Guidewire Software (NYSE:GWRE) President Sells $3,854,104.03 in Stock

Key Points

• Guidewire Software President John Mullen sold 15,869 shares for over $3.85 million, reducing his stake by 9.08% to 158,958 shares worth approximately $38.6 million.
• Guidewire reported a 22.3% increase in revenue year-over-year, achieving $356.57 million for the quarter, with an EPS of $0.84 surpassing estimates.
• Market analysts have a consensus rating of "Moderate Buy" for Guidewire, with price targets significantly raised to as high as $300 from earlier estimates.

Guidewire Software, Inc. (NYSE:GWRE - Get Free Report) President John Mullen sold 15,869 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $242.87, for a total transaction of $3,854,104.03. Following the sale, the president directly owned 158,958 shares of the company's stock, valued at $38,606,129.46. This represents a 9.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Guidewire Software Stock Performance

GWRE stock traded up $0.66 during trading hours on Wednesday, hitting $247.06. 677,841 shares of the stock were exchanged, compared to its average volume of 830,280. 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, Inc. has a 12 month low of $165.08 and a 12 month high of $272.60. The firm has a market capitalization of $20.88 billion, a P/E ratio of 308.83 and a beta of 1.22. The company has a 50-day simple moving average of $225.02 and a two-hundred day simple moving average of $214.75.

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

Hedge Funds Weigh In On Guidewire Software

A number of hedge funds have recently added to or reduced their stakes in GWRE. Portside Wealth Group LLC raised its stake in shares of Guidewire Software by 148.1% in 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 in the last quarter. Empower Advisory Group LLC bought a new stake in Guidewire Software during the first quarter valued at about $692,000. Praxis Investment Management Inc. acquired a new position in Guidewire Software during the 1st quarter valued at $347,000. Principal Financial Group Inc. increased its position in shares of 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 purchasing an additional 187,205 shares during the period. 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

Several research firms recently commented on GWRE. JPMorgan Chase & Co. boosted their price objective on shares of Guidewire Software from $271.00 to $288.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 25th. Oppenheimer upped their target price on Guidewire Software from $275.00 to $300.00 and gave the company an "outperform" rating in a research note on Friday, September 5th. Needham & Company LLC reaffirmed a "hold" rating on shares of Guidewire Software in a research report on Wednesday, June 4th. Royal Bank Of Canada lifted their price target on Guidewire Software from $290.00 to $300.00 and gave the company an "outperform" rating in a research report on Friday, September 5th. Finally, Raymond James Financial reiterated an "outperform" rating and set a $275.00 price objective (up previously from $255.00) on shares of Guidewire Software in a research report on Friday, September 5th. Nine equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus 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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