Federation des caisses Desjardins du Quebec Sells 3,191 Shares of Guidewire Software, Inc. $GWRE

Key Points

• Federation des caisses Desjardins du Quebec reduced its stake in Guidewire Software by 23.1%, selling 3,191 shares, leaving the fund with 10,603 shares valued at approximately $1,987,000.
• Guidewire Software reported a quarterly earnings per share of $0.84, exceeding analyst expectations of $0.62, and saw a year-over-year revenue increase of 22.3%.
• Analysts have set price targets for Guidewire Software, with Raymond James increasing their target to $275 and Stifel Nicolaus raising it to $300, reflecting a strong outlook for the company's stock.

Federation des caisses Desjardins du Quebec cut its stake in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 23.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,603 shares of the technology company's stock after selling 3,191 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in Guidewire Software were worth $1,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Linonia Partnership LP lifted 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 buying an additional 1,000,709 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in Guidewire Software by 16.2% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 5,157,195 shares of the technology company's stock worth $966,252,000 after buying an additional 720,322 shares during the period. Invesco Ltd. lifted its holdings in Guidewire Software by 70.4% in the 1st quarter. Invesco Ltd. now owns 1,427,104 shares of the technology company's stock worth $267,382,000 after buying an additional 589,424 shares during the period. Congress Asset Management Co. purchased a new stake in Guidewire Software in the 1st quarter worth approximately $85,453,000. Finally, Janus Henderson Group PLC lifted its holdings in Guidewire Software by 242.2% in the 4th quarter. Janus Henderson Group PLC now owns 555,892 shares of the technology company's stock worth $93,683,000 after buying an additional 393,445 shares during the period.

Insider Activity at Guidewire Software

In related news, President John P. Mullen sold 3,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $235.05, for a total transaction of $705,150.00. Following the completion of the transaction, the president owned 146,489 shares of the company's stock, valued at $34,432,239.45. This trade represents a 2.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider James Winston King sold 2,482 shares of the firm'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 value of $547,653.30. Following the transaction, the insider directly owned 37,441 shares of the company's stock, valued at approximately $8,261,356.65. This trade represents a 6.22% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,941 shares of company stock valued at $6,987,551 in the last 90 days. Corporate insiders own 0.48% of the company's stock.

Guidewire Software Stock Down 0.1%

Shares of NYSE:GWRE traded down $0.23 during trading on Friday, hitting $252.96. The stock had a trading volume of 535,872 shares, compared to its average volume of 809,281. Guidewire Software, Inc. has a 12 month low of $165.08 and a 12 month high of $272.60. The company has a market capitalization of $21.30 billion, a PE ratio of 316.20, a PEG ratio of 16.55 and a beta of 1.22. The firm's fifty day moving average is $224.00 and its 200 day moving average is $213.75. 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 (NYSE:GWRE - Get Free Report) last announced its earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $337.82 million. During the same quarter in the prior year, the company earned $0.62 EPS. The business's 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.

Analysts Set New Price Targets

Several research firms have weighed in on GWRE. Wells Fargo & Company increased their price objective on Guidewire Software from $265.00 to $275.00 and gave the stock an "overweight" rating in a report on Friday, September 5th. Robert W. Baird increased their price objective on Guidewire Software from $270.00 to $288.00 and gave the stock an "outperform" rating in a report on Friday, September 5th. DA Davidson increased their price objective on Guidewire Software from $246.00 to $250.00 and gave the stock a "neutral" rating in a report on Monday. Wall Street Zen lowered Guidewire Software from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. Finally, Royal Bank Of Canada increased 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. Nine equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $274.08.

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.