Guidewire Software, Inc. $GWRE Shares Sold by Baird Financial Group Inc.

Baird Financial Group Inc. decreased its stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 17.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,162 shares of the technology company's stock after selling 1,342 shares during the quarter. Baird Financial Group Inc.'s holdings in Guidewire Software were worth $1,155,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Linonia Partnership LP raised its holdings in Guidewire Software by 41.8% in the 1st quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company's stock worth $636,333,000 after acquiring an additional 1,000,709 shares during the period. Massachusetts Financial Services Co. MA grew its holdings 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 valued at $966,252,000 after purchasing an additional 720,322 shares during the period. Invesco Ltd. grew its holdings in Guidewire Software by 70.4% during the first quarter. Invesco Ltd. now owns 1,427,104 shares of the technology company's stock valued at $267,382,000 after purchasing an additional 589,424 shares during the period. Congress Asset Management Co. acquired a new position in Guidewire Software during the first quarter worth $85,453,000. Finally, Janus Henderson Group PLC raised its position in Guidewire Software by 242.2% during the fourth quarter. Janus Henderson Group PLC now owns 555,892 shares of the technology company's stock worth $93,683,000 after acquiring an additional 393,445 shares in the last quarter.

Guidewire Software Stock Performance

Shares of NYSE:GWRE traded down $0.46 during trading on Friday, reaching $252.73. The company had a trading volume of 232,721 shares, compared to its average volume of 957,314. The firm has a market capitalization of $21.28 billion, a price-to-earnings ratio of 316.10, a price-to-earnings-growth ratio of 16.54 and a beta of 1.22. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.77 and a quick ratio of 3.23. The stock's fifty day moving average price is $223.55 and its 200 day moving average price is $213.38. Guidewire Software, Inc. has a fifty-two week low of $165.08 and a fifty-two week high of $272.60.

Guidewire Software (NYSE:GWRE - Get Free Report) last posted its earnings results on Thursday, September 4th. The technology company reported $0.84 EPS for the quarter, topping 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 period in the previous year, the business earned $0.62 earnings per share. Guidewire Software's quarterly 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. As a group, equities research analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current year.

Insider Activity

In other Guidewire Software news, CEO Michael George Rosenbaum sold 1,400 shares of the firm's stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $261.28, for a total transaction of $365,792.00. Following the completion of the sale, the chief executive officer owned 221,868 shares in the company, valued at $57,969,671.04. This trade represents a 0.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, President John P. Mullen sold 3,000 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $214.30, for a total value of $642,900.00. Following the transaction, the president directly owned 140,489 shares in the company, valued at approximately $30,106,792.70. This represents a 2.09% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 30,941 shares of company stock worth $6,987,551. 0.48% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have issued reports on GWRE. Robert W. Baird raised their price target on shares of Guidewire Software from $270.00 to $288.00 and gave the stock an "outperform" rating in a report on Friday, September 5th. JPMorgan Chase & Co. raised their price target on Guidewire Software from $271.00 to $288.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 25th. Royal Bank Of Canada boosted their target price on Guidewire Software from $290.00 to $300.00 and gave the stock an "outperform" rating in a research report on Friday, September 5th. Needham & Company LLC restated a "hold" rating on shares of Guidewire Software in a research note on Wednesday, June 4th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $275.00 target price (up from $255.00) on shares of Guidewire Software in a report on Friday, September 5th. Nine investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price 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.