Argonautica Private Wealth Management Inc. cut its position in shares of Guidewire Software, Inc. (NYSE:GWRE – Free Report) by 2.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 3,826 shares of the technology company’s stock after selling 86 shares during the period. Argonautica Private Wealth Management Inc.’s holdings in Guidewire Software were worth $901,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in GWRE. GAMMA Investing LLC boosted its position in shares of Guidewire Software by 46.5% during the first quarter. GAMMA Investing LLC now owns 1,390 shares of the technology company’s stock valued at $260,000 after purchasing an additional 441 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Guidewire Software during the first quarter valued at approximately $1,833,000. Cambridge Investment Research Advisors Inc. boosted its position in shares of Guidewire Software by 11.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 1,562 shares of the technology company’s stock valued at $293,000 after purchasing an additional 158 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of Guidewire Software during the first quarter valued at approximately $201,000. Finally, WoodTrust Financial Corp boosted its position in shares of Guidewire Software by 87.7% during the first quarter. WoodTrust Financial Corp now owns 6,100 shares of the technology company’s stock valued at $1,143,000 after purchasing an additional 2,850 shares in the last quarter.
Insider Transactions at Guidewire Software
In other news, CEO Michael George Rosenbaum sold 30,317 shares of the business’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $242.87, for a total value of $7,363,089.79. Following the completion of the transaction, the chief executive officer owned 264,958 shares in the company, valued at $64,350,349.46. The trade was a 10.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider James Winston King sold 7,162 shares of the business’s stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $248.82, for a total value of $1,782,048.84. Following the completion of the transaction, the insider owned 38,615 shares of the company’s stock, valued at $9,608,184.30. This represents a 15.65% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 113,743 shares of company stock valued at $27,306,431. Insiders own 0.48% of the company’s stock.
Guidewire Software Trading Down 0.0%
Guidewire Software (NYSE:GWRE – Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $356.57 million during the quarter, compared to analysts’ expectations of $337.82 million. During the same quarter in the previous year, the business earned $0.62 earnings per share. The company’s revenue 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. As a group, equities analysts predict that Guidewire Software, Inc. will post 0.52 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on GWRE shares. Wall Street Zen lowered Guidewire Software from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. Raymond James Financial reissued an “outperform” rating and issued a $275.00 target price (up from $255.00) on shares of Guidewire Software in a report on Friday, September 5th. Wells Fargo & Company boosted their target price on Guidewire Software from $265.00 to $275.00 and gave the stock an “overweight” rating in a report on Friday, September 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Guidewire Software in a report on Wednesday, October 8th. Finally, Citigroup boosted their target price on Guidewire Software from $247.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, September 9th. Nine equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $274.08.
View Our Latest Stock Analysis on Guidewire Software
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.
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