3,341 Guidewire Software, Inc. $GWRE Shares Sold by One Way Holdings LLC

One Way Holdings LLC lessened its position in Guidewire Software, Inc. (NYSE:GWRE) by 49.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,466 shares of the technology company’s stock after selling 3,341 shares during the period. One Way Holdings LLC’s holdings in Guidewire Software were worth $494,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of GWRE. CX Institutional grew its holdings in shares of Guidewire Software by 8.6% in the 3rd quarter. CX Institutional now owns 863 shares of the technology company’s stock valued at $123,000 after buying an additional 68 shares during the period. Angeles Wealth Management LLC raised its stake in Guidewire Software by 2.5% during the 3rd quarter. Angeles Wealth Management LLC now owns 2,831 shares of the technology company’s stock worth $404,000 after buying an additional 70 shares during the period. Signaturefd LLC raised its stake in Guidewire Software by 1.4% during the 3rd quarter. Signaturefd LLC now owns 5,324 shares of the technology company’s stock worth $759,000 after buying an additional 72 shares during the period. Castleark Management LLC lifted its holdings in Guidewire Software by 1.6% during the first quarter. Castleark Management LLC now owns 5,180 shares of the technology company’s stock worth $775,000 after acquiring an additional 80 shares in the last quarter. Finally, Elevation Wealth Partners LLC lifted its holdings in Guidewire Software by 35.1% during the second quarter. Elevation Wealth Partners LLC now owns 458 shares of the technology company’s stock worth $56,000 after acquiring an additional 119 shares in the last quarter.

Analyst Ratings Changes

GWRE has been the subject of a number of research analyst reports. Citigroup boosted their target price on Guidewire Software from $137.00 to $181.00 and gave the company a “neutral” rating in a research note on Friday, September 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Guidewire Software in a research report on Monday, August 31st. JPMorgan Chase & Co. dropped their price target on Guidewire Software from $300.00 to $258.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 14th. Piper Sandler reiterated an “overweight” rating and set a $210.00 price objective on shares of Guidewire Software in a report on Friday, September 4th. Finally, Guggenheim lifted their price objective on Guidewire Software from $180.00 to $210.00 and gave the company a “buy” rating in a report on Thursday, August 27th. Twelve equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $216.23.

Guidewire Software Stock Down 0.2%

Shares of GWRE stock opened at $162.25 on Tuesday. The firm has a fifty day moving average of $166.47 and a 200-day moving average of $149.26. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 0.57. Guidewire Software, Inc. has a 12-month low of $102.30 and a 12-month high of $231.85. The company has a market capitalization of $13.51 billion, a price-to-earnings ratio of 99.54 and a beta of 1.02.

Guidewire Software (NYSE:GWRE) last issued its quarterly earnings data on Thursday, September 3rd. The technology company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.06. The business had revenue of $411.09 million for the quarter, compared to analyst estimates of $402.61 million. Guidewire Software had a net margin of 9.44% and a return on equity of 12.66%. The firm’s quarterly revenue was up 15.3% on a year-over-year basis. During the same period last year, the business posted $0.84 earnings per share. As a group, equities research analysts predict that Guidewire Software, Inc. will post 2.45 earnings per share for the current fiscal year.

Insider Buying and Selling at Guidewire Software

In other news, insider James King sold 9,187 shares of the business’s stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $168.00, for a total value of $1,543,416.00. Following the sale, the insider directly owned 35,371 shares in the company, valued at $5,942,328. The trade was a 20.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Rosenbaum sold 1,200 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $160.16, for a total value of $192,192.00. Following the completion of the sale, the chief executive officer owned 272,466 shares in the company, valued at approximately $43,638,154.56. This trade represents a 0.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 209,135 shares of company stock valued at $31,776,209 in the last 90 days. 0.50% of the stock is currently owned by company insiders.

Guidewire Software Profile

Guidewire Software, Inc provides cloud-based software designed for the property and casualty insurance industry. Its platform helps insurers manage core operations, including policy administration, billing, claims management, underwriting, and digital customer engagement.

The company’s principal offerings include InsuranceSuite, which incorporates PolicyCenter, BillingCenter, and ClaimCenter, as well as products for insurance data management, analytics, digital experiences, and application development.