Allianz Asset Management GmbH Has $13.84 Million Stake in Guidewire Software, Inc. $GWRE

Key Points

• Allianz Asset Management GmbH increased its stake in Guidewire Software by 24.4%, now holding 58,767 shares valued at approximately $13.84 million.
• Guidewire Software reported earnings of $0.84 per share, exceeding estimates by $0.22, with revenues of $356.57 million for the quarter—an increase of 22.3% year-over-year.
• Multiple analysts have raised their price targets for Guidewire Software, with Stifel Nicolaus setting a new target at $300 and Goldman Sachs at $305, indicating strong market interest.

Allianz Asset Management GmbH boosted its holdings in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 24.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 58,767 shares of the technology company's stock after buying an additional 11,537 shares during the quarter. Allianz Asset Management GmbH owned about 0.07% of Guidewire Software worth $13,837,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. increased its position in Guidewire Software by 3.0% during the first quarter. Vanguard Group Inc. now owns 8,711,604 shares of the technology company's stock worth $1,632,206,000 after buying an additional 256,070 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Guidewire Software by 16.2% during the first quarter. Massachusetts Financial Services Co. MA now owns 5,157,195 shares of the technology company's stock worth $966,252,000 after buying an additional 720,322 shares during the last quarter. Linonia Partnership LP increased its position in Guidewire Software by 41.8% during the first quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company's stock worth $636,333,000 after buying an additional 1,000,709 shares during the last quarter. Wellington Management Group LLP increased its position in Guidewire Software by 1.5% during the first quarter. Wellington Management Group LLP now owns 1,672,767 shares of the technology company's stock worth $313,410,000 after buying an additional 24,991 shares during the last quarter. Finally, Invesco Ltd. increased its position in Guidewire Software by 70.4% during the first quarter. Invesco Ltd. now owns 1,427,104 shares of the technology company's stock worth $267,382,000 after buying an additional 589,424 shares during the last quarter.

Guidewire Software Trading Up 3.8%

Shares of NYSE:GWRE opened at $253.67 on Tuesday. 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 stock's 50-day moving average is $232.09 and its 200-day moving average is $223.17. Guidewire Software, Inc. has a 52-week low of $165.08 and a 52-week high of $272.60. The company has a market cap of $21.44 billion, a P/E ratio of 317.09, a P/E/G ratio of 15.03 and a beta of 1.21.

Guidewire Software (NYSE:GWRE - Get Free Report) last released its earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.22. Guidewire Software had a net margin of 5.81% and a return on equity of 9.00%. The business had revenue of $356.57 million during the quarter, compared to analysts' expectations of $337.82 million. During the same quarter last year, the company earned $0.62 earnings per share. The firm's revenue 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. Equities research analysts predict that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider James Winston King sold 7,162 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $248.82, for a total value of $1,782,048.84. Following the completion of the sale, the insider owned 38,615 shares in the company, valued at approximately $9,608,184.30. This trade represents a 15.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO David Franklin Peterson sold 1,000 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $249.86, for a total transaction of $249,860.00. Following the completion of the sale, the chief accounting officer owned 13,164 shares of the company's stock, valued at approximately $3,289,157.04. The trade was a 7.06% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 111,545 shares of company stock valued at $26,766,382 in the last quarter. 0.48% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Stifel Nicolaus increased their target price on shares of Guidewire Software from $270.00 to $300.00 and gave the stock a "buy" rating in a research report on Friday, September 5th. The Goldman Sachs Group raised their price target on Guidewire Software from $270.00 to $305.00 and gave the company a "buy" rating in a research report on Friday, September 5th. Citigroup raised their price target 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 raised their price target 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, Wall Street Zen downgraded Guidewire Software from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. Nine analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Guidewire Software has a consensus rating of "Moderate Buy" and an average price target of $274.08.

Guidewire Software Company 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.

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