Michael George Rosenbaum Sells 1,400 Shares of Guidewire Software (NYSE:GWRE) Stock

Guidewire Software, Inc. (NYSE:GWRE) CEO Michael George Rosenbaum sold 1,400 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $211.61, for a total transaction of $296,254.00. Following the completion of the transaction, the chief executive officer directly owned 226,068 shares in the company, valued at $47,838,249.48. The trade was a 0.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Michael George Rosenbaum also recently made the following trade(s):

• On Monday, August 11th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $212.44, for a total transaction of $297,416.00.
• On Monday, August 4th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $225.04, for a total transaction of $315,056.00.
• On Monday, July 28th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $223.75, for a total transaction of $313,250.00.
• On Monday, July 21st, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $222.31, for a total transaction of $311,234.00.
• On Monday, July 14th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $220.65, for a total transaction of $308,910.00.
• On Monday, July 7th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $230.70, for a total transaction of $322,980.00.
• On Monday, June 30th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $236.89, for a total transaction of $331,646.00.
• On Monday, June 23rd, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $238.12, for a total transaction of $333,368.00.
• On Monday, June 9th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $256.50, for a total transaction of $359,100.00.
• On Tuesday, May 27th, Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock. The shares were sold at an average price of $212.02, for a total transaction of $296,828.00.

Guidewire Software Trading Up 1.2%

GWRE stock opened at $216.2560 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 3.23 and a current ratio of 3.23. The company’s 50-day simple moving average is $227.19 and its 200 day simple moving average is $211.67. Guidewire Software, Inc. has a 52 week low of $142.94 and a 52 week high of $263.20. The company has a market capitalization of $18.21 billion, a PE ratio of 540.64, a price-to-earnings-growth ratio of 15.06 and a beta of 1.16.

Guidewire Software (NYSE:GWRE) last released its quarterly earnings results on Tuesday, June 3rd. The technology company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.47 by $0.41. Guidewire Software had a net margin of 3.04% and a return on equity of 6.96%. The business had revenue of $293.51 million for the quarter, compared to the consensus estimate of $286.40 million. During the same period in the prior year, the company posted $0.26 earnings per share. Guidewire Software’s revenue was up 22.0% compared to the same quarter last year. Guidewire Software has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, sell-side analysts anticipate that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

GWRE has been the topic of several research reports. Citigroup upped their price target on shares of Guidewire Software from $199.00 to $247.00 and gave the company a “neutral” rating in a research note on Thursday, June 5th. Stifel Nicolaus increased their price objective on shares of Guidewire Software from $230.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, June 4th. Royal Bank Of Canada reiterated an “outperform” rating and set a $290.00 price objective on shares of Guidewire Software in a research note on Monday, June 23rd. Oppenheimer increased their price objective on shares of Guidewire Software from $230.00 to $275.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 4th. Finally, Wells Fargo & Company increased their price objective on shares of Guidewire Software from $220.00 to $265.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 4th. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $250.92.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Guidewire Software by 2.4% in the second quarter. Vanguard Group Inc. now owns 8,922,651 shares of the technology company’s stock worth $2,100,838,000 after acquiring an additional 211,047 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in shares of Guidewire Software by 16.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 5,157,195 shares of the technology company’s stock worth $966,252,000 after acquiring an additional 720,322 shares during the last quarter. Linonia Partnership LP lifted its holdings in shares of Guidewire Software by 41.8% in the first quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company’s stock worth $636,333,000 after acquiring an additional 1,000,709 shares during the last quarter. Stockbridge Partners LLC lifted its holdings in shares of Guidewire Software by 8.3% in the fourth quarter. Stockbridge Partners LLC now owns 2,678,857 shares of the technology company’s stock worth $451,602,000 after acquiring an additional 205,382 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of Guidewire Software by 1.5% in the first quarter. Wellington Management Group LLP now owns 1,672,767 shares of the technology company’s stock worth $313,410,000 after acquiring an additional 24,991 shares during the last quarter.

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.