Clearwater Analytics rises after report activist investor Starboard takes stake

Clearwater Analytics Holdings

09/12/2025 14:26

** Shares of Clearwater Analytics CWAN.N up 2.9% at $22.40 premarket after a Reuters report activist investor Starboard Value has taken a nearly 5% stake in co

** Starboard urges co to boost share price and consider robust sales process with independent advisers; sees business as significantly undervalued amid acquisition integration concerns

** Co bought Enfusion, Bistro and Beacon earlier this year, sparking integration worries

** Private equity firms have expressed interest in possibly buying the Idaho-based investment accounting software provider

** As of last close, stock down 20.9% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))