Man behind OpenAI makes shocking new bet

Billionaire Sam Altman has become one of the most powerful men in the world by running OpenAI… But there’s a far lesser known investment he’s making that could put OpenAI to shame. In fact this Sam Altman-backed company could actually become a crucial partner for OpenAI… And the US Military… not to mention hundreds of other giant companies around the globe. To make the story even crazier… this company only recently became viable, thanks to an obscure piece of legislation that President Trump signed before he left office… Which ordered the government to take this incredible new technology seriously.

Sandeep Sahai Biography and Net Worth

CEO of Clearwater Analytics

Sandeep is the Chief Executive Officer of Clearwater. During his four year tenure the company has grown organically across its core industries, new geographies and in new markets. The company has built a disruptive SaaS platform, which combined with deep operational expertise has helped establish Clearwater as a leader in the industry. From a largely single office business, the company now has offices and operating centers around the world and serves large and complex global customers. The company did a public offering in Fall, 2021 and now trades under the ticker CWAN.

Previously, Sandeep was President and CEO of Headstrong, a leading solutions and managed services provider to leading financial institutions around the world. At the conclusion of his tenure as CEO at Headstrong, the company had several thousand employees with development centers across Asia, Europe, and the United States. Before Headstrong, he was a founder and partner of the consulting firm TechSpan, CEO of Virginia-based SkanSoft, and served for 10 years with the HCL group. Prior to joining Clearwater, Sandeep was Chairman of AIM Software in Austria, on the Board of Simeio solutions, and an Operating Partner at Welsh, Carson, Anderson & Stowe (WCAS).

Sandeep holds an M.B.A. from the Indian Institute of Management, Calcutta; an Engineering degree from the Indian Institute of Technology, Varanasi; and graduated from The Doon School, Dehradun.

What is Sandeep Sahai's net worth?: The estimated net worth of Sandeep Sahai is at least $8.58 million as of February 15th, 2024. Mr. Sahai owns 270,838 shares of Clearwater Analytics stock worth more than $8,582,856 as of November 21st. This net worth evaluation does not reflect any other investments that Mr. Sahai may own. Learn More about Sandeep Sahai's net worth.
How do I contact Sandeep Sahai?: The corporate mailing address for Mr. Sahai and other Clearwater Analytics executives is , , . Clearwater Analytics can also be reached via phone at 208-918-2400 and via email at [email protected]. Learn More on Sandeep Sahai's contact information.
Has Sandeep Sahai been buying or selling shares of Clearwater Analytics?: Sandeep Sahai has not been actively trading shares of Clearwater Analytics during the last quarter. Most recently, Sandeep Sahai sold 50,000 shares of the business's stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $19.74, for a transaction totalling $987,000.00. Following the completion of the sale, the chief executive officer now directly owns 270,838 shares of the company's stock, valued at $5,346,342.12. Learn More on Sandeep Sahai's trading history.
Who are Clearwater Analytics' active insiders?: Clearwater Analytics' insider roster includes James Cox (CFO), Souvik Das (CTO), Scott Erickson (Chief Revenue Officer), Susan Ganeshan (CMO), Susan Ganeshan (CMO), Joseph Kochansky (Insider), James Price (Insider), Gayatri Raman (Insider), Sandeep Sahai (CEO), Subi Sethi (Insider), and Alphonse Valbrune (Insider). Learn More on Clearwater Analytics' active insiders.
Are insiders buying or selling shares of Clearwater Analytics?: During the last year, insiders at the sold shares 28 times. They sold a total of 34,595,965 shares worth more than $669,215,125.42. The most recent insider tranaction occured on November, 15th when CFO James S Cox sold 18,700 shares worth more than $567,358.00. Insiders at Clearwater Analytics own 3.3% of the company. Learn More about insider trades at Clearwater Analytics.
Information on this page was last updated on 11/15/2024.

Sandeep Sahai Insider Trading History at Clearwater Analytics

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/15/2024	Sell	50,000	$19.74	$987,000.00	270,838
1/16/2024	Sell	50,000	$19.95	$997,500.00	270,490
12/15/2023	Sell	50,000	$19.65	$982,500.00	101,811
11/15/2023	Sell	50,000	$21.33	$1,066,500.00	34,450
10/16/2023	Sell	50,000	$19.65	$982,500.00	34,450
9/15/2023	Sell	50,000	$19.14	$957,000.00	34,450
8/4/2023	Sell	1,625	$18.00	$29,250.00	168,471
5/31/2022	Buy	2,355	$11.99	$28,236.45	33,131
3/15/2022	Buy	14,700	$16.89	$248,283.00
3/7/2022	Buy	14,280	$17.37	$248,043.60

Sandeep Sahai Buying and Selling Activity at Clearwater Analytics

Clearwater Analytics Company Overview

Clearwater Analytics Holdings, Inc. develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally. It offers investment accounting and reporting, performance measurement, compliance monitoring, and risk analytics solutions. The company's Clearwater Prism SaaS-based data and reporting platform for investment data delivers a range of product modules, including Prism reporting and statements, Prism connectors, Prism data ops, and Prism managed services. It also provides Clearwater JUMP that provides a modular front, middle and back office solution to investment managers, private banks, and insurer, as well as portfolio management and order management, unit-linked funds, tri-partite templates, and full trade life cycle solutions. In addition, the company offers Clearwater LPx, a full-service solution for private funds that delivers complete, timely, accurate, and consumable data for limited partnerships; and Clearwater MLx, a comprehensive mortgage loan investment solution that provides investors to drive growth and make informed decisions, oversight, and reporting capabilities for mortgage loan investments, as well as enhances risk reporting, servicer tracking, oversight, and accounting capabilities. The company was founded in 2004 and is headquartered in Boise, Idaho.

Today's Range

Now: $31.69

$31.00

$31.70

50 Day Range

MA: $26.82

$23.37

$32.77

2 Week Range

Now: $31.69

$15.62

$35.71

Volume

823,408 shs

Average Volume

1,593,940 shs

Market Capitalization

$7.83 billion

P/E Ratio

3,172.17

Dividend Yield

N/A

Beta

0.61

Man behind OpenAI makes shocking new bet

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