Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Guidewire Software, Inc. (NYSE:GWRE – Free Report) by 8.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,552 shares of the technology company’s stock after buying an additional 1,588 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Guidewire Software were worth $5,074,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in GWRE. Advisors Asset Management Inc. acquired a new stake in Guidewire Software in the first quarter valued at $25,000. Quarry LP bought a new stake in shares of Guidewire Software in the 1st quarter worth about $28,000. Rise Advisors LLC bought a new stake in shares of Guidewire Software in the 1st quarter worth about $31,000. Westside Investment Management Inc. acquired a new stake in shares of Guidewire Software in the 2nd quarter valued at about $32,000. Finally, Brooklyn Investment Group lifted its position in shares of Guidewire Software by 38.3% during the first quarter. Brooklyn Investment Group now owns 224 shares of the technology company’s stock worth $42,000 after purchasing an additional 62 shares during the last quarter.
Insider Activity at Guidewire Software
In other Guidewire Software news, President John P. Mullen sold 3,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $231.85, for a total transaction of $695,550.00. Following the completion of the transaction, the president directly owned 152,958 shares of the company’s stock, valued at $35,463,312.30. The trade was a 1.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Michael George Rosenbaum sold 1,400 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $222.54, for a total transaction of $311,556.00. Following the completion of the transaction, the chief executive officer owned 252,358 shares of the company’s stock, valued at approximately $56,159,749.32. This trade represents a 0.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 113,742 shares of company stock worth $27,418,324 in the last ninety days. 0.46% of the stock is owned by insiders.
Guidewire Software Trading Down 1.2%
Guidewire Software (NYSE:GWRE – Get Free Report) last issued its earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.22. The firm had revenue of $356.57 million for the quarter, compared to analyst estimates 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 for the quarter was up 22.3% on a year-over-year basis. 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. Equities research analysts expect that Guidewire Software, Inc. will post 0.52 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research firms recently commented on GWRE. Weiss Ratings reiterated a “hold (c)” rating on shares of Guidewire Software in a research note on Wednesday, October 8th. DA Davidson lifted their target price on Guidewire Software from $246.00 to $250.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Oppenheimer upped their price target on Guidewire Software from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Robert W. Baird raised their price objective on Guidewire Software from $270.00 to $288.00 and gave the stock an “outperform” rating in a research note on Friday, September 5th. Finally, Royal Bank Of Canada lifted their price objective on shares of Guidewire Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Guidewire Software has a consensus rating of “Moderate Buy” and an average price target of $274.08.
Read Our Latest Stock Analysis on GWRE
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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