Guidewire Software (NYSE:GWRE) Insider Sells $169,076.39 in Stock

Guidewire Software, Inc. (NYSE:GWRE) insider James Winston King sold 799 shares of Guidewire Software stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $211.61, for a total value of $169,076.39. Following the transaction, the insider owned 36,642 shares of the company’s stock, valued at $7,753,813.62. This represents a 2.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

James Winston King also recently made the following trade(s):

• On Monday, July 14th, James Winston King sold 2,482 shares of Guidewire Software stock. The stock was sold at an average price of $220.65, for a total value of $547,653.30.

Guidewire Software Trading Up 1.2%

Shares of Guidewire Software stock opened at $216.2560 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.23 and a quick ratio of 3.23. Guidewire Software, Inc. has a 1 year low of $142.94 and a 1 year high of $263.20. The company has a market capitalization of $18.21 billion, a P/E ratio of 540.64, a P/E/G ratio of 15.06 and a beta of 1.16. The business has a 50 day moving average price of $227.19 and a 200 day moving average price of $211.67.

Guidewire Software (NYSE:GWRE) last issued its quarterly earnings data on Tuesday, June 3rd. The technology company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.41. Guidewire Software had a return on equity of 6.96% and a net margin of 3.04%.The firm had revenue of $293.51 million during the quarter, compared to the consensus estimate of $286.40 million. During the same period in the previous year, the firm posted $0.26 EPS. The company’s quarterly revenue was up 22.0% compared to the same quarter last year. Guidewire Software has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts anticipate that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

Institutional Trading of Guidewire Software

Institutional investors have recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. purchased a new stake in Guidewire Software during the 2nd quarter worth $30,000. SBI Securities Co. Ltd. boosted its position in Guidewire Software by 403.8% during the 1st quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company’s stock worth $25,000 after purchasing an additional 105 shares during the period. Advisors Asset Management Inc. purchased a new stake in Guidewire Software during the 1st quarter worth $25,000. Westside Investment Management Inc. purchased a new stake in Guidewire Software during the 2nd quarter worth $32,000. Finally, Quarry LP purchased a new stake in Guidewire Software during the 1st quarter worth $28,000.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a $290.00 price target on shares of Guidewire Software in a report on Monday, June 23rd. JMP Securities boosted their price target on Guidewire Software from $250.00 to $281.00 and gave the company a “market outperform” rating in a report on Wednesday, June 4th. Bank of America boosted their price target on Guidewire Software from $135.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, June 4th. Wall Street Zen upgraded Guidewire Software from a “hold” rating to a “buy” rating in a report on Friday, June 6th. Finally, Stifel Nicolaus boosted their price target on Guidewire Software from $230.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, June 4th. Ten research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $250.92.

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.