40,193 Shares in Guidewire Software, Inc. $GWRE Acquired by AQR Arbitrage LLC

Key Points

• AQR Arbitrage LLC has acquired a new stake in Guidewire Software, Inc., purchasing 40,193 shares valued at approximately $7.3 million during the first quarter.
• Guidewire Software reported an earnings per share (EPS) of $0.88 for the last quarter, exceeding analysts' expectations of $0.47 and reflecting a 22% year-over-year revenue growth.
• Analysts have raised their price targets for Guidewire Software, with forecasts now ranging from $247.00 to $288.00, indicating a generally positive outlook for the stock.

AQR Arbitrage LLC purchased a new stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 40,193 shares of the technology company's stock, valued at approximately $7,328,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. AQR Capital Management LLC boosted its position in shares of Guidewire Software by 6.7% during the 1st quarter. AQR Capital Management LLC now owns 1,001,613 shares of the technology company's stock valued at $182,614,000 after purchasing an additional 62,672 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in shares of Guidewire Software in the first quarter worth approximately $25,000. Focus Partners Advisor Solutions LLC purchased a new stake in shares of Guidewire Software in the first quarter worth approximately $236,000. Royal Bank of Canada raised its stake in shares of Guidewire Software by 25.2% in the first quarter. Royal Bank of Canada now owns 278,870 shares of the technology company's stock worth $52,250,000 after purchasing an additional 56,066 shares during the last quarter. Finally, Quarry LP purchased a new stake in shares of Guidewire Software in the first quarter worth approximately $28,000.

Guidewire Software Trading Up 1.0%

Shares of GWRE traded up $2.64 during trading hours on Monday, hitting $263.35. The company had a trading volume of 710,835 shares, compared to its average volume of 959,667. The firm has a market cap of $22.17 billion, a P/E ratio of 328.91, a P/E/G ratio of 18.38 and a beta of 1.22. The stock's 50 day moving average price is $221.56 and its 200 day moving average price is $212.04. The company has a quick ratio of 3.23, a current ratio of 2.77 and a debt-to-equity ratio of 0.46. Guidewire Software, Inc. has a 52-week low of $162.72 and a 52-week high of $272.60.

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

Insider Activity at Guidewire Software

In related news, President John P. Mullen sold 3,000 shares of the business's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $235.05, for a total transaction of $705,150.00. Following the transaction, the president owned 146,489 shares in the company, valued at $34,432,239.45. The trade was a 2.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider James Winston King sold 2,482 shares of Guidewire Software stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $220.65, for a total value of $547,653.30. Following the sale, the insider directly owned 37,441 shares in the company, valued at approximately $8,261,356.65. The trade was a 6.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 29,541 shares of company stock worth $6,621,759 in the last 90 days. Company insiders own 0.48% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently commented on GWRE shares. Oppenheimer increased their price objective on Guidewire Software from $275.00 to $300.00 and gave the stock an "outperform" rating in a research note on Friday. Needham & Company LLC reaffirmed a "hold" rating on shares of Guidewire Software in a research report on Wednesday, June 4th. Royal Bank Of Canada increased their price target on Guidewire Software from $290.00 to $300.00 and gave the company an "outperform" rating in a research report on Friday. Wells Fargo & Company increased their price target on Guidewire Software from $265.00 to $275.00 and gave the company an "overweight" rating in a research report on Friday. Finally, Raymond James Financial reaffirmed 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. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $272.42.

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.