Alliancebernstein L.P. Raises Holdings in Guidewire Software, Inc. $GWRE

Key Points

• Alliancebernstein L.P. increased its stake in Guidewire Software by 29.8% during Q1, holding a total of 106,578 shares worth approximately $19.97 million.
• CEO Michael George Rosenbaum sold 1,400 shares of Guidewire on September 8, which reflects a 0.63% decrease in his ownership.
• Guidewire Software reported $0.84 earnings per share, exceeding analysts' expectations of $0.62, with revenue of $356.57 million for the quarter.

Alliancebernstein L.P. increased its stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 29.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 106,578 shares of the technology company's stock after purchasing an additional 24,483 shares during the quarter. Alliancebernstein L.P. owned about 0.13% of Guidewire Software worth $19,968,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. ANB Bank boosted its stake in Guidewire Software by 3.5% during the first quarter. ANB Bank now owns 1,590 shares of the technology company's stock valued at $298,000 after buying an additional 54 shares during the period. Brooklyn Investment Group boosted its stake in Guidewire Software by 38.3% during the first quarter. Brooklyn Investment Group now owns 224 shares of the technology company's stock valued at $42,000 after buying an additional 62 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in Guidewire Software by 70.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 170 shares of the technology company's stock valued at $32,000 after buying an additional 70 shares during the period. Fifth Third Bancorp boosted its stake in Guidewire Software by 16.4% during the first quarter. Fifth Third Bancorp now owns 569 shares of the technology company's stock valued at $107,000 after buying an additional 80 shares during the period. Finally, Resona Asset Management Co. Ltd. boosted its stake in Guidewire Software by 2.2% during the first quarter. Resona Asset Management Co. Ltd. now owns 3,678 shares of the technology company's stock valued at $689,000 after buying an additional 80 shares during the period.

Guidewire Software Trading Down 0.1%

Shares of NYSE GWRE traded down $0.23 during midday trading on Friday, reaching $252.96. The company had a trading volume of 535,872 shares, compared to its average volume of 809,281. Guidewire Software, Inc. has a one year low of $165.08 and a one year high of $272.60. The company has a quick ratio of 3.23, a current ratio of 2.77 and a debt-to-equity ratio of 0.46. The firm's fifty day moving average price is $224.00 and its 200-day moving average price is $213.75. The stock has a market cap of $21.30 billion, a PE ratio of 316.20, a price-to-earnings-growth ratio of 16.55 and a beta of 1.22.

Guidewire Software (NYSE:GWRE - Get Free Report) last announced its quarterly earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.62 by $0.22. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The company had revenue of $356.57 million for the quarter, compared to the consensus estimate of $337.82 million. During the same quarter in the previous year, the business earned $0.62 EPS. Guidewire Software's revenue was up 22.3% compared to the same quarter last year. 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.

Analyst Ratings Changes

Several research firms recently issued reports on GWRE. Wall Street Zen lowered Guidewire Software from a "buy" rating to a "hold" rating in a research note on Friday, September 5th. Bank of America lifted their price target on Guidewire Software from $135.00 to $160.00 and gave the stock an "underperform" rating in a research note on Wednesday, June 4th. Needham & Company LLC reaffirmed a "hold" rating on shares of Guidewire Software in a research note on Wednesday, June 4th. Raymond James Financial reaffirmed an "outperform" rating and set a $275.00 price target (up previously from $255.00) on shares of Guidewire Software in a research note on Friday, September 5th. Finally, JMP Securities lifted their price target on Guidewire Software from $250.00 to $281.00 and gave the stock a "market outperform" rating in a research note on Wednesday, June 4th. Nine equities research 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $274.08.

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, July 28th. The stock was sold at an average price of $223.75, for a total transaction of $313,250.00. Following the transaction, the chief executive officer owned 230,268 shares in the company, valued at approximately $51,522,465. This represents a 0.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President John P. Mullen sold 3,000 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $235.05, for a total value of $705,150.00. Following the transaction, the president owned 146,489 shares in the company, valued at $34,432,239.45. This trade represents a 2.01% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 30,941 shares of company stock worth $6,987,551. Company insiders own 0.48% of the company's stock.

Guidewire Software Profile

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.