Guidewire Software (NYSE:GWRE) CEO Michael George Rosenbaum Sells 1,400 Shares

Key Points

• Guidewire Software CEO Michael George Rosenbaum sold 1,400 shares of the company's stock on August 25th for a total of $300,580, reducing his stake by 0.62% and leaving him with 224,668 shares valued at approximately $48.24 million.
• The stock closed at $211.38 after trading down $2.61, with a market cap of $17.80 billion and a PE ratio of 528.45.
• Guidewire Software has received positive analyst ratings, with price targets raised by firms like Goldman Sachs and Robert W. Baird to around $270, reflecting a strong outlook for the company's value.

Guidewire Software, Inc. (NYSE:GWRE - Get Free Report) CEO Michael George Rosenbaum sold 1,400 shares of the business's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $214.70, for a total transaction of $300,580.00. Following the completion of the sale, the chief executive officer owned 224,668 shares in the company, valued at approximately $48,236,219.60. The trade was a 0.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Michael George Rosenbaum also recently made the following trade(s):

• On Monday, August 18th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $211.61, for a total transaction of $296,254.00.
• On Monday, August 11th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $212.44, for a total value of $297,416.00.
• On Monday, August 4th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $225.04, for a total value of $315,056.00.
• On Monday, July 28th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $223.75, for a total transaction of $313,250.00.
• On Monday, July 21st, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $222.31, for a total transaction of $311,234.00.
• On Monday, July 14th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $220.65, for a total value of $308,910.00.
• On Monday, July 7th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $230.70, for a total value of $322,980.00.
• On Monday, June 30th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $236.89, for a total value of $331,646.00.
• On Monday, June 23rd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $238.12, for a total transaction of $333,368.00.
• On Monday, June 9th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The stock was sold at an average price of $256.50, for a total value of $359,100.00.

Guidewire Software Stock Performance

Shares of GWRE stock traded down $2.6110 during trading hours on Monday, hitting $211.3790. The company's stock had a trading volume of 434,037 shares, compared to its average volume of 957,588. The stock has a market cap of $17.80 billion, a PE ratio of 528.45, a price-to-earnings-growth ratio of 15.09 and a beta of 1.16. Guidewire Software, Inc. has a 12-month low of $142.94 and a 12-month high of $263.20. The company has a 50 day moving average of $225.65 and a 200 day moving average of $211.56. The company has a current ratio of 3.23, a quick ratio of 3.23 and a debt-to-equity ratio of 0.49.

Guidewire Software (NYSE:GWRE - Get Free Report) last issued its earnings results on Tuesday, June 3rd. The technology company reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.41. The firm had revenue of $293.51 million for the quarter, compared to the consensus estimate of $286.40 million. Guidewire Software had a return on equity of 6.96% and a net margin of 3.04%.The company's revenue was up 22.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.26 earnings per share. Guidewire Software has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, sell-side analysts forecast that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

Hedge Funds Weigh In On Guidewire Software

A number of hedge funds have recently made changes to their positions in GWRE. Linonia Partnership LP grew its stake in shares of Guidewire Software by 41.8% in the first quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company's stock valued at $636,333,000 after buying an additional 1,000,709 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Guidewire Software by 16.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 5,157,195 shares of the technology company's stock valued at $966,252,000 after purchasing an additional 720,322 shares during the period. Qube Research & Technologies Ltd grew its holdings in shares of Guidewire Software by 3,636.9% in the second quarter. Qube Research & Technologies Ltd now owns 731,467 shares of the technology company's stock valued at $172,224,000 after purchasing an additional 711,893 shares in the last quarter. Groupama Asset Managment lifted its holdings in Guidewire Software by 240.0% during the 2nd quarter. Groupama Asset Managment now owns 850,000 shares of the technology company's stock worth $200,132,000 after buying an additional 600,000 shares in the last quarter. Finally, Invesco Ltd. boosted its position in Guidewire Software by 70.4% in the 1st quarter. Invesco Ltd. now owns 1,427,104 shares of the technology company's stock valued at $267,382,000 after buying an additional 589,424 shares during the period.

Analysts Set New Price Targets

A number of research firms recently issued reports on GWRE. The Goldman Sachs Group lifted their price target on shares of Guidewire Software from $235.00 to $270.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Robert W. Baird upped their price target on shares of Guidewire Software from $265.00 to $270.00 and gave the stock an "outperform" rating in a research report on Monday, July 21st. Citigroup lifted their price objective on Guidewire Software from $199.00 to $247.00 and gave the stock a "neutral" rating in a report on Thursday, June 5th. Bank of America upped their target price on shares of Guidewire Software from $135.00 to $160.00 and gave the stock an "underperform" rating in a report on Wednesday, June 4th. Finally, Stifel Nicolaus upped their price target on Guidewire Software from $230.00 to $270.00 and gave the company a "buy" rating in a research report on Wednesday, June 4th. Ten analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $250.92.

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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