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

Key Points

• Guidewire Software CEO Michael George Rosenbaum sold 1,400 shares at an average price of $261.28, totaling approximately $365,792, reducing his ownership by 0.63% to 221,868 shares.
• On September 2nd, Rosenbaum had also sold another 1,400 shares at an average price of $214.30, indicating a series of stock sales throughout August and September.
• Guidewire Software's stock experienced a 2.2% decline during midday trading, closing at $256.00, with analysts projecting a growth outlook and target prices ranging from $275.00 to $300.00.

Guidewire Software, Inc. (NYSE:GWRE - Get Free Report) CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction on Monday, September 8th. The shares were sold at an average price of $261.28, for a total value of $365,792.00. Following the completion of the sale, the chief executive officer directly owned 221,868 shares of the company's stock, valued at approximately $57,969,671.04. This represents a 0.63% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Tuesday, September 2nd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $214.30, for a total value of $300,020.00.
• On Monday, August 25th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $214.70, for a total value of $300,580.00.
• 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 value 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 shares were sold at an average price of $223.75, for a total value 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 value 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 shares were sold at an average price of $236.89, for a total value of $331,646.00.

Guidewire Software Trading Down 2.2%

Guidewire Software stock traded down $5.88 during midday trading on Tuesday, reaching $256.00. The stock had a trading volume of 821,594 shares, compared to its average volume of 965,172. Guidewire Software, Inc. has a twelve month low of $165.08 and a twelve month high of $272.60. The stock has a market capitalization of $21.55 billion, a PE ratio of 320.00, a price-to-earnings-growth ratio of 18.38 and a beta of 1.22. The company has a debt-to-equity ratio of 0.46, a quick ratio of 3.23 and a current ratio of 2.77. The stock's 50-day simple moving average is $222.10 and its 200 day simple moving average is $212.45.

Guidewire Software (NYSE:GWRE - Get Free Report) last issued 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 analysts' expectations 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 quarter in the previous year, the firm posted $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.

Institutional Trading of Guidewire Software

Institutional investors and hedge funds have recently bought and sold shares of the company. Portside Wealth Group LLC raised its stake in Guidewire Software by 148.1% during 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 during the first quarter valued at approximately $692,000. Praxis Investment Management Inc. acquired a new stake in Guidewire Software during the first quarter valued at approximately $347,000. Principal Financial Group Inc. raised its stake in Guidewire Software by 3,320.4% during 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 during the first quarter valued at approximately $211,000.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Oppenheimer boosted their price objective on Guidewire Software from $275.00 to $300.00 and gave the stock an "outperform" rating in a research note on Friday. Needham & Company LLC restated a "hold" rating on shares of Guidewire Software in a research note on Wednesday, June 4th. Raymond James Financial reiterated an "outperform" rating and issued a $275.00 price target (up previously from $255.00) on shares of Guidewire Software in a research note on Friday. Bank of America boosted their price target on Guidewire Software from $135.00 to $160.00 and gave the stock an "underperform" rating in a research note on Wednesday, June 4th. Finally, Stifel Nicolaus boosted their price target on Guidewire Software from $270.00 to $300.00 and gave the stock a "buy" rating in a research note on Friday. Nine investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $274.08.

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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