Why One Investor Just Doubled Down on Clearwater Analytics Stock with a $45 Million Position

California-based Tensile Capital Management disclosed a purchase of nearly 1.2 million additional Clearwater Analytics shares in a November 14 SEC filing, increasing the position’s value by approximately $15.7 million.According to a filing with the Securities and Exchange Commission dated November 14, Tensile Capital Management LP increased its investment in Clearwater Analytics (NYSE:CWAN) by purchasing nearly 1.2 million shares in the third quarter. The post-trade holding amounted to 2.5 million shares with a quarter-end market value of $45.5 million. The stake now represents 5.7% of the fund’s $800.4 million in U.S. equity assets.Top holdings after the filing:  Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool