Elevation Point Wealth Partners LLC Has $435,000 Holdings in Guidewire Software, Inc. $GWRE

Elevation Point Wealth Partners LLC cut its holdings in shares of Guidewire Software, Inc. (NYSE:GWRE) by 40.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,847 shares of the technology company’s stock after selling 1,244 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Guidewire Software were worth $435,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Empower Advisory Group LLC bought a new position in Guidewire Software in the first quarter valued at approximately $692,000. Linonia Partnership LP boosted its position in shares of Guidewire Software by 41.8% in the 1st quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company’s stock worth $636,333,000 after purchasing an additional 1,000,709 shares during the last quarter. Mutual of America Capital Management LLC grew its stake in shares of Guidewire Software by 1,852.4% during the first quarter. Mutual of America Capital Management LLC now owns 45,119 shares of the technology company’s stock worth $8,453,000 after purchasing an additional 42,808 shares during the period. Lecap Asset Management Ltd. bought a new stake in Guidewire Software in the second quarter valued at about $1,100,000. Finally, Panagora Asset Management Inc. lifted its stake in Guidewire Software by 47.9% in the first quarter. Panagora Asset Management Inc. now owns 112,931 shares of the technology company’s stock valued at $21,159,000 after buying an additional 36,568 shares during the period.

Insider Activity at Guidewire Software

In other news, insider James Winston King sold 7,162 shares of the business’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $248.82, for a total value of $1,782,048.84. Following the sale, the insider owned 38,615 shares of the company’s stock, valued at $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 the SEC website. Also, CEO Michael George Rosenbaum sold 30,317 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $242.87, for a total transaction of $7,363,089.79. Following the transaction, the chief executive officer owned 264,958 shares of the company’s stock, valued at $64,350,349.46. The trade was a 10.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 112,342 shares of company stock worth $27,117,744. 0.46% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

GWRE has been the subject of several analyst reports. Zacks Research upgraded Guidewire Software from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Raymond James Financial restated an “outperform” rating and set a $275.00 price objective (up previously from $255.00) on shares of Guidewire Software in a report on Friday, September 5th. Stifel Nicolaus upped their target price on shares of Guidewire Software from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Oppenheimer increased their target price on shares of Guidewire Software from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Finally, Royal Bank Of Canada boosted their price target on shares of Guidewire Software from $290.00 to $300.00 and gave the company an “outperform” rating in a report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $272.00.

Guidewire Software Price Performance

GWRE stock opened at $215.98 on Friday. The stock has a 50-day moving average price of $230.72 and a two-hundred day moving average price of $229.10. Guidewire Software, Inc. has a 1 year low of $165.08 and a 1 year high of $272.60. The stock has a market cap of $18.36 billion, a PE ratio of 269.98, a price-to-earnings-growth ratio of 14.73 and a beta of 1.19. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 0.46.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings data 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. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The company had revenue of $356.57 million during the quarter, compared to analysts’ expectations of $337.82 million. During the same period in the prior year, the firm earned $0.62 earnings per share. Guidewire Software’s revenue for the quarter was up 22.3% compared to the same quarter last year. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities analysts forecast that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

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.