Guidewire Software (NYSE:GWRE) President John Mullen Sells 3,000 Shares

Key Points

• John Mullen, President of Guidewire Software, sold 3,000 shares at an average price of $230.73, totaling approximately $692,190, reducing his ownership by 1.89% to 155,958 shares valued at around $35.98 million.
• Guidewire's stock closed at $230.04, with a 1-year range between $165.08 and $272.60, while the company's quarterly earnings exceeded expectations with a reported 22.3% year-over-year revenue growth.
• Analysts have positive outlooks for Guidewire, with recent price targets ranging from $275.00 to $300.00, reflecting general confidence in the company's future performance.

Guidewire Software, Inc. (NYSE:GWRE - Get Free Report) President John Mullen sold 3,000 shares of the firm's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $230.73, for a total transaction of $692,190.00. Following the sale, the president owned 155,958 shares in the company, valued at approximately $35,984,189.34. This represents a 1.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Guidewire Software Stock Performance

GWRE stock traded up $0.18 during midday trading on Wednesday, hitting $230.04. 939,544 shares of the stock traded hands, compared to its average volume of 945,640. The firm has a market cap of $19.45 billion, a P/E ratio of 287.55 and a beta of 1.22. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.77 and a quick ratio of 2.77. The stock's fifty day simple moving average is $227.90 and its 200-day simple moving average is $218.43. Guidewire Software, Inc. has a 1-year low of $165.08 and a 1-year high of $272.60.

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

Analysts Set New Price Targets

GWRE has been the topic of several recent analyst reports. Oppenheimer increased their price objective on shares of Guidewire Software from $275.00 to $300.00 and gave the company an "outperform" rating in a report on Friday, September 5th. Robert W. Baird raised their price target on shares of Guidewire Software from $270.00 to $288.00 and gave the stock an "outperform" rating in a research note on Friday, September 5th. Bank of America raised their price target on shares of Guidewire Software from $135.00 to $160.00 and gave the stock an "underperform" rating in a research note on Wednesday, June 4th. Wells Fargo & Company raised their price target on shares of Guidewire Software from $265.00 to $275.00 and gave the stock an "overweight" rating in a research note on Friday, September 5th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Guidewire Software in a research note on Wednesday, June 4th. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $274.08.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GWRE. Portside Wealth Group LLC lifted its position in shares of Guidewire Software by 148.1% during the 1st quarter. Portside Wealth Group LLC now owns 2,724 shares of the technology company's stock worth $510,000 after buying an additional 1,626 shares during the last quarter. Empower Advisory Group LLC purchased a new stake in shares of Guidewire Software during the 1st quarter worth approximately $692,000. Praxis Investment Management Inc. purchased a new stake in shares of Guidewire Software during the 1st quarter worth approximately $347,000. Principal Financial Group Inc. lifted its position in shares of Guidewire Software by 3,320.4% during the 1st quarter. Principal Financial Group Inc. now owns 192,843 shares of the technology company's stock worth $36,131,000 after buying an additional 187,205 shares during the last quarter. Finally, OMNI 360 Wealth Inc. purchased a new stake in shares of Guidewire Software during the 1st quarter worth approximately $211,000.

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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