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Venturi Wealth Management LLC Purchases New Stake in Guidewire Software, Inc. $GWRE

Guidewire Software logo with Computer and Technology background

Key Points

  • Venturi Wealth Management LLC has acquired a new stake in Guidewire Software, Inc., purchasing 1,312 shares valued at approximately $309,000.
  • Several major investors, including Friedenthal Financial and DMC Group LLC, have also initiated or increased their stakes in Guidewire during the 2nd quarter.
  • Guidewire's stock received positive revisions in price targets from multiple analysts, with ratings ranging from "buy" to "hold" and a consensus target of $274.08.
  • MarketBeat previews the top five stocks to own by November 1st.

Venturi Wealth Management LLC purchased a new stake in Guidewire Software, Inc. (NYSE:GWRE - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,312 shares of the technology company's stock, valued at approximately $309,000.

A number of other large investors have also added to or reduced their stakes in the business. Friedenthal Financial bought a new stake in Guidewire Software in the 2nd quarter valued at $84,000. DMC Group LLC raised its stake in Guidewire Software by 9.2% in the 2nd quarter. DMC Group LLC now owns 1,321 shares of the technology company's stock valued at $311,000 after acquiring an additional 111 shares during the period. OLD National Bancorp IN bought a new stake in Guidewire Software in the 2nd quarter valued at $235,000. 111 Capital bought a new stake in Guidewire Software in the 2nd quarter valued at $1,753,000. Finally, ZWJ Investment Counsel Inc. bought a new stake in Guidewire Software in the 2nd quarter valued at $235,000.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on GWRE. Robert W. Baird increased their price target on Guidewire Software from $270.00 to $288.00 and gave the company an "outperform" rating in a research note on Friday, September 5th. Stifel Nicolaus increased their price objective on Guidewire Software from $270.00 to $300.00 and gave the stock a "buy" rating in a research report on Friday, September 5th. Citigroup increased their price objective on Guidewire Software from $247.00 to $267.00 and gave the stock a "neutral" rating in a research report on Tuesday, September 9th. Weiss Ratings reiterated a "hold (c)" rating on shares of Guidewire Software in a research report on Wednesday. Finally, Oppenheimer increased their price objective on Guidewire Software from $275.00 to $300.00 and gave the stock an "outperform" rating in a research report on Friday, September 5th. Nine investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $274.08.

Get Our Latest Stock Analysis on GWRE

Guidewire Software Stock Up 1.3%

Shares of NYSE GWRE opened at $239.57 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.77 and a current ratio of 2.77. Guidewire Software, Inc. has a 52 week low of $165.08 and a 52 week high of $272.60. The stock has a market capitalization of $20.25 billion, a P/E ratio of 299.46 and a beta of 1.21. The stock's fifty day moving average is $229.09 and its 200 day moving average is $220.35.

Guidewire Software (NYSE:GWRE - Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The technology company reported $0.84 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.22. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The company had revenue of $356.57 million for the quarter, compared to analysts' expectations of $337.82 million. During the same quarter last year, the business earned $0.62 earnings per share. Guidewire Software's revenue was up 22.3% on a year-over-year basis. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Sell-side analysts forecast that Guidewire Software, Inc. will post 0.52 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, President John P. Mullen sold 15,869 shares of the firm's stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $242.87, for a total value of $3,854,104.03. Following the transaction, the president owned 158,958 shares in the company, valued at approximately $38,606,129.46. This trade represents a 9.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 completion of the sale, the insider directly owned 38,615 shares in the company, valued at $9,608,184.30. This trade represents a 15.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 115,427 shares of company stock worth $27,598,586 over the last three months. Company insiders own 0.48% of the company's stock.

Guidewire Software Profile

(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.

Further Reading

Want to see what other hedge funds are holding GWRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Guidewire Software, Inc. (NYSE:GWRE - Free Report).

Institutional Ownership by Quarter for Guidewire Software (NYSE:GWRE)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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