Guidewire Software, Inc. $GWRE Shares Sold by Acadian Asset Management LLC

Key Points

• Acadian Asset Management LLC has reduced its stake in Guidewire Software by 19.9%, selling 25,176 shares during the first quarter, and now holds 101,034 shares valued at $18,914,000.
• The company's Q1 earnings surpassed analysts' expectations, reporting $0.84 EPS against a prediction of $0.62, and revenues increased by 22.3% year-over-year to $356.57 million.
• Multiple investment firms have updated their price targets for Guidewire, with Raymond James setting a new target at $275.00 and Citigroup raising theirs to $267.00, reflecting a mixed sentiment among analysts.

Acadian Asset Management LLC trimmed its stake in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 19.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,034 shares of the technology company's stock after selling 25,176 shares during the period. Acadian Asset Management LLC owned about 0.12% of Guidewire Software worth $18,914,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GWRE. Cetera Investment Advisers grew its holdings in Guidewire Software by 22.3% during the fourth quarter. Cetera Investment Advisers now owns 21,292 shares of the technology company's stock worth $3,589,000 after acquiring an additional 3,883 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Guidewire Software by 2.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 68,471 shares of the technology company's stock valued at $11,543,000 after acquiring an additional 1,389 shares in the last quarter. Maven Securities LTD purchased a new position in shares of Guidewire Software in the fourth quarter valued at approximately $234,000. Nuveen Asset Management LLC lifted its position in Guidewire Software by 11.6% during the fourth quarter. Nuveen Asset Management LLC now owns 240,467 shares of the technology company's stock worth $40,538,000 after buying an additional 24,933 shares in the last quarter. Finally, Man Group plc grew its stake in shares of Guidewire Software by 517.3% in the 4th quarter. Man Group plc now owns 45,722 shares of the technology company's stock valued at $7,708,000 after buying an additional 38,315 shares during the period.

Wall Street Analyst Weigh In

GWRE has been the topic of a number of research analyst reports. Royal Bank Of Canada lifted their target price on Guidewire Software from $290.00 to $300.00 and gave the company an "outperform" rating in a research report on Friday, September 5th. Bank of America lifted their target price on Guidewire Software from $135.00 to $160.00 and gave the company an "underperform" rating in a research report on Wednesday, June 4th. Citigroup lifted their target price on Guidewire Software from $247.00 to $267.00 and gave the company a "neutral" rating in a research report on Tuesday, September 9th. Robert W. Baird lifted their target price on Guidewire Software from $270.00 to $288.00 and gave the company an "outperform" rating in a research report on Friday, September 5th. Finally, Needham & Company LLC restated a "hold" rating on shares of Guidewire Software in a research report on Wednesday, June 4th. Nine investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $274.08.

Insider Buying and Selling

In related news, insider James Winston King sold 2,482 shares of the business's stock in a transaction on Monday, July 14th. The stock was sold at an average price of $220.65, for a total transaction of $547,653.30. Following the completion of the transaction, the insider directly owned 37,441 shares of the company's stock, valued at $8,261,356.65. The trade was a 6.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President John P. Mullen sold 3,000 shares of the business's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $223.28, for a total value of $669,840.00. Following the transaction, the president directly owned 143,489 shares of the company's stock, valued at $32,038,223.92. The trade was a 2.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 30,081 shares of company stock valued at $6,768,656 in the last three months. 0.48% of the stock is owned by corporate insiders.

Guidewire Software Trading Down 0.2%

Shares of NYSE GWRE traded down $0.62 during trading on Monday, reaching $252.32. The stock had a trading volume of 647,832 shares, compared to its average volume of 957,380. Guidewire Software, Inc. has a fifty-two week low of $165.08 and a fifty-two week high of $272.60. The company has a market cap of $21.24 billion, a P/E ratio of 315.40 and a beta of 1.22. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.77 and a current ratio of 2.77. The business's 50-day moving average price is $224.00 and its 200-day moving average price is $213.94.

Guidewire Software (NYSE:GWRE - Get Free Report) last released its earnings results on Thursday, September 4th. The technology company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.62 by $0.22. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The firm had revenue of $356.57 million during the quarter, compared to analysts' expectations of $337.82 million. During the same period in the previous year, the firm posted $0.62 EPS. Guidewire Software's revenue for the quarter was up 22.3% on a year-over-year basis. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, equities research analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

About Guidewire Software

Guidewire Software, Inc provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed.