Guidewire Software (NYSE:GWRE) CAO David Franklin Peterson Sells 1,000 Shares of Stock

Key Points

• David Franklin Peterson, CAO of Guidewire Software, sold 1,000 shares of the company's stock for $249,860, resulting in a 7.06% decrease in his holdings.
• The stock currently has a price-to-earnings ratio of 305.74 and has experienced a trading volume of 574,355 shares against an average of 872,474 shares.
• Guidewire Software reported a 22.3% increase in quarterly revenue year-over-year, with earnings per share of $0.84 surpassing estimates by $0.22.

Guidewire Software, Inc. (NYSE:GWRE - Get Free Report) CAO David Franklin Peterson sold 1,000 shares of the company's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $249.86, for a total value of $249,860.00. Following the sale, the chief accounting officer owned 13,164 shares of the company's stock, valued at approximately $3,289,157.04. This represents a 7.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

David Franklin Peterson also recently made the following trade(s):

• On Tuesday, September 16th, David Franklin Peterson sold 1,811 shares of Guidewire Software stock. The stock was sold at an average price of $242.87, for a total transaction of $439,837.57.

Guidewire Software Stock Performance

Shares of GWRE stock traded down $0.18 during mid-day trading on Monday, reaching $244.59. The stock had a trading volume of 574,355 shares, compared to its average volume of 872,474. The firm has a market cap of $20.68 billion, a price-to-earnings ratio of 305.74 and a beta of 1.22. Guidewire Software, Inc. has a 1-year low of $165.08 and a 1-year high of $272.60. The business's fifty day moving average is $226.40 and its 200-day moving average is $216.26. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 0.46.

Guidewire Software (NYSE:GWRE - Get Free Report) last announced its earnings results 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 the consensus estimate of $337.82 million. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The business's quarterly revenue was up 22.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.62 EPS. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, research analysts forecast that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Wall Street Analyst Weigh In

GWRE has been the topic of several analyst reports. Royal Bank Of Canada increased their price objective on Guidewire Software from $290.00 to $300.00 and gave the company an "outperform" rating in a research note on Friday, September 5th. Raymond James Financial reiterated an "outperform" rating and set a $275.00 target price (up previously from $255.00) on shares of Guidewire Software in a research note on Friday, September 5th. DA Davidson lifted their price target on shares of Guidewire Software from $246.00 to $250.00 and gave the company a "neutral" rating in a research report on Monday, September 8th. JPMorgan Chase & Co. upped their price target on Guidewire Software from $271.00 to $288.00 and gave the stock an "overweight" rating in a report on Wednesday, June 25th. Finally, Needham & Company LLC restated a "hold" rating on shares of Guidewire Software in a research report on Wednesday, June 4th. Nine equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $274.08.

Hedge Funds Weigh In On Guidewire Software

Several large investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. increased its holdings in Guidewire Software by 403.8% in the first quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company's stock valued at $25,000 after buying an additional 105 shares during the last quarter. Advisors Asset Management Inc. acquired a new stake in Guidewire Software during the first quarter worth about $25,000. Quarry LP bought a new stake in shares of Guidewire Software in the 1st quarter worth approximately $28,000. Newbridge Financial Services Group Inc. acquired a new stake in Guidewire Software in the second quarter worth $30,000. Finally, Rise Advisors LLC bought a new stake in Guidewire Software in the 1st quarter valued at about $31,000.

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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