Guidewire Software, Inc. $GWRE Shares Sold by Legacy Trust

Legacy Trust reduced its position in shares of Guidewire Software, Inc. (NYSE:GWRE) by 4.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,252 shares of the technology company’s stock after selling 53 shares during the quarter. Legacy Trust’s holdings in Guidewire Software were worth $295,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. OLD National Bancorp IN acquired a new stake in shares of Guidewire Software during the 2nd quarter worth about $235,000. 111 Capital acquired a new stake in shares of Guidewire Software during the 2nd quarter worth about $1,753,000. ZWJ Investment Counsel Inc. acquired a new stake in shares of Guidewire Software during the 2nd quarter worth about $235,000. Hilltop National Bank acquired a new stake in shares of Guidewire Software during the 2nd quarter worth about $242,000. Finally, Lecap Asset Management Ltd. purchased a new position in shares of Guidewire Software during the 2nd quarter worth about $1,100,000.

Guidewire Software Trading Down 0.5%

NYSE GWRE opened at $229.89 on Friday. Guidewire Software, Inc. has a one year low of $165.08 and a one year high of $272.60. The company’s 50 day moving average price is $228.29 and its 200 day moving average price is $219.20. 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 firm has a market capitalization of $19.43 billion, a price-to-earnings ratio of 287.36 and a beta of 1.21.

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

Insider Buying and Selling

In other Guidewire Software news, President John P. Mullen sold 3,000 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $230.73, for a total value of $692,190.00. Following the completion of the sale, the president owned 155,958 shares of the company’s stock, valued at $35,984,189.34. This trade represents a 1.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael George Rosenbaum sold 1,400 shares of the stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $232.25, for a total transaction of $325,150.00. Following the completion of the sale, the chief executive officer directly owned 262,158 shares of the company’s stock, valued at $60,886,195.50. This trade represents a 0.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 115,427 shares of company stock valued at $27,599,454 over the last three months. Company insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on GWRE. Weiss Ratings reiterated a “hold (c)” rating on shares of Guidewire Software in a report on Saturday, September 27th. Royal Bank Of Canada increased their price objective on shares of Guidewire Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. DA Davidson increased their price objective on shares of Guidewire Software from $246.00 to $250.00 and gave the stock a “neutral” rating in a report on Monday, September 8th. Oppenheimer increased their price objective on shares of Guidewire Software from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Finally, Wells Fargo & Company increased their price objective on shares of Guidewire Software from $265.00 to $275.00 and gave the stock an “overweight” rating in a report on Friday, September 5th. Nine research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $274.08.

Guidewire Software 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.