CHURCHILL MANAGEMENT Corp Acquires Shares of 36,148 Guidewire Software, Inc. $GWRE

Key Points

• CHURCHILL MANAGEMENT Corp has acquired 36,148 shares of Guidewire Software, Inc., valued at approximately $8,511,000, marking a new investment in the company during the second quarter.
• Insider activity shows significant stock selling, with CFO Jeffrey Elliott Cooper and President John P. Mullen reducing their stakes by 14.28% and 9.08%, respectively.
• Guidewire Software reported a 22.3% increase in quarterly revenue year-over-year, with earnings per share (EPS) of $0.84, surpassing the expected $0.62.

CHURCHILL MANAGEMENT Corp purchased a new position in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 36,148 shares of the technology company's stock, valued at approximately $8,511,000.

Several other large investors also recently modified their holdings of the stock. Truist Financial Corp increased its stake in shares of Guidewire Software by 16.0% during the 2nd quarter. Truist Financial Corp now owns 11,792 shares of the technology company's stock worth $2,776,000 after purchasing an additional 1,628 shares during the last quarter. Poinciana Advisors Group LLC increased its stake in shares of Guidewire Software by 5.9% during the 2nd quarter. Poinciana Advisors Group LLC now owns 1,247 shares of the technology company's stock worth $294,000 after purchasing an additional 70 shares during the last quarter. HB Wealth Management LLC increased its stake in shares of Guidewire Software by 1.6% during the 2nd quarter. HB Wealth Management LLC now owns 20,481 shares of the technology company's stock worth $4,822,000 after purchasing an additional 314 shares during the last quarter. Signaturefd LLC increased its stake in shares of Guidewire Software by 2.8% during the 2nd quarter. Signaturefd LLC now owns 5,447 shares of the technology company's stock worth $1,282,000 after purchasing an additional 148 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its stake in shares of Guidewire Software by 1.3% during the 2nd quarter. TD Private Client Wealth LLC now owns 7,807 shares of the technology company's stock worth $1,838,000 after purchasing an additional 102 shares during the last quarter.

Insider Activity

In other news, CFO Jeffrey Elliott Cooper sold 14,103 shares of Guidewire Software stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $242.87, for a total transaction of $3,425,195.61. Following the completion of the sale, the chief financial officer directly owned 84,646 shares of the company's stock, valued at approximately $20,557,974.02. The trade was a 14.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President John P. Mullen sold 15,869 shares of Guidewire Software stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $242.87, for a total transaction of $3,854,104.03. Following the sale, the president directly owned 158,958 shares of the company's stock, valued at $38,606,129.46. This represents a 9.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 115,427 shares of company stock valued at $27,599,454 in the last quarter. 0.48% of the stock is currently owned by company insiders.

Guidewire Software Stock Up 0.1%

Shares of NYSE:GWRE opened at $230.04 on Thursday. The firm has a fifty day moving average price of $228.02 and a two-hundred day moving average price of $218.51. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.77 and a quick ratio of 2.77. Guidewire Software, Inc. has a one year low of $165.08 and a one year high of $272.60. The company has a market cap of $19.45 billion, a price-to-earnings ratio of 287.55 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 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 firm had revenue of $356.57 million during the quarter, compared to the consensus estimate of $337.82 million. During the same period last year, the firm earned $0.62 EPS. The business'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. Analysts anticipate that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. 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 research note on Friday, September 5th. Citigroup raised their price target on shares of Guidewire Software from $247.00 to $267.00 and gave the stock a "neutral" rating in a research note on Tuesday, September 9th. Royal Bank Of Canada raised their price objective on shares of Guidewire Software from $290.00 to $300.00 and gave the stock an "outperform" rating in a report on Friday, September 5th. Stifel Nicolaus raised their price objective on shares of Guidewire Software from $270.00 to $300.00 and gave the stock a "buy" rating in a report on Friday, September 5th. Finally, Bank of America raised their price objective on shares of Guidewire Software from $135.00 to $160.00 and gave the stock an "underperform" rating in a report on Wednesday, June 4th. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.