Blair William & Co. IL Sells 5,253 Shares of Guidewire Software, Inc. $GWRE

Key Points

• Blair William & Co. IL reduced its stake in Guidewire Software, Inc. by 0.4%, now owning approximately 1,174,625 shares valued at $276.57 million, making it the company's 26th largest holding.
• Several research firms have raised their price targets for Guidewire Software, with Goldman Sachs setting a new target of $305, indicating a bullish sentiment among analysts.
• Insider selling has been notable, with CFO Jeffrey Elliott Cooper selling 7,535 shares valued at over $1.87 million, reflecting an 8.90% decrease in his position.

Blair William & Co. IL lessened its stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 0.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,174,625 shares of the technology company's stock after selling 5,253 shares during the quarter. Guidewire Software comprises about 0.8% of Blair William & Co. IL's investment portfolio, making the stock its 26th largest holding. Blair William & Co. IL owned about 1.40% of Guidewire Software worth $276,565,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Maryland State Retirement & Pension System raised its holdings in Guidewire Software by 6.4% in the second quarter. Maryland State Retirement & Pension System now owns 4,070 shares of the technology company's stock worth $958,000 after purchasing an additional 245 shares during the period. Louisiana State Employees Retirement System grew its stake in shares of Guidewire Software by 0.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 23,600 shares of the technology company's stock worth $5,557,000 after acquiring an additional 200 shares in the last quarter. Venturi Wealth Management LLC bought a new stake in Guidewire Software during the 2nd quarter worth about $309,000. Friedenthal Financial bought a new position in Guidewire Software in the second quarter valued at approximately $84,000. Finally, DMC Group LLC raised its position in Guidewire Software by 9.2% during the second quarter. DMC Group LLC now owns 1,321 shares of the technology company's stock worth $311,000 after acquiring an additional 111 shares in the last quarter.

Analysts Set New Price Targets

Several research firms have recently weighed in on GWRE. DA Davidson boosted their price objective on shares of Guidewire Software from $246.00 to $250.00 and gave the stock a "neutral" rating in a research note on Monday, September 8th. Raymond James Financial reaffirmed an "outperform" rating and issued a $275.00 price objective (up from $255.00) on shares of Guidewire Software in a research report on Friday, September 5th. JPMorgan Chase & Co. increased their price target on Guidewire Software from $271.00 to $288.00 and gave the company an "overweight" rating in a research note on Wednesday, June 25th. The Goldman Sachs Group increased their price target on Guidewire Software from $270.00 to $305.00 and gave the company a "buy" rating in a research note on Friday, September 5th. Finally, Citigroup upped their price objective on shares of Guidewire Software from $247.00 to $267.00 and gave the company a "neutral" rating in a report on Tuesday, September 9th. Nine investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $274.08.

Insider Buying and Selling at Guidewire Software

In other news, CFO Jeffrey Elliott Cooper sold 7,535 shares of Guidewire Software stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $248.76, for a total value of $1,874,406.60. Following the completion of the transaction, the chief financial officer directly owned 77,111 shares of the company's stock, valued at approximately $19,182,132.36. This trade represents a 8.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider James Winston King sold 7,162 shares of the firm's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $248.82, for a total value of $1,782,048.84. Following the sale, the insider directly owned 38,615 shares of the company's stock, valued at $9,608,184.30. This represents a 15.65% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 115,427 shares of company stock worth $27,598,586. Company insiders own 0.48% of the company's stock.

Guidewire Software Trading Up 1.6%

GWRE opened at $230.66 on Thursday. The company's 50 day moving average is $228.55 and its 200-day moving average is $219.79. Guidewire Software, Inc. has a 1-year low of $165.08 and a 1-year high of $272.60. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 0.46. The company has a market cap of $19.50 billion, a P/E ratio of 288.33 and a beta of 1.21.

Guidewire Software (NYSE:GWRE - Get Free Report) last announced its quarterly earnings results on Thursday, September 4th. The technology company reported $0.84 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 firm had revenue of $356.57 million for the quarter, compared to analyst estimates of $337.82 million. During the same period last year, the firm posted $0.62 earnings per share. The business's revenue for the quarter 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 fiscal year.

About Guidewire Software

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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