SCHEDULE 13G/A: Kayne Anderson Rudnick Discloses 5.65% Passive Stake in Clearwater Analytics Holdings, Inc.

Kayne Anderson Rudnick Investment Management, LLC has filed an amended Schedule 13G, disclosing a 5.65% beneficial ownership stake in Clearwater Analytics Holdings, Inc. as of December 31, 2024.

Summary

• Kayne Anderson Rudnick Investment Management, LLC, a California Limited Liability Company, has filed an Amendment No. 7 to Schedule 13G regarding its beneficial ownership in Clearwater Analytics Holdings, Inc.
• As of December 31, 2024, Kayne Anderson Rudnick beneficially owns an aggregate of 11,037,860 shares of Clearwater Analytics Holdings, Inc.'s Class A Common Stock.
• This ownership represents 5.65% of the Class A Common Stock outstanding.
• The firm holds sole voting power over 8,031,589 shares and shared voting power over 2,027,674 shares.
• It also holds sole dispositive power over 9,010,186 shares and shared dispositive power over 2,027,674 shares.
• Kayne Anderson Rudnick certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing (Schedule 13G) disclosing beneficial ownership, which is inherently neutral in sentiment as it reports factual data without expressing positive or negative performance or outlook.

Positives

• A significant investment management firm, Kayne Anderson Rudnick, holds a substantial 5.65% passive stake in Clearwater Analytics Holdings, Inc., indicating their confidence in the company as a long-term investment.

Future Outlook

The document is a beneficial ownership disclosure and does not contain any forward-looking statements or guidance regarding the issuer's future performance or outlook.

Industry Context

This filing is a routine disclosure of a passive investment stake by an investment adviser in a publicly traded company. It does not provide specific insights into broader industry trends or competitive positioning beyond the fact that a significant investment firm sees value in Clearwater Analytics Holdings, Inc.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant passive institutional investor's stake in the company, which can be viewed as a vote of confidence.

Key Dates

Keywords

Clearwater Analytics Holdings Inc., Kayne Anderson Rudnick Investment Management LLC, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Adviser, SEC Filing