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

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

Analysts Set New Price Targets

Several research analysts have weighed in on GWRE shares. Needham & Company LLC reissued a "hold" rating on shares of Guidewire Software in a report on Wednesday, June 4th. Citigroup increased their target price on Guidewire Software from $247.00 to $267.00 and gave the stock a "neutral" rating in a research note on Tuesday, September 9th. JPMorgan Chase & Co. increased 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. The Goldman Sachs Group increased their price objective on Guidewire Software from $270.00 to $305.00 and gave the stock a "buy" rating in a research report on Friday, September 5th. Finally, 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 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 issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $274.08.

Guidewire Software Price Performance

Shares of GWRE stock traded down $0.72 during trading hours on Thursday, reaching $246.22. The company's stock had a trading volume of 185,334 shares, compared to its average volume of 952,299. The firm's 50 day simple moving average is $225.02 and its 200-day simple moving average is $214.75. The company has a market capitalization of $20.81 billion, a price-to-earnings ratio of 307.66 and a beta of 1.22. Guidewire Software, Inc. has a fifty-two week low of $165.08 and a fifty-two week high of $272.60. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.46.

Guidewire Software (NYSE:GWRE - Get Free Report) last released its quarterly earnings data on Thursday, September 4th. The technology company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.22. The business had revenue of $356.57 million for the quarter, compared to analyst estimates of $337.82 million. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.Guidewire Software's revenue was up 22.3% compared to the same quarter last year. During the same period last year, the firm posted $0.62 earnings per share. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Sell-side analysts forecast that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Insider Activity at Guidewire Software

In related news, CFO Jeffrey Elliott Cooper sold 14,103 shares of the company's stock in a transaction that occurred 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 transaction, the chief financial officer directly owned 84,646 shares in the company, valued at $20,557,974.02. This represents a 14.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO David Franklin Peterson sold 1,811 shares of the firm's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $242.87, for a total transaction of $439,837.57. Following the completion of the sale, the chief accounting officer owned 14,164 shares in the company, valued at $3,440,010.68. This represents a 11.34% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 100,730 shares of company stock worth $23,941,122 in the last ninety days. Insiders own 0.48% of the company's stock.

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.