Alliance Wealth Advisors LLC UT Acquires New Shares in Guidewire Software, Inc. $GWRE

Key Points

• Alliance Wealth Advisors LLC UT acquired 1,415 shares of Guidewire Software, Inc. (NYSE:GWRE) in the first quarter, totaling approximately $265,000.
• Several institutional investors, including Massachusetts Financial Services Co. and Invesco Ltd., have significantly increased their holdings in Guidewire Software during the same quarter.
• Guidewire Software reported $0.88 EPS in its last quarterly earnings, surpassing expectations and a 22% year-over-year revenue increase.

Alliance Wealth Advisors LLC UT acquired a new position in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,415 shares of the technology company's stock, valued at approximately $265,000.

Other large investors have also recently bought and sold shares of the company. SBI Securities Co. Ltd. lifted its position in shares of Guidewire Software by 403.8% in the first quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company's stock valued at $25,000 after buying an additional 105 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake 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 buying an additional 70 shares during the period. Ossiam purchased a new stake in shares of Guidewire Software during the fourth quarter worth $29,000. Dunhill Financial LLC purchased a new stake in shares of Guidewire Software in the first quarter worth $33,000. Finally, Colonial Trust Co SC grew its stake in shares of Guidewire Software by 176.0% during the fourth quarter. Colonial Trust Co SC now owns 287 shares of the technology company's stock valued at $48,000 after buying an additional 183 shares during the last quarter.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company boosted their price objective on shares of Guidewire Software from $220.00 to $265.00 and gave the stock an "overweight" rating in a report on Wednesday, June 4th. Wall Street Zen raised shares of Guidewire Software from a "hold" rating to a "buy" rating in a research report on Friday, June 6th. Royal Bank Of Canada restated an "outperform" rating and set a $290.00 price target on shares of Guidewire Software in a research report on Monday, June 23rd. Robert W. Baird raised their price target on shares of Guidewire Software from $265.00 to $270.00 and gave the stock an "outperform" rating in a research note on Monday, July 21st. Finally, Stifel Nicolaus boosted their price target on shares of Guidewire Software from $230.00 to $270.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $250.92.

Insiders Place Their Bets

In other Guidewire Software news, CEO Michael George Rosenbaum sold 1,400 shares of the company's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $211.61, for a total transaction of $296,254.00. Following the completion of the transaction, the chief executive officer owned 226,068 shares of the company's stock, valued at $47,838,249.48. This represents a 0.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider James Winston King sold 799 shares of the company's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $211.61, for a total value of $169,076.39. Following the sale, the insider owned 36,642 shares in the company, valued at approximately $7,753,813.62. This represents a 2.13% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 26,541 shares of company stock valued at $6,034,187. 0.48% of the stock is currently owned by insiders.

Guidewire Software Stock Performance

Shares of GWRE stock traded down $3.0650 during trading hours on Thursday, reaching $213.0850. The stock had a trading volume of 493,551 shares, compared to its average volume of 963,589. The firm has a market capitalization of $17.94 billion, a PE ratio of 532.71, a price-to-earnings-growth ratio of 15.06 and a beta of 1.16. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.23 and a quick ratio of 3.23. The firm has a 50-day simple moving average of $227.19 and a 200-day simple moving average of $211.67. Guidewire Software, Inc. has a twelve month low of $142.94 and a twelve month high of $263.20.

Guidewire Software (NYSE:GWRE - Get Free Report) last announced its earnings results on Tuesday, June 3rd. The technology company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.47 by $0.41. The company had revenue of $293.51 million during the quarter, compared to analysts' expectations of $286.40 million. Guidewire Software had a net margin of 3.04% and a return on equity of 6.96%. The business's revenue for the quarter was up 22.0% on a year-over-year basis. During the same period last year, the company posted $0.26 earnings per share. Guidewire Software has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities analysts forecast that Guidewire Software, Inc. will post 0.52 earnings per share for the current 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.