Guidewire Software, Inc. $GWRE Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund lessened its position in Guidewire Software, Inc. (NYSE:GWRE) by 16.6% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 359,054 shares of the technology company’s stock after selling 71,592 shares during the quarter. New York State Common Retirement Fund’s holdings in Guidewire Software were worth $84,539,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Mutual of America Capital Management LLC grew its position in Guidewire Software by 1,852.4% in the 1st quarter. Mutual of America Capital Management LLC now owns 45,119 shares of the technology company’s stock valued at $8,453,000 after acquiring an additional 42,808 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of Guidewire Software by 20.7% in the first quarter. Cetera Investment Advisers now owns 25,706 shares of the technology company’s stock valued at $4,816,000 after purchasing an additional 4,414 shares during the period. Assetmark Inc. grew its holdings in shares of Guidewire Software by 1,419.4% in the first quarter. Assetmark Inc. now owns 2,735 shares of the technology company’s stock valued at $512,000 after purchasing an additional 2,555 shares in the last quarter. Meeder Advisory Services Inc. acquired a new position in shares of Guidewire Software in the first quarter valued at approximately $205,000. Finally, Arkadios Wealth Advisors increased its stake in Guidewire Software by 17.5% during the 1st quarter. Arkadios Wealth Advisors now owns 3,252 shares of the technology company’s stock worth $609,000 after buying an additional 485 shares during the period.

Guidewire Software Stock Up 1.1%

Shares of NYSE GWRE opened at $215.98 on Friday. The company has a market capitalization of $18.36 billion, a price-to-earnings ratio of 269.98, a price-to-earnings-growth ratio of 14.73 and a beta of 1.19. 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 business has a 50-day moving average of $230.72 and a two-hundred day moving average of $229.10. Guidewire Software, Inc. has a 1 year low of $165.08 and a 1 year high of $272.60.

Guidewire Software (NYSE:GWRE) last released its quarterly earnings data on Thursday, September 4th. The technology company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.22. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The business had revenue of $356.57 million for the quarter, compared to the consensus estimate of $337.82 million. During the same quarter in the prior year, the business posted $0.62 EPS. The business’s revenue for the quarter 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. On average, analysts forecast that Guidewire Software, Inc. will post 0.52 earnings per share for the current fiscal year.

Insider Transactions at Guidewire Software

In related news, CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction on Monday, November 17th. The shares were sold at an average price of $222.54, for a total transaction of $311,556.00. Following the sale, the chief executive officer directly owned 252,358 shares in the company, valued at $56,159,749.32. This trade represents a 0.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider James Winston King sold 798 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $222.54, for a total transaction of $177,586.92. Following the completion of the sale, the insider directly owned 37,019 shares of the company’s stock, valued at approximately $8,238,208.26. This trade represents a 2.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 112,342 shares of company stock worth $27,117,744. 0.46% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

GWRE has been the subject of several recent research reports. Citigroup decreased their price target on shares of Guidewire Software from $267.00 to $242.00 and set a “neutral” rating for the company in a research report on Wednesday. Wells Fargo & Company lifted their target price on Guidewire Software from $265.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, September 5th. Royal Bank Of Canada boosted their target price on Guidewire Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, September 5th. Raymond James Financial reaffirmed an “outperform” rating and issued a $275.00 price target (up previously from $255.00) on shares of Guidewire Software in a research report on Friday, September 5th. Finally, Oppenheimer lifted their price objective on Guidewire Software from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Guidewire Software presently has a consensus rating of “Moderate Buy” and an average price target of $272.00.

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.