net selling

Activity

February 2026
Sell
88,848 shares
$2,082,748
Significance 5/10

CTO Souvik Das sold 88,848 shares for $2,082,748.16 (3 transactions at $23.44); holdings reduced 30.0%.

Souvik Das, Chief Technology Officer of Clearwater Analytics, executed 3 separate sales totaling 88,848 shares for $2,082,748.16 on 2026-02-18 at a blended average price of $23.44, reducing his holdings by 30.0% to 207,132 shares post-transaction. The current stock price of $23.30 is -25.5% from its 52-week high of $31.26, and the company is operating at a loss (net income of $-10,335,000.00 in the latest quarter) despite strong annual revenue growth of +61.9%. His prior trades at CWAN show a 2 of 2 well-timed sell pattern at the 90-day mark, and his cross-ticker track record across 9 prior sells reflects a 83.33% well-timed rate, suggesting a consistent ability to sell ahead of price declines. This substantial open-market liquidation of 30% of his position warrants investor attention given the company's current unprofitability and the CTO's demonstrated historical timing discipline.

January 2026
Sell
41,594 shares
$1,002,103
Significance 6/10

CTO Das Souvik sells 41,594 shares at $24.09 for $1.0M; holds 148.2K post-transaction as stock trades near 52-week highs.

Das Souvik, Chief Technology Officer of Clearwater Analytics Holdings, Inc., executed 3 separate sales totaling 41,594 shares for $1,002,103.45 on 2026-01-01, reducing his stake by 21.9% from 189,818 to 148,224 shares. The sales occurred at $24.09 per share, against a current price of $24.10 and within a 52-week range of $15.89–$31.26, placing the transaction near current levels but 22.9% below the 52-week high. His prior 5 trades at CWAN show 4 of 5 were well-timed at the 90-day mark, with the most recent batch on 2025-02-19 followed by a 21.3% decline; the trade pattern suggests timing discipline historically at this ticker. Against broader performance—the stock up 36.4% over 90 days and 11.0% over 30 days—the CTO's large liquidation of shares coincides with a period of strong momentum.

February 2025
Sell
76,844 shares
$2,310,753
Significance 5/10

CTO Das Souvik sold 76,844 shares of CWAN at $30.07 for $2.3M on 2025-02-19, reducing holdings by 36.6%.

Souvik executed four separate sales totaling 76,844 shares for $2,310,752.87 on a single day, with the blended average price at $30.07. This represents a substantial reduction of holdings (132.9K shares post-transaction vs 209.7K pre-transaction). The current price of $31.26 is modestly above the transaction price, suggesting the sales occurred near current valuations. Souvik's same-ticker history shows mixed timing outcomes: his June 2024 sale was followed by a +18.2% 90-day return (poorly timed), while his January 2024 sale preceded a -13.0% decline (well-timed at the 90-day mark). The company is growing revenue at +21.3% annually but remains unprofitable on a full-year basis, which may contextualize executive liquidity events at the current valuation level.

June 2024
Sell
50,000 shares
$998,230
Significance 5/10

CTO Das Souvik sold 50.0K CWAN shares at $19.96 on 2024-06-12 (60.1% reduction); stock now $19.29, -9.5% from 52-week high.

Das Souvik, Chief Technology Officer, executed a substantial open-market sale of 50,000 shares (reducing his holdings by -60.1% to 33.1K shares) at $19.96 per share for $998.2K. The stock has since declined to $19.29, approximately -9.5% below the 52-week high of $21.31. His prior sale at this ticker on 2024-01-08 demonstrated a 90d return of -13.0%, aligning with his cross-ticker track record showing a 90d well-timed rate of 100.00% — a consistent pattern of selling before declines. The company reported latest-quarter revenue of $102.7M (+21.3% annual growth) but remains unprofitable (negative full-year net income), which may contextualize the CTO's decision to reduce exposure in a growth-stage software company still loss-making at the enterprise level.

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