Rep. Robert Bresnahan, Jr. Sells Guidewire Software, Inc. (NYSE:GWRE) Stock

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Guidewire Software, Inc. NYSE: GWRE. In a filing disclosed on June 23rd, the Representative disclosed that they had sold between $1,001 and $15,000 in Guidewire Software stock on May 23rd. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT #2" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Zoom Communications NASDAQ: ZM on 6/25/2025.
• Purchased $1,001 - $15,000 in shares of Coinbase Global NASDAQ: COIN on 6/24/2025.
• Purchased $1,001 - $15,000 in shares of Circle Internet Group NYSE: CRCL on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/23/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 6/13/2025.
• Sold $1,001 - $15,000 in shares of Atlassian NASDAQ: TEAM on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of ServiceTitan NASDAQ: TTAN on 6/11/2025.
• Sold $1,001 - $15,000 in shares of Datadog NASDAQ: DDOG on 6/11/2025.
• Sold $1,001 - $15,000 in shares of GitLab NASDAQ: GTLB on 6/11/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/11/2025.

Guidewire Software Price Performance

Shares of NYSE GWRE traded up $0.55 during midday trading on Friday, reaching $224.31. The company's stock had a trading volume of 178,036 shares, compared to its average volume of 1,009,685. The company has a current ratio of 3.23, a quick ratio of 3.23 and a debt-to-equity ratio of 0.49. The company has a 50 day moving average price of $230.00 and a 200 day moving average price of $207.59. Guidewire Software, Inc. has a one year low of $132.01 and a one year high of $263.20. The company has a market cap of $18.88 billion, a price-to-earnings ratio of 560.73, a price-to-earnings-growth ratio of 19.84 and a beta of 1.16.

Guidewire Software (NYSE:GWRE - Get Free Report) last issued its earnings results on Tuesday, June 3rd. The technology company reported $0.88 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.41. Guidewire Software had a net margin of 3.04% and a return on equity of 6.96%. The company had revenue of $293.51 million during the quarter, compared to analyst estimates of $286.40 million. During the same quarter last year, the business posted $0.26 EPS. The company's revenue for the quarter was up 22.0% on a year-over-year basis. On average, equities research analysts expect that Guidewire Software, Inc. will post 0.52 EPS for the current year.

Institutional Trading of Guidewire Software

Several hedge funds have recently bought and sold shares of the business. CWM LLC grew its position in Guidewire Software by 16.0% in the 2nd quarter. CWM LLC now owns 22,102 shares of the technology company's stock valued at $5,204,000 after purchasing an additional 3,042 shares during the period. Vanguard Personalized Indexing Management LLC lifted its position in shares of Guidewire Software by 18.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 14,292 shares of the technology company's stock valued at $3,365,000 after buying an additional 2,203 shares during the last quarter. Oak Ridge Investments LLC purchased a new position in shares of Guidewire Software in the second quarter valued at $207,000. PDS Planning Inc purchased a new position in shares of Guidewire Software in the second quarter valued at $202,000. Finally, Callan Family Office LLC purchased a new position in shares of Guidewire Software in the second quarter valued at $463,000.

Insider Activity

In other news, President John P. Mullen sold 3,000 shares of Guidewire Software stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $235.05, for a total transaction of $705,150.00. Following the completion of the sale, the president owned 146,489 shares in the company, valued at approximately $34,432,239.45. This trade represents a 2.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider James Winston King sold 2,482 shares of Guidewire Software stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $220.65, for a total value of $547,653.30. Following the completion of the transaction, the insider directly owned 37,441 shares in the company, valued at $8,261,356.65. This trade represents a 6.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,342 shares of company stock worth $4,843,857. 0.48% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GWRE. Citigroup increased their price target on shares of Guidewire Software from $199.00 to $247.00 and gave the company a "neutral" rating in a research report on Thursday, June 5th. JMP Securities lifted their price objective on shares of Guidewire Software from $250.00 to $281.00 and gave the company a "market outperform" rating in a report on Wednesday, June 4th. Oppenheimer lifted their price objective on shares of Guidewire Software from $230.00 to $275.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Royal Bank Of Canada reissued an "outperform" rating and issued a $290.00 price objective on shares of Guidewire Software in a report on Monday, June 23rd. Finally, JPMorgan Chase & Co. increased their price objective on Guidewire Software from $271.00 to $288.00 and gave the company an "overweight" rating in a report on Wednesday, June 25th. One analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $250.92.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

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.