Sheets Smith Wealth Management Makes New Investment in Guidewire Software, Inc. $GWRE

Key Points

• Sheets Smith Wealth Management made a new investment by purchasing 3,061 shares of Guidewire Software, Inc. valued at approximately $721,000 in the second quarter.
• Recent insider trading includes CFO Jeffrey Elliott Cooper selling 14,103 shares for over $3.4 million, and James Winston King selling 7,162 shares for about $1.78 million, representing significant decreases in their holdings.
• Guidewire Software reported earnings exceeding analyst expectations with a quarterly EPS of $0.84, along with a revenue increase of 22.3% year-over-year.

Sheets Smith Wealth Management purchased a new position in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,061 shares of the technology company's stock, valued at approximately $721,000.

Several other hedge funds and other institutional investors have also modified their holdings of GWRE. SBI Securities Co. Ltd. raised its stake in Guidewire Software by 403.8% during the 1st quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company's stock valued at $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 during the 1st quarter worth about $25,000. Quarry LP acquired a new position in shares of Guidewire Software during the first quarter valued at about $28,000. Rise Advisors LLC acquired a new position in shares of Guidewire Software during the first quarter valued at about $31,000. Finally, MassMutual Private Wealth & Trust FSB lifted its stake 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 valued at $32,000 after buying an additional 70 shares during the period.

Insider Activity at Guidewire Software

In other Guidewire Software news, CFO Jeffrey Elliott Cooper sold 14,103 shares of the firm's stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $242.87, for a total value of $3,425,195.61. Following the completion of the sale, the chief financial officer owned 84,646 shares in the company, valued at approximately $20,557,974.02. This trade represents a 14.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider James Winston King sold 7,162 shares of the business's stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $248.82, for a total transaction of $1,782,048.84. Following the completion of the transaction, the insider owned 38,615 shares of the company's stock, valued at $9,608,184.30. This trade represents a 15.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 115,427 shares of company stock worth $27,618,910 in the last 90 days. Corporate insiders own 0.48% of the company's stock.

Guidewire Software Stock Down 2.1%

GWRE opened at $236.86 on Thursday. The firm has a market cap of $20.02 billion, a price-to-earnings ratio of 296.08 and a beta of 1.22. 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 firm's 50-day simple moving average is $227.16 and its 200-day simple moving average is $216.58. Guidewire Software, Inc. has a twelve month low of $165.08 and a twelve month high of $272.60.

Guidewire Software (NYSE:GWRE - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The technology company reported $0.84 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $0.22. The firm had revenue of $356.57 million for 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 for the quarter was up 22.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.62 earnings per share. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities research analysts anticipate that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on GWRE. Stifel Nicolaus boosted 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. Robert W. Baird boosted their price objective on Guidewire Software from $270.00 to $288.00 and gave the company an "outperform" rating in a research report on Friday, September 5th. Wall Street Zen cut Guidewire Software from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. Royal Bank Of Canada boosted their price target on shares of Guidewire Software from $290.00 to $300.00 and gave the company an "outperform" rating in a report on Friday, September 5th. Finally, Wells Fargo & Company increased their price objective on shares of Guidewire Software from $265.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, September 5th. Nine equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Guidewire Software presently has an average rating of "Moderate Buy" and a consensus price target of $274.08.

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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