Ritholtz Wealth Management Takes Position in Guidewire Software, Inc. $GWRE

Ritholtz Wealth Management bought a new stake in Guidewire Software, Inc. (NYSE:GWRE) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,381 shares of the technology company’s stock, valued at approximately $325,000.

A number of other hedge funds also recently modified their holdings of the business. SBI Securities Co. Ltd. raised its holdings in shares of Guidewire Software by 403.8% during the first quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company’s stock worth $25,000 after acquiring an additional 105 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in shares of Guidewire Software during the first quarter worth $25,000. Quarry LP purchased a new stake in shares of Guidewire Software during the first quarter worth $28,000. Rise Advisors LLC purchased a new stake in shares of Guidewire Software during the first quarter worth $31,000. Finally, Brooklyn Investment Group raised its holdings in shares of Guidewire Software by 38.3% during the first quarter. Brooklyn Investment Group now owns 224 shares of the technology company’s stock worth $42,000 after acquiring an additional 62 shares in the last quarter.

Insiders Place Their Bets

In other news, President John P. Mullen sold 15,869 shares of Guidewire Software stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $242.87, for a total value of $3,854,104.03. Following the transaction, the president directly owned 158,958 shares in the company, valued at approximately $38,606,129.46. The trade was a 9.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Jeffrey Elliott Cooper sold 14,103 shares of Guidewire Software stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $242.87, for a total value of $3,425,195.61. Following the completion of the transaction, the chief financial officer owned 84,646 shares in the company, valued at $20,557,974.02. The trade was a 14.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 111,545 shares of company stock valued at $26,766,382 in the last ninety days. Company insiders own 0.48% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on GWRE shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Guidewire Software in a report on Wednesday, October 8th. Raymond James Financial reiterated an “outperform” rating and set a $275.00 price objective (up from $255.00) on shares of Guidewire Software in a report on Friday, September 5th. Wall Street Zen lowered Guidewire Software from a “buy” rating to a “hold” rating in a report on Friday, September 5th. DA Davidson increased their price objective on Guidewire Software from $246.00 to $250.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Finally, JPMorgan Chase & Co. raised their target price on Guidewire Software from $271.00 to $288.00 and gave the company an “overweight” rating in a report on Wednesday, June 25th. Nine analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Guidewire Software presently has a consensus rating of “Moderate Buy” and an average target price of $274.08.

Guidewire Software Trading Up 3.8%

Guidewire Software stock opened at $253.67 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.77 and a current ratio of 2.77. The business’s 50-day simple moving average is $232.09 and its 200-day simple moving average is $223.17. The firm has a market capitalization of $21.44 billion, a PE ratio of 317.09, a PEG ratio of 15.03 and a beta of 1.21. Guidewire Software, Inc. has a 52 week low of $165.08 and a 52 week high of $272.60.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings data on Thursday, September 4th. The technology company reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.22. The business had revenue of $356.57 million for the quarter, compared to analyst estimates of $337.82 million. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The firm’s revenue for the quarter was up 22.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.62 earnings per share. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities research analysts forecast that Guidewire Software, Inc. will post 0.52 earnings per share for the current 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.