Guidewire Software’s (GWRE) Buy Rating Reiterated at BTIG Research

BTIG Research reiterated their buy rating on shares of Guidewire Software (NYSE:GWRE) in a research note released on Wednesday morning,Benzinga reports. BTIG Research currently has a $250.00 price objective on the technology company’s stock.

Other equities research analysts also recently issued reports about the company. Weiss Ratings restated a “hold (c)” rating on shares of Guidewire Software in a report on Wednesday, October 8th. The Goldman Sachs Group lifted their price target on shares of Guidewire Software from $270.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $281.00 price target on shares of Guidewire Software in a report on Wednesday, December 10th. Robert W. Baird raised their price objective on shares of Guidewire Software from $270.00 to $288.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Finally, Oppenheimer boosted their target price on shares of Guidewire Software from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $271.29.

Guidewire Software Stock Performance

Shares of GWRE stock opened at $199.96 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 3.48 and a quick ratio of 3.48. The company’s fifty day moving average price is $221.60 and its two-hundred day moving average price is $228.06. The firm has a market capitalization of $17.00 billion, a P/E ratio of 190.44, a P/E/G ratio of 12.93 and a beta of 1.08. Guidewire Software has a 12 month low of $165.08 and a 12 month high of $272.60.

Guidewire Software (NYSE:GWRE) last announced its earnings results on Wednesday, December 3rd. The technology company reported $0.66 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.66. The business had revenue of $332.64 million for the quarter, compared to analyst estimates of $316.62 million. Guidewire Software had a return on equity of 10.15% and a net margin of 7.23%.The company’s revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.43 earnings per share. On average, research analysts anticipate that Guidewire Software will post 0.52 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider James Winston King sold 1,860 shares of the stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $195.00, for a total transaction of $362,700.00. Following the sale, the insider directly owned 33,702 shares in the company, valued at approximately $6,571,890. This represents a 5.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jeffrey Elliott Cooper sold 2,872 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $192.08, for a total value of $551,653.76. Following the completion of the sale, the chief financial officer directly owned 74,201 shares in the company, valued at approximately $14,252,528.08. This trade represents a 3.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 57,140 shares of company stock valued at $11,972,936 over the last three months. 0.46% of the stock is owned by company insiders.

Institutional Trading of Guidewire Software

Hedge funds have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. bought a new position in shares of Guidewire Software in the first quarter worth $25,000. Quarry LP bought a new position in Guidewire Software in the 1st quarter valued at about $28,000. Root Financial Partners LLC bought a new position in Guidewire Software in the 3rd quarter valued at about $29,000. Measured Wealth Private Client Group LLC acquired a new position in Guidewire Software during the 3rd quarter valued at about $29,000. Finally, Newbridge Financial Services Group Inc. bought a new stake in shares of Guidewire Software during the 2nd quarter worth about $30,000.

Trending Headlines about Guidewire Software

Here are the key news stories impacting Guidewire Software this week:

• Positive Sentiment: DA Davidson upgraded Guidewire, which typically supports buying interest and headline-driven flows into the name. Read More.
• Positive Sentiment: BTIG Research issued a bullish rating (reported as a “Buy”/”Strong?Buy” in coverage), adding to the recent cluster of upward analyst moves that can push momentum. Read More.
• Neutral Sentiment: Shareholders approved the company’s slate of directors, executive compensation and auditor at the annual meeting — removes a governance overhang but is unlikely to move fundamentals. Read More.
• Neutral Sentiment: Recent quarterly results showed revenue beat and EPS in line, supporting the bull case for recurring cloud revenue, but the market reaction is being driven more by analyst commentary than new fundamental surprises. Read More.
• Negative Sentiment: Clustered insider selling this week: CEO, President, CFO and CAO executed sales across Dec. 16–18 (notable transactions include the CEO and President selling multi?thousand share blocks). Large insider sales can signal liquidity-taking and add short-term downward pressure. Read More.
• Negative Sentiment: CFO Jeffrey Elliott Cooper sold 1,232 shares on Dec. 18 (and previously sold additional lots), underscoring management-level selling amid the recent run?up. Investors often view repeated exec sales as a mild red flag. Read More.

About Guidewire Software

Guidewire Software, Inc develops software products and cloud services for property and casualty (P&C) insurance carriers. Headquartered in San Mateo, California, the company’s offerings are designed to help insurers manage the core functions of their business—policy administration, billing and claims—while supporting digital engagement, analytics and operational modernization.

Guidewire’s core product portfolio is commonly known as the InsuranceSuite, which includes PolicyCenter for policy administration, BillingCenter for billing and receivables, and ClaimCenter for claims management.