Intech Investment Management LLC Sells 8,199 Shares of Guidewire Software, Inc. $GWRE

Key Points

• Intech Investment Management LLC reduced its stake in Guidewire Software by 29.0%, selling 8,199 shares in the first quarter, leaving it with 20,026 shares valued at approximately $3.75 million.
• Guidewire Software reported strong earnings, with $0.84 EPS for the quarter, exceeding analysts' expectations and showing a 22.3% year-over-year revenue growth.
• Analysts have varied ratings for Guidewire Software, with an average price target of $274.08, indicating a consensus of Moderate Buy based on multiple recent upgrades.

Intech Investment Management LLC cut its stake in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 29.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,026 shares of the technology company's stock after selling 8,199 shares during the period. Intech Investment Management LLC's holdings in Guidewire Software were worth $3,752,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. SBI Securities Co. Ltd. increased its position in shares of Guidewire Software by 403.8% in the first quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company's stock worth $25,000 after purchasing an additional 105 shares during the last quarter. Advisors Asset Management Inc. bought a new position in shares of Guidewire Software in the first quarter worth approximately $25,000. Quarry LP bought a new position in shares of Guidewire Software in the first quarter worth approximately $28,000. Rise Advisors LLC bought a new position in shares of Guidewire Software in the first quarter worth approximately $31,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in shares of Guidewire Software by 70.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 170 shares of the technology company's stock worth $32,000 after purchasing an additional 70 shares during the last quarter.

Guidewire Software Trading Down 0.2%

Shares of NYSE:GWRE traded down $0.62 during trading on Monday, reaching $252.32. 647,832 shares of the company traded hands, compared to its average volume of 802,736. The business's fifty day moving average is $224.38 and its 200-day moving average is $214.30. Guidewire Software, Inc. has a 52-week low of $165.08 and a 52-week high of $272.60. The firm has a market capitalization of $21.33 billion, a price-to-earnings ratio of 315.40 and a beta of 1.22. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 0.46.

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, topping 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 company had revenue of $356.57 million during the quarter, compared to analyst estimates of $337.82 million. During the same quarter last year, the firm posted $0.62 earnings per share. The firm's revenue 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. As a group, analysts forecast that Guidewire Software, Inc. will post 0.52 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. JMP Securities upped their price objective on shares of Guidewire Software from $250.00 to $281.00 and gave the stock a "market outperform" rating in a research report on Wednesday, June 4th. Stifel Nicolaus upped their price objective on shares of Guidewire Software from $270.00 to $300.00 and gave the stock a "buy" rating in a research report on Friday, September 5th. Citigroup increased their price target on shares of Guidewire Software from $247.00 to $267.00 and gave the company a "neutral" rating in a research report on Tuesday, September 9th. DA Davidson increased their price target on shares of Guidewire Software from $246.00 to $250.00 and gave the company a "neutral" rating in a research report on Monday, September 8th. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Guidewire Software in a research report on Wednesday, June 4th. Nine research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $274.08.

Insiders Place Their Bets

In other Guidewire Software news, CEO Michael George Rosenbaum sold 1,400 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $225.04, for a total value of $315,056.00. Following the completion of the transaction, the chief executive officer owned 228,868 shares in the company, valued at approximately $51,504,454.72. This represents a 0.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider James Winston King sold 2,482 shares of the stock in a transaction on Monday, July 14th. The stock was sold at an average price of $220.65, for a total value of $547,653.30. Following the completion of the transaction, the insider 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. Over the last 90 days, insiders sold 31,481 shares of company stock worth $7,122,618. 0.48% of the stock is owned by corporate insiders.

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.