Truist Financial Corp Raises Holdings in Guidewire Software, Inc. $GWRE

Truist Financial Corp increased its position in Guidewire Software, Inc. (NYSE:GWRE) by 16.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 11,792 shares of the technology company’s stock after buying an additional 1,628 shares during the period. Truist Financial Corp’s holdings in Guidewire Software were worth $2,776,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. SBI Securities Co. Ltd. raised its position in shares of Guidewire Software by 403.8% in the 1st quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company’s stock worth $25,000 after buying an additional 105 shares during the period. Advisors Asset Management Inc. purchased a new position in shares of Guidewire Software in the 1st quarter worth $25,000. Quarry LP purchased a new position in shares of Guidewire Software in the 1st quarter worth $28,000. Rise Advisors LLC purchased a new position in shares of Guidewire Software in the 1st quarter worth $31,000. Finally, Dunhill Financial LLC purchased a new position in shares of Guidewire Software in the 1st quarter worth $33,000.

Insider Activity at Guidewire Software

In other 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 transaction of $1,782,048.84. Following the sale, the insider owned 38,615 shares of the company’s stock, valued at approximately $9,608,184.30. The trade was a 15.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Jeffrey Elliott Cooper sold 7,535 shares of the business’s 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 sale, the chief financial officer directly owned 77,111 shares in the company, valued at approximately $19,182,132.36. The trade was a 8.90% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 115,427 shares of company stock valued at $27,598,586. Company insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on GWRE shares. The Goldman Sachs Group increased their target price on Guidewire Software from $270.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, September 5th. DA Davidson raised their price objective on Guidewire Software from $246.00 to $250.00 and gave the company a “neutral” rating in a research report on Monday, September 8th. JPMorgan Chase & Co. raised their price objective on Guidewire Software from $271.00 to $288.00 and gave the company an “overweight” rating in a research report on Wednesday, June 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Guidewire Software in a research report on Wednesday. Finally, Robert W. Baird raised their price objective on Guidewire Software from $270.00 to $288.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Nine equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $274.08.

Guidewire Software Stock Up 2.5%

NYSE:GWRE opened at $236.46 on Friday. The company has a market capitalization of $19.99 billion, a price-to-earnings ratio of 295.58 and a beta of 1.21. Guidewire Software, Inc. has a one year low of $165.08 and a one year high of $272.60. The stock has a 50-day simple moving average of $228.76 and a 200 day simple moving average of $220.06. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.77 and a current ratio of 2.77.

Guidewire Software (NYSE:GWRE) last issued its earnings results 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. Guidewire Software had a net margin of 5.81% and a return on equity of 9.00%. The firm had revenue of $356.57 million for the quarter, compared to analysts’ expectations of $337.82 million. During the same quarter last year, the company posted $0.62 earnings per share. Guidewire Software’s revenue was up 22.3% on a year-over-year basis. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Sell-side analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

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.