Park Avenue Securities LLC Buys Shares of 6,713 Guidewire Software, Inc. $GWRE

Key Points

• Park Avenue Securities LLC has acquired a new position in Guidewire Software, purchasing 6,713 shares valued at approximately $1,580,000.
• Guidewire reported quarterly earnings of $0.84 per share, surpassing the expected $0.62 by $0.22, with revenue increasing by 22.3% year-over-year.
• A number of hedge funds, including Vanguard Group and Invesco Ltd., have significantly increased their stakes in Guidewire Software during the first quarter of the year.

Park Avenue Securities LLC purchased a new position in Guidewire Software, Inc. (NYSE:GWRE - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,713 shares of the technology company's stock, valued at approximately $1,580,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Guidewire Software by 3.0% during the 1st quarter. Vanguard Group Inc. now owns 8,711,604 shares of the technology company's stock valued at $1,632,206,000 after acquiring an additional 256,070 shares during the period. Massachusetts Financial Services Co. MA lifted its position in Guidewire Software by 16.2% during the first 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. Linonia Partnership LP boosted its holdings in Guidewire Software by 41.8% in the first quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company's stock worth $636,333,000 after purchasing an additional 1,000,709 shares during the last quarter. Wellington Management Group LLP grew its position in Guidewire Software by 1.5% in the 1st quarter. Wellington Management Group LLP now owns 1,672,767 shares of the technology company's stock worth $313,410,000 after purchasing an additional 24,991 shares during the period. Finally, Invesco Ltd. raised its stake in Guidewire Software by 70.4% during the 1st quarter. Invesco Ltd. now owns 1,427,104 shares of the technology company's stock valued at $267,382,000 after buying an additional 589,424 shares during the last quarter.

Guidewire Software Price Performance

NYSE GWRE opened at $234.58 on Friday. 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, Inc. has a 12 month low of $165.08 and a 12 month high of $272.60. The stock has a market cap of $19.83 billion, a price-to-earnings ratio of 293.23 and a beta of 1.22. The company's 50 day moving average is $227.43 and its two-hundred day moving average is $217.05.

Guidewire Software (NYSE:GWRE - Get Free Report) last posted its quarterly 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 analyst estimates of $337.82 million. Guidewire Software had a net margin of 5.81% and a return on equity of 9.00%. The company's revenue was up 22.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.62 earnings per share. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, research analysts anticipate that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on GWRE shares. Wall Street Zen downgraded Guidewire Software from a "buy" rating to a "hold" rating in a research note on Friday, September 5th. The Goldman Sachs Group raised their target price on Guidewire Software from $270.00 to $305.00 and gave the stock a "buy" rating in a research report on Friday, September 5th. Raymond James Financial reaffirmed an "outperform" rating and set a $275.00 price target (up previously from $255.00) on shares of Guidewire Software in a research report on Friday, September 5th. Citigroup raised their price objective on shares of 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 shares of Guidewire Software from $271.00 to $288.00 and gave the company an "overweight" rating in a research report on Wednesday, June 25th. Nine research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $274.08.

Insider Buying and Selling at Guidewire Software

In other Guidewire Software news, CFO Jeffrey Elliott Cooper sold 7,535 shares of the firm's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $248.76, for a total transaction of $1,874,406.60. Following the sale, the chief financial officer directly owned 77,111 shares of the company's stock, valued at $19,182,132.36. This trade represents a 8.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider James Winston King sold 7,162 shares of the firm's stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $248.82, for a total value of $1,782,048.84. Following the sale, the insider directly owned 38,615 shares in the company, valued at approximately $9,608,184.30. This represents a 15.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 115,427 shares of company stock valued at $27,618,910. 0.48% of the stock is currently owned by corporate insiders.

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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