Aviso Financial Inc. Has $939,000 Stake in Guidewire Software, Inc. $GWRE

Key Points

• Aviso Financial Inc. reduced its stake in Guidewire Software, Inc. by 28.0%, owning 5,014 shares valued at $939,000 after selling 1,946 shares in the first quarter.
• Analysts have recently increased their price targets for Guidewire Software, with Wells Fargo upping its target from $220.00 to $265.00 and JPMorgan from $271.00 to $288.00.
• Guidewire Software reported $0.88 earnings per share for the last quarter, exceeding estimates and showing a 22.0% increase in revenue from the previous year.

Aviso Financial Inc. cut its stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 28.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,014 shares of the technology company's stock after selling 1,946 shares during the period. Aviso Financial Inc.'s holdings in Guidewire Software were worth $939,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Guggenheim Capital LLC acquired a new stake in Guidewire Software during the 4th quarter valued at $237,000. NewEdge Advisors LLC raised its holdings in shares of Guidewire Software by 179.0% during the 4th quarter. NewEdge Advisors LLC now owns 3,797 shares of the technology company's stock valued at $640,000 after purchasing an additional 2,436 shares in the last quarter. Canada Pension Plan Investment Board raised its holdings in Guidewire Software by 41.9% in the 4th quarter. Canada Pension Plan Investment Board now owns 10,500 shares of the technology company's stock worth $1,770,000 after acquiring an additional 3,100 shares during the period. CANADA LIFE ASSURANCE Co raised its holdings in Guidewire Software by 1.5% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 21,201 shares of the technology company's stock worth $3,569,000 after acquiring an additional 312 shares during the period. Finally, Commerce Bank grew its position in Guidewire Software by 225.9% in the 4th quarter. Commerce Bank now owns 22,845 shares of the technology company's stock worth $3,851,000 after purchasing an additional 15,835 shares during the last quarter.

Analyst Ratings Changes

Several analysts have recently weighed in on GWRE shares. JMP Securities lifted their target price on shares of Guidewire Software from $250.00 to $281.00 and gave the company a "market outperform" rating in a research report on Wednesday, June 4th. Oppenheimer lifted their target price on shares of Guidewire Software from $230.00 to $275.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. Bank of America lifted their target price on shares of Guidewire Software from $135.00 to $160.00 and gave the company an "underperform" rating in a research report on Wednesday, June 4th. Needham & Company LLC reiterated a "hold" rating on shares of Guidewire Software in a research report on Wednesday, June 4th. Finally, Wells Fargo & Company lifted their price target on shares of Guidewire Software from $220.00 to $265.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $250.92.

Insider Activity at Guidewire Software

In other news, CEO Michael George Rosenbaum sold 1,400 shares of the company's stock in a transaction that occurred on Monday, July 21st. The shares were sold at an average price of $222.31, for a total value of $311,234.00. Following the completion of the transaction, the chief executive officer owned 231,668 shares in the company, valued at $51,502,113.08. This represents a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider James Winston King sold 2,482 shares of the company's stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $220.65, for a total transaction of $547,653.30. Following the completion of the transaction, the insider owned 37,441 shares of the company's stock, valued at $8,261,356.65. This trade represents a 6.22% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 26,541 shares of company stock worth $6,034,187. 0.48% of the stock is currently owned by company insiders.

Guidewire Software Trading Up 0.4%

NYSE GWRE traded up $0.8250 during trading on Friday, reaching $213.9350. 515,096 shares of the stock traded hands, compared to its average volume of 601,347. The firm has a market cap of $18.01 billion, a price-to-earnings ratio of 534.84, a price-to-earnings-growth ratio of 15.02 and a beta of 1.16. The stock's 50-day moving average price is $225.65 and its 200 day moving average price is $211.65. The company has a quick ratio of 3.23, a current ratio of 3.23 and a debt-to-equity ratio of 0.49. Guidewire Software, Inc. has a fifty-two week low of $142.94 and a fifty-two week high of $263.20.

Guidewire Software (NYSE:GWRE - Get Free Report) last issued its quarterly earnings data on Tuesday, June 3rd. The technology company reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.41. The firm 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 quarter in the previous year, the company earned $0.26 earnings per share. Guidewire Software has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current year.

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.