Advisors Capital Management LLC Purchases 1,599 Shares of Guidewire Software, Inc. $GWRE

Key Points

• Advisors Capital Management LLC increased its stake in Guidewire Software by 3.8%, acquiring an additional 1,599 shares during the first quarter, bringing its total holdings to 43,253 shares valued at approximately $8.1 million.
• Analysts have raised their price targets for Guidewire Software, with Royal Bank of Canada and JPMorgan Chase raising their targets to $300 and $288, respectively, while several firms maintain an "outperform" or "overweight" rating.
• Guidewire Software reported earnings of $0.84 per share for the last quarter, outperforming expectations, and had a quarterly revenue increase of 22.3% year-over-year.

Advisors Capital Management LLC grew its position in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 3.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,253 shares of the technology company's stock after purchasing an additional 1,599 shares during the quarter. Advisors Capital Management LLC owned approximately 0.05% of Guidewire Software worth $8,104,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. SBI Securities Co. Ltd. increased its position in shares of Guidewire Software by 403.8% during the 1st quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company's stock valued at $25,000 after purchasing an additional 105 shares during the last quarter. Advisors Asset Management Inc. bought a new position in Guidewire Software during the 1st quarter worth approximately $25,000. Quarry LP bought a new position in Guidewire Software during the 1st quarter worth approximately $28,000. Rise Advisors LLC bought a new position in Guidewire Software during the 1st quarter worth approximately $31,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in Guidewire Software by 70.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 170 shares of the technology company's stock worth $32,000 after acquiring an additional 70 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts recently issued reports on GWRE shares. Royal Bank Of Canada raised their price target on Guidewire Software from $290.00 to $300.00 and gave the stock an "outperform" rating in a research report on Friday, September 5th. JPMorgan Chase & Co. raised their price target on Guidewire Software from $271.00 to $288.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 25th. Wall Street Zen lowered Guidewire Software from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. Wells Fargo & Company raised their price target on Guidewire Software from $265.00 to $275.00 and gave the stock an "overweight" rating in a research report on Friday, September 5th. Finally, Raymond James Financial restated an "outperform" rating and set a $275.00 price target (up from $255.00) on shares of Guidewire Software in a research report on Friday, September 5th. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Guidewire Software presently has an average rating of "Moderate Buy" and a consensus target price of $274.08.

Guidewire Software Price Performance

Shares of GWRE stock opened at $253.06 on Friday. The firm has a market cap of $21.31 billion, a P/E ratio of 316.33, a P/E/G ratio of 16.54 and a beta of 1.22. Guidewire Software, Inc. has a fifty-two week low of $165.08 and a fifty-two week high of $272.60. The business's 50 day moving average price is $223.55 and its 200-day moving average price is $213.38. The company has a debt-to-equity ratio of 0.46, a quick ratio of 3.23 and a current ratio of 2.77.

Guidewire Software (NYSE:GWRE - Get Free Report) last issued its quarterly earnings data on Thursday, September 4th. The technology company reported $0.84 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.22. The firm had revenue of $356.57 million for the quarter, compared to analyst estimates of $337.82 million. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The business's quarterly revenue was up 22.3% compared to the same quarter last year. During the same period last year, the company earned $0.62 EPS. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, equities research analysts anticipate that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Insider Activity

In other news, insider James Winston King sold 2,482 shares of the firm's stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $220.65, for a total value of $547,653.30. Following the completion of the transaction, the insider owned 37,441 shares in the company, valued at $8,261,356.65. This trade represents 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, CEO Michael George Rosenbaum sold 1,400 shares of the firm's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $223.75, for a total value of $313,250.00. Following the completion of the transaction, the chief executive officer owned 230,268 shares of the company's stock, valued at approximately $51,522,465. The trade was a 0.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,941 shares of company stock worth $6,987,551 in the last quarter. 0.48% of the stock is owned by company insiders.

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.

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