Stephens Investment Management Group LLC Has $134.56 Million Position in Guidewire Software, Inc. $GWRE

Key Points

• Stephens Investment Management Group LLC has reduced its stake in Guidewire Software by 24.3%, holding 571,512 shares valued at approximately $134.56 million, which accounts for 1.8% of its investment portfolio.
• Several research analysts have boosted their price targets for Guidewire Software, with Stifel Nicolaus increasing its target to $300 and Oppenheimer also raising its target to $300, indicating strong market confidence in the stock.
• Insider selling has been significant, with CEO Michael George Rosenbaum and insider James Winston King recently selling shares, reflecting a decrease in ownership for both individuals.

Stephens Investment Management Group LLC cut its stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) by 24.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 571,512 shares of the technology company's stock after selling 183,412 shares during the period. Guidewire Software accounts for about 1.8% of Stephens Investment Management Group LLC's investment portfolio, making the stock its 4th biggest position. Stephens Investment Management Group LLC owned approximately 0.68% of Guidewire Software worth $134,562,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Cullen Frost Bankers Inc. bought a new position in shares of Guidewire Software in the second quarter worth about $58,000. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Guidewire Software by 3.4% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 32,244 shares of the technology company's stock worth $7,592,000 after acquiring an additional 1,052 shares during the last quarter. Whittier Trust Co. raised its stake in shares of Guidewire Software by 2.5% in the second quarter. Whittier Trust Co. now owns 62,239 shares of the technology company's stock worth $14,654,000 after acquiring an additional 1,533 shares during the last quarter. Securian Asset Management Inc. raised its stake in shares of Guidewire Software by 1.6% during the second quarter. Securian Asset Management Inc. now owns 6,421 shares of the technology company's stock worth $1,512,000 after buying an additional 100 shares during the last quarter. Finally, Chicago Partners Investment Group LLC raised its stake in shares of Guidewire Software by 53.5% during the second quarter. Chicago Partners Investment Group LLC now owns 1,719 shares of the technology company's stock worth $385,000 after buying an additional 599 shares during the last quarter.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on GWRE shares. Stifel Nicolaus boosted their price target on shares of Guidewire Software from $270.00 to $300.00 and gave the stock a "buy" rating in a research note on Friday, September 5th. DA Davidson boosted their price target on shares of Guidewire Software from $246.00 to $250.00 and gave the stock a "neutral" rating in a research note on Monday, September 8th. Oppenheimer boosted their price target on shares of Guidewire Software from $275.00 to $300.00 and gave the stock an "outperform" rating in a research note on Friday, September 5th. Weiss Ratings reissued a "hold (c)" rating on shares of Guidewire Software in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Guidewire Software from $271.00 to $288.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 25th. Nine research 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's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $274.08.

Insider Buying and Selling

In other news, insider James Winston King sold 7,162 shares of the company's stock in a transaction that occurred on 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 completion of the transaction, the insider owned 38,615 shares in the company, valued at $9,608,184.30. This represents a 15.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael George Rosenbaum sold 30,317 shares of the company's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $242.87, for a total transaction of $7,363,089.79. Following the completion of the transaction, the chief executive officer owned 264,958 shares of the company's stock, valued at $64,350,349.46. This trade represents a 10.27% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 113,743 shares of company stock valued at $27,306,431. 0.48% of the stock is owned by corporate insiders.

Guidewire Software Stock Down 0.0%

Shares of NYSE GWRE opened at $253.86 on Wednesday. The stock has a market cap of $21.46 billion, a P/E ratio of 317.33, a P/E/G ratio of 15.63 and a beta of 1.21. 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 firm has a 50 day moving average price of $233.01 and a 200 day moving average price of $223.38.

Guidewire Software (NYSE:GWRE - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.22. The company had revenue of $356.57 million during the quarter, compared to analysts' expectations of $337.82 million. Guidewire Software had a net margin of 5.81% and a return on equity of 9.00%. The business's quarterly revenue was up 22.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.62 earnings per share. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts expect 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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