Ritholtz Wealth Management Invests $325,000 in Guidewire Software, Inc. $GWRE

Key Points

• Ritholtz Wealth Management has acquired 1,381 shares of Guidewire Software, Inc. for approximately $325,000 in the second quarter, marking a new investment in the tech company.
• Analysts have recently increased their price targets for Guidewire Software, with some firms setting objectives as high as $300, reflecting positive sentiment towards the stock.
• Insider selling has been reported, with the CFO and President selling significant shares, which indicates potential changes in insider sentiment despite a strong quarterly earnings performance.

Ritholtz Wealth Management acquired a new position in Guidewire Software, Inc. (NYSE:GWRE - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,381 shares of the technology company's stock, valued at approximately $325,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. ANB Bank grew its holdings in Guidewire Software by 3.5% in the 1st quarter. ANB Bank now owns 1,590 shares of the technology company's stock worth $298,000 after buying an additional 54 shares in the last quarter. Brooklyn Investment Group grew its holdings in Guidewire Software by 38.3% in the 1st quarter. Brooklyn Investment Group now owns 224 shares of the technology company's stock worth $42,000 after buying an additional 62 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in Guidewire Software by 40.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 238 shares of the technology company's stock worth $56,000 after buying an additional 68 shares in the last quarter. Poinciana Advisors Group LLC grew its holdings in Guidewire Software by 5.9% in the 2nd quarter. Poinciana Advisors Group LLC now owns 1,247 shares of the technology company's stock worth $294,000 after buying an additional 70 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its holdings in Guidewire Software by 4.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,835 shares of the technology company's stock worth $432,000 after buying an additional 73 shares in the last quarter.

Analyst Ratings Changes

A number of equities analysts recently issued reports on GWRE shares. 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 report on Wednesday, June 25th. Oppenheimer increased their price target on Guidewire Software from $275.00 to $300.00 and gave the company an "outperform" rating in a research note on Friday, September 5th. Citigroup increased their price target on Guidewire Software from $247.00 to $267.00 and gave the company a "neutral" rating in a research note on Tuesday, September 9th. Stifel Nicolaus increased their price target on Guidewire Software from $270.00 to $300.00 and gave the company a "buy" rating in a research note on Friday, September 5th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Guidewire Software in a research note on Wednesday, October 8th. Nine research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $274.08.

Insider Buying and Selling at Guidewire Software

In other news, CFO Jeffrey Elliott Cooper sold 7,535 shares of the stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $248.76, for a total value of $1,874,406.60. Following the completion of the sale, the chief financial officer owned 77,111 shares in the company, valued at $19,182,132.36. This represents a 8.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President John P. Mullen sold 3,000 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $230.73, for a total value of $692,190.00. Following the completion of the sale, the president owned 155,958 shares of the company's stock, valued at $35,984,189.34. The trade was a 1.89% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 111,545 shares of company stock worth $26,766,382. 0.48% of the stock is owned by insiders.

Guidewire Software Stock Performance

GWRE opened at $253.67 on Tuesday. The firm has a market cap of $21.44 billion, a PE ratio of 317.09, a P/E/G ratio of 15.03 and a beta of 1.21. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.46. The business has a fifty day simple moving average of $232.09 and a 200-day simple moving average of $223.17. Guidewire Software, Inc. has a fifty-two week low of $165.08 and a fifty-two week high of $272.60.

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, topping the consensus estimate 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 return on equity of 9.00% and a net margin of 5.81%.The company's revenue was up 22.3% compared to the same quarter last year. During the same period last year, the company posted $0.62 EPS. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, equities analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

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.

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