First Hawaiian Bank Makes New Investment in Guidewire Software, Inc. $GWRE

Key Points

• First Hawaiian Bank has initiated a new investment in Guidewire Software, Inc. by acquiring 8,250 shares valued at approximately $1.5 million in the first quarter.
• Despite share prices fluctuating, Guidewire reported earnings of $0.84 per share, surpassing estimates and showing a year-over-year revenue increase of 22.3%.
• Wall Street analysts remain optimistic about Guidewire's stock, with a consensus rating of "Moderate Buy" and a predicted average price target of $274.08.

First Hawaiian Bank bought a new position in Guidewire Software, Inc. (NYSE:GWRE - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,250 shares of the technology company's stock, valued at approximately $1,546,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in GWRE. Portside Wealth Group LLC increased its position in Guidewire Software by 148.1% during the 1st quarter. Portside Wealth Group LLC now owns 2,724 shares of the technology company's stock worth $510,000 after purchasing an additional 1,626 shares in the last quarter. Empower Advisory Group LLC bought a new stake in shares of Guidewire Software during the first quarter worth $692,000. Praxis Investment Management Inc. acquired a new position in shares of Guidewire Software during the first quarter worth $347,000. Principal Financial Group Inc. increased its holdings in shares of Guidewire Software by 3,320.4% during the first quarter. Principal Financial Group Inc. now owns 192,843 shares of the technology company's stock worth $36,131,000 after buying an additional 187,205 shares in the last quarter. Finally, OMNI 360 Wealth Inc. bought a new position in shares of Guidewire Software in the 1st quarter valued at $211,000.

Guidewire Software Stock Down 0.1%

Shares of NYSE GWRE opened at $252.96 on Friday. The company's 50 day moving average price is $224.00 and its 200-day moving average price is $213.75. The company has a debt-to-equity ratio of 0.46, a quick ratio of 3.23 and a current ratio of 2.77. Guidewire Software, Inc. has a 52-week low of $165.08 and a 52-week high of $272.60. The company has a market capitalization of $21.30 billion, a P/E ratio of 316.20, a price-to-earnings-growth ratio of 16.55 and a beta of 1.22.

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 for the quarter, topping analysts' consensus estimates of $0.62 by $0.22. The business had revenue of $356.57 million during the quarter, compared to the consensus estimate of $337.82 million. Guidewire Software had a net margin of 5.81% and a return on equity of 9.00%. Guidewire Software's quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.62 earnings per share. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities analysts forecast that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Insider Transactions at Guidewire Software

In other news, CEO Michael George Rosenbaum sold 1,400 shares of the business's stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $223.75, for a total value of $313,250.00. Following the transaction, the chief executive officer directly owned 230,268 shares of the company's stock, valued at $51,522,465. The trade was a 0.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 value of $705,150.00. Following the sale, the president directly owned 146,489 shares of the company's stock, valued at $34,432,239.45. This represents a 2.01% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 30,941 shares of company stock valued at $6,987,551. Corporate insiders own 0.48% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on GWRE. JPMorgan Chase & Co. boosted their price objective on Guidewire Software from $271.00 to $288.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 25th. Citigroup boosted their price target on Guidewire Software from $247.00 to $267.00 and gave the stock a "neutral" rating in a report on Tuesday. JMP Securities upped their price objective on Guidewire Software from $250.00 to $281.00 and gave the company a "market outperform" rating in a research note on Wednesday, June 4th. The Goldman Sachs Group lifted their target price on shares of Guidewire Software from $270.00 to $305.00 and gave the stock a "buy" rating in a research report on Friday, September 5th. Finally, Oppenheimer boosted their target price on shares of Guidewire Software from $275.00 to $300.00 and gave the stock an "outperform" rating in a report on Friday, September 5th. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $274.08.

Guidewire Software 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.

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