Otter Creek Advisors LLC Sells 3,690 Shares of Guidewire Software, Inc. $GWRE

Key Points

• Otter Creek Advisors LLC has reduced its stake in Guidewire Software by 19.6%, selling 3,690 shares and now holding approximately $3,567,000 worth of the stock.
• Several analysts have raised their target prices for Guidewire Software, with estimates ranging from $270.00 to $305.00, indicating a generally favorable outlook for the stock.
• Insider trading activity includes James Winston King selling over 7,162 shares and CFO Jeffrey Elliott Cooper selling 14,103 shares, marking significant decreases in their positions.

Otter Creek Advisors LLC reduced its stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 19.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,148 shares of the technology company's stock after selling 3,690 shares during the period. Guidewire Software makes up approximately 2.5% of Otter Creek Advisors LLC's holdings, making the stock its 22nd largest holding. Otter Creek Advisors LLC's holdings in Guidewire Software were worth $3,567,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of GWRE. Linonia Partnership LP grew its stake in shares of Guidewire Software by 41.8% in the 1st quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company's stock valued at $636,333,000 after purchasing an additional 1,000,709 shares during the period. Massachusetts Financial Services Co. MA grew its stake in shares of 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 valued at $966,252,000 after purchasing an additional 720,322 shares during the period. Invesco Ltd. grew its stake in shares of Guidewire Software by 70.4% in the 1st quarter. Invesco Ltd. now owns 1,427,104 shares of the technology company's stock valued at $267,382,000 after purchasing an additional 589,424 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Guidewire Software by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 8,711,604 shares of the technology company's stock worth $1,632,206,000 after acquiring an additional 256,070 shares in the last quarter. Finally, Fiera Capital Corp acquired a new position in shares of Guidewire Software in the 1st quarter worth approximately $44,577,000.

Analyst Ratings Changes

Several research analysts have recently commented on GWRE shares. Stifel Nicolaus boosted their target price on Guidewire Software from $270.00 to $300.00 and gave the stock a "buy" rating in a report on Friday, September 5th. The Goldman Sachs Group boosted their target price on Guidewire Software from $270.00 to $305.00 and gave the stock a "buy" rating in a report on Friday, September 5th. Wells Fargo & Company boosted their target price on Guidewire Software from $265.00 to $275.00 and gave the stock an "overweight" rating in a report on Friday, September 5th. Citigroup boosted their target price on Guidewire Software from $247.00 to $267.00 and gave the stock a "neutral" rating in a report on Tuesday, September 9th. Finally, JPMorgan Chase & Co. boosted their target price on Guidewire Software from $271.00 to $288.00 and gave the stock an "overweight" rating in a report on Wednesday, June 25th. Nine analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Guidewire Software currently has an average rating of "Moderate Buy" and a consensus target price of $274.08.

Insider Activity

In other Guidewire Software news, insider James Winston King sold 7,162 shares of the company's stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $248.82, for a total transaction of $1,782,048.84. Following the completion of the sale, the insider owned 38,615 shares in the company, valued at approximately $9,608,184.30. The trade was a 15.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Jeffrey Elliott Cooper sold 14,103 shares of the company's stock in a transaction 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 sale, the chief financial officer owned 84,646 shares of the company's stock, valued at $20,557,974.02. The trade was a 14.28% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 112,945 shares of company stock worth $27,077,616. 0.48% of the stock is owned by company insiders.

Guidewire Software Stock Up 0.3%

NYSE:GWRE opened at $244.66 on Friday. The stock's fifty day moving average price is $231.20 and its two-hundred day moving average price is $222.14. Guidewire Software, Inc. has a 52-week low of $165.08 and a 52-week high of $272.60. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.77 and a current ratio of 2.77. The company has a market cap of $20.68 billion, a price-to-earnings ratio of 305.83 and a beta of 1.21.

Guidewire Software (NYSE:GWRE - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $337.82 million. During the same quarter in the prior year, the business earned $0.62 EPS. The business's revenue for the quarter 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. On average, analysts anticipate that Guidewire Software, Inc. will post 0.52 EPS for the current year.

Guidewire Software Company 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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