Guidewire Software (NYSE:GWRE) CEO Sells $170,292.00 in Stock

Key Points

• CEO sold shares: Guidewire CEO Michael George Rosenbaum sold 1,200 shares on May 4 at an average price of $141.91 for $170,292 under a pre‑arranged Rule 10b5‑1 plan, reducing his stake by 0.56% to 212,806 shares.
• Repeated insider selling: The May 4 sale is part of a series of systematic sales this year (multiple 1,200‑share transactions and a 4,737‑share sale in March), suggesting ongoing disposition under trading plans rather than one‑off trades.
• Company fundamentals and buyback: Guidewire beat March quarter expectations (EPS $1.17 vs. $0.77) with revenue up 24% YoY, its board authorized a $500 million share buyback, and the stock trades around $139.71 with a market cap near $11.8 billion.

Guidewire Software, Inc. (NYSE:GWRE - Get Free Report) CEO Michael George Rosenbaum sold 1,200 shares of the firm's stock in a transaction on Monday, May 4th. The shares were sold at an average price of $141.91, for a total value of $170,292.00. Following the transaction, the chief executive officer owned 212,806 shares of the company's stock, valued at $30,199,299.46. The trade was a 0.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, April 27th, Michael George Rosenbaum sold 1,200 shares of Guidewire Software stock. The shares were sold at an average price of $138.09, for a total value of $165,708.00.
• On Monday, April 20th, Michael George Rosenbaum sold 1,200 shares of Guidewire Software stock. The shares were sold at an average price of $139.75, for a total value of $167,700.00.
• On Monday, April 13th, Michael George Rosenbaum sold 1,200 shares of Guidewire Software stock. The shares were sold at an average price of $118.77, for a total value of $142,524.00.
• On Monday, April 6th, Michael George Rosenbaum sold 1,200 shares of Guidewire Software stock. The shares were sold at an average price of $151.14, for a total transaction of $181,368.00.
• On Monday, March 23rd, Michael George Rosenbaum sold 1,200 shares of Guidewire Software stock. The shares were sold at an average price of $155.56, for a total transaction of $186,672.00.
• On Tuesday, March 17th, Michael George Rosenbaum sold 4,737 shares of Guidewire Software stock. The stock was sold at an average price of $163.86, for a total value of $776,204.82.
• On Monday, March 16th, Michael George Rosenbaum sold 1,200 shares of Guidewire Software stock. The stock was sold at an average price of $160.00, for a total value of $192,000.00.
• On Monday, March 9th, Michael George Rosenbaum sold 1,200 shares of Guidewire Software stock. The stock was sold at an average price of $166.34, for a total value of $199,608.00.
• On Monday, February 23rd, Michael George Rosenbaum sold 1,200 shares of Guidewire Software stock. The stock was sold at an average price of $125.50, for a total value of $150,600.00.
• On Tuesday, February 17th, Michael George Rosenbaum sold 1,200 shares of Guidewire Software stock. The stock was sold at an average price of $127.00, for a total value of $152,400.00.

Guidewire Software Stock Performance

Shares of GWRE stock traded down $3.86 during trading hours on Tuesday, reaching $139.71. 258,868 shares of the company traded hands, compared to its average volume of 1,584,291. Guidewire Software, Inc. has a 12-month low of $115.57 and a 12-month high of $272.60. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.93 and a quick ratio of 2.93. The company has a market cap of $11.83 billion, a P/E ratio of 63.55 and a beta of 0.91. The firm has a 50-day moving average price of $145.43 and a 200 day moving average price of $176.37.

Guidewire Software (NYSE:GWRE - Get Free Report) last posted its quarterly earnings data on Thursday, March 5th. The technology company reported $1.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.77 by $0.40. Guidewire Software had a return on equity of 13.44% and a net margin of 14.11%.The firm had revenue of $359.10 million for the quarter, compared to analysts' expectations of $342.88 million. During the same period in the previous year, the firm earned $0.51 EPS. The business's quarterly revenue was up 24.0% on a year-over-year basis. As a group, sell-side analysts predict that Guidewire Software, Inc. will post 1.84 earnings per share for the current fiscal year.

Guidewire Software declared that its board has authorized a share buyback plan on Thursday, January 8th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the technology company to purchase up to 3.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Stifel Nicolaus lowered their price target on Guidewire Software from $300.00 to $250.00 and set a "buy" rating on the stock in a report on Friday, March 6th. Zacks Research raised Guidewire Software from a "hold" rating to a "strong-buy" rating in a report on Friday, March 13th. Royal Bank Of Canada lowered their price target on Guidewire Software from $300.00 to $250.00 and set an "outperform" rating on the stock in a report on Friday, March 6th. Oppenheimer lowered their price target on Guidewire Software from $300.00 to $250.00 and set an "outperform" rating on the stock in a report on Tuesday, February 24th. Finally, DA Davidson reissued a "buy" rating and issued a $246.00 price target on shares of Guidewire Software in a report on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Guidewire Software presently has an average rating of "Moderate Buy" and a consensus target price of $249.85.

Institutional Trading of Guidewire Software

Several hedge funds have recently modified their holdings of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in shares of Guidewire Software during the 1st quarter worth approximately $553,000. Archer Investment Corp purchased a new stake in shares of Guidewire Software during the 1st quarter worth approximately $239,000. State of Michigan Retirement System raised its position in Guidewire Software by 2.0% during the first quarter. State of Michigan Retirement System now owns 20,500 shares of the technology company's stock valued at $3,066,000 after purchasing an additional 400 shares during the period. Principal Financial Group Inc. raised its position in Guidewire Software by 547.3% during the first quarter. Principal Financial Group Inc. now owns 1,180,334 shares of the technology company's stock valued at $176,537,000 after purchasing an additional 997,992 shares during the period. Finally, Chicago Partners Investment Group LLC lifted its stake in shares of Guidewire Software by 89.3% in the 1st quarter. Chicago Partners Investment Group LLC now owns 3,013 shares of the technology company's stock valued at $431,000 after purchasing an additional 1,421 shares during the last quarter.

About Guidewire Software

Guidewire Software, Inc develops software products and cloud services for property and casualty (P&C) insurance carriers. Headquartered in San Mateo, California, the company's offerings are designed to help insurers manage the core functions of their business—policy administration, billing and claims—while supporting digital engagement, analytics and operational modernization.

Guidewire's core product portfolio is commonly known as the InsuranceSuite, which includes PolicyCenter for policy administration, BillingCenter for billing and receivables, and ClaimCenter for claims management.

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