United Services Automobile Association bought a new position in shares of Guidewire Software, Inc. (NYSE:GWRE - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 5,410 shares of the technology company's stock, valued at approximately $1,014,000.
Other large investors also recently modified their holdings of the company. Portside Wealth Group LLC boosted its stake in Guidewire Software by 148.1% in the first quarter. Portside Wealth Group LLC now owns 2,724 shares of the technology company's stock valued at $510,000 after buying an additional 1,626 shares in the last quarter. Empower Advisory Group LLC acquired a new stake in Guidewire Software in the first quarter valued at about $692,000. Praxis Investment Management Inc. acquired a new stake in Guidewire Software in the first quarter valued at about $347,000. Principal Financial Group Inc. boosted its stake in Guidewire Software by 3,320.4% in the first quarter. Principal Financial Group Inc. now owns 192,843 shares of the technology company's stock valued at $36,131,000 after buying an additional 187,205 shares in the last quarter. Finally, OMNI 360 Wealth Inc. acquired a new stake in Guidewire Software in the first quarter valued at about $211,000.
Guidewire Software Trading Down 0.1%
Guidewire Software stock traded down $0.23 during trading hours on Friday, hitting $252.96. The stock had a trading volume of 535,872 shares, compared to its average volume of 959,159. The company has a quick ratio of 3.23, a current ratio of 2.77 and a debt-to-equity ratio of 0.46. The stock has a market cap of $21.30 billion, a price-to-earnings ratio of 316.20, a P/E/G ratio of 16.54 and a beta of 1.22. Guidewire Software, Inc. has a one year low of $165.08 and a one year high of $272.60. The business's 50 day simple moving average is $223.55 and its 200-day simple moving average is $213.38.
Guidewire Software (NYSE:GWRE - Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The technology company reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.22. The company had revenue of $356.57 million for 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 firm's quarterly revenue was up 22.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.62 earnings per share. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, equities analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.
Analyst Ratings Changes
Several research firms recently weighed in on GWRE. Raymond James Financial reaffirmed an "outperform" rating and issued a $275.00 price objective (up from $255.00) on shares of Guidewire Software in a research note on Friday, September 5th. Citigroup raised their price objective on Guidewire Software from $247.00 to $267.00 and gave the company a "neutral" rating in a research note on Tuesday. The Goldman Sachs Group raised their price objective on Guidewire Software from $270.00 to $305.00 and gave the company a "buy" rating in a research note on Friday, September 5th. Stifel Nicolaus increased their target price on Guidewire Software from $270.00 to $300.00 and gave the company a "buy" rating in a research report on Friday, September 5th. Finally, Wall Street Zen downgraded Guidewire Software from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. Nine research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $274.08.
Check Out Our Latest Analysis on Guidewire Software
Insider Buying and Selling
In related news, insider James Winston King sold 2,482 shares of Guidewire Software stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $220.65, for a total value of $547,653.30. Following the transaction, the insider directly owned 37,441 shares of the company's stock, valued at $8,261,356.65. The trade was a 6.22% 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, CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $223.75, for a total value of $313,250.00. Following the completion of the transaction, the chief executive officer directly owned 230,268 shares in the company, valued at approximately $51,522,465. This represents a 0.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 30,941 shares of company stock valued at $6,987,551 over the last ninety days. 0.48% of the stock is owned by company insiders.
About Guidewire Software
(
Free Report)
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.
See Also
Before you consider Guidewire Software, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Guidewire Software wasn't on the list.
While Guidewire Software currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
