Meiji Yasuda Asset Management Co Ltd. Invests $375,000 in Guidewire Software, Inc. $GWRE

Key Points

• Meiji Yasuda Asset Management Co Ltd. has acquired a new stake of 2,001 shares in Guidewire Software, Inc., valued at approximately $375,000 during the first quarter.
• Multiple institutional investors increased their holdings or initiated new positions in Guidewire Software, indicating growing interest in the company.
• Analysts from firms including Raymond James and Royal Bank of Canada have upgraded their target prices for Guidewire Software, reflecting confidence in the stock's performance.

Meiji Yasuda Asset Management Co Ltd. purchased a new stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,001 shares of the technology company's stock, valued at approximately $375,000.

Other large investors have also recently bought and sold shares of the company. SBI Securities Co. Ltd. raised its stake in Guidewire Software by 403.8% during the first quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company's stock worth $25,000 after acquiring an additional 105 shares in the last quarter. Advisors Asset Management Inc. acquired a new position in shares of Guidewire Software in the 1st quarter worth approximately $25,000. Quarry LP bought a new position in shares of Guidewire Software in the 1st quarter worth about $28,000. Rise Advisors LLC bought a new stake in Guidewire Software in the first quarter valued at $31,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in Guidewire Software by 70.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 170 shares of the technology company's stock valued at $32,000 after purchasing an additional 70 shares during the period.

Guidewire Software Stock Down 0.1%

Shares of NYSE GWRE traded down $0.23 on Friday, reaching $252.96. 535,872 shares of the company's stock traded hands, compared to its average volume of 809,281. The company has a quick ratio of 3.23, a current ratio of 2.77 and a debt-to-equity ratio of 0.46. The business's 50 day simple moving average is $224.00 and its two-hundred day simple moving average is $213.84. Guidewire Software, Inc. has a 12 month low of $165.08 and a 12 month high of $272.60. The company has a market cap of $21.30 billion, a price-to-earnings 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 quarterly earnings data on Thursday, September 4th. The technology company reported $0.84 earnings per share (EPS) for the quarter, beating 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 business had revenue of $356.57 million during the quarter, compared to analysts' expectations of $337.82 million. During the same quarter in the previous year, the business earned $0.62 earnings per share. The firm'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. As a group, equities research analysts forecast that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

Insider Buying and Selling

In other news, President John P. Mullen sold 3,000 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $235.05, for a total transaction of $705,150.00. Following the sale, the president owned 146,489 shares in the company, valued at $34,432,239.45. This represents a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Michael George Rosenbaum sold 1,400 shares of the business's stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $223.75, for a total transaction of $313,250.00. Following the completion of the transaction, the chief executive officer owned 230,268 shares of the company's stock, valued at approximately $51,522,465. The trade was a 0.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 30,941 shares of company stock worth $6,987,551 in the last quarter. Corporate insiders own 0.48% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on GWRE shares. Royal Bank Of Canada increased their price target on Guidewire Software from $290.00 to $300.00 and gave the company an "outperform" rating in a research report on Friday, September 5th. Raymond James Financial restated an "outperform" rating and set a $275.00 price target (up from $255.00) on shares of Guidewire Software in a research note on Friday, September 5th. JMP Securities increased their target price on shares of Guidewire Software from $250.00 to $281.00 and gave the stock a "market outperform" rating in a research note on Wednesday, June 4th. Stifel Nicolaus boosted their price objective on Guidewire Software from $270.00 to $300.00 and gave the stock a "buy" rating in a report on Friday, September 5th. Finally, Oppenheimer raised their price target on Guidewire Software from $275.00 to $300.00 and gave the company an "outperform" rating in a research report on Friday, September 5th. Nine analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price 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.