Venturi Wealth Management LLC acquired a new stake in Guidewire Software, Inc. (NYSE:GWRE – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,312 shares of the technology company’s stock, valued at approximately $309,000.
Other large investors have also bought and sold shares of the company. Empower Advisory Group LLC acquired a new stake in Guidewire Software in the first quarter valued at about $692,000. Praxis Investment Management Inc. acquired a new stake in shares of Guidewire Software during the first quarter valued at about $347,000. Principal Financial Group Inc. boosted its stake 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 in the last quarter. OMNI 360 Wealth Inc. acquired a new stake in shares of Guidewire Software during the first quarter valued at about $211,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Guidewire Software during the first quarter valued at about $217,000.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on the company. Wall Street Zen lowered Guidewire Software from a “buy” rating to a “hold” rating in a research note on Friday, September 5th. 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 note on Friday, September 5th. JPMorgan Chase & Co. lifted their price target on Guidewire Software from $271.00 to $288.00 and gave the company an “overweight” rating in a research note on Wednesday, June 25th. Wells Fargo & Company lifted their price target on Guidewire Software from $265.00 to $275.00 and gave the company an “overweight” rating in a research note on Friday, September 5th. Finally, Robert W. Baird lifted their price target on Guidewire Software from $270.00 to $288.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. Nine equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $274.08.
Guidewire Software Price Performance
Shares of GWRE opened at $239.57 on Friday. Guidewire Software, Inc. has a 1 year low of $165.08 and a 1 year high of $272.60. 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 company has a market capitalization of $20.25 billion, a price-to-earnings ratio of 299.46 and a beta of 1.21. The business has a 50-day moving average of $229.09 and a 200-day moving average of $220.35.
Guidewire Software (NYSE:GWRE – Get Free Report) last issued its quarterly earnings data on Thursday, September 4th. The technology company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.22. The company had revenue of $356.57 million during the quarter, compared to the consensus estimate of $337.82 million. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The firm’s revenue was up 22.3% compared to the same quarter last year. During the same period last year, the company earned $0.62 earnings per share. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, equities research analysts anticipate that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.
Insiders Place Their Bets
In other Guidewire Software news, insider James Winston King sold 7,162 shares of Guidewire Software stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $248.82, for a total value of $1,782,048.84. Following the completion of the sale, the insider directly owned 38,615 shares in the company, valued at approximately $9,608,184.30. The trade was a 15.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Jeffrey Elliott Cooper sold 7,535 shares of Guidewire Software stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $248.76, for a total value of $1,874,406.60. Following the completion of the sale, the chief financial officer owned 77,111 shares of the company’s stock, valued at approximately $19,182,132.36. The trade was a 8.90% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 115,427 shares of company stock valued at $27,598,586 in the last 90 days. Company insiders own 0.48% of the company’s stock.
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.
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