TD Asset Management Inc Purchases 120 Shares of Guidewire Software, Inc. $GWRE

TD Asset Management Inc lifted its position in shares of Guidewire Software, Inc. (NYSE:GWRE) by 1.0% in the second quarter, HoldingsChannel.com reports. The firm owned 12,172 shares of the technology company’s stock after purchasing an additional 120 shares during the period. TD Asset Management Inc’s holdings in Guidewire Software were worth $2,866,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Empower Advisory Group LLC bought a new position in shares of Guidewire Software in the 1st quarter worth about $692,000. Praxis Investment Management Inc. purchased a new stake in shares of Guidewire Software during the first quarter valued at $347,000. Principal Financial Group Inc. grew its stake in shares of Guidewire Software by 3,320.4% in the first quarter. Principal Financial Group Inc. now owns 192,843 shares of the technology company’s stock worth $36,131,000 after acquiring an additional 187,205 shares during the period. OMNI 360 Wealth Inc. bought a new stake in Guidewire Software in the 1st quarter worth approximately $211,000. Finally, Sequoia Financial Advisors LLC increased its position in Guidewire Software by 15.6% during the first quarter. Sequoia Financial Advisors LLC now owns 1,762 shares of the technology company’s stock valued at $330,000 after acquiring an additional 238 shares during the last quarter.

Insider Transactions at Guidewire Software

In related news, CEO Michael George Rosenbaum sold 1,400 shares of the business’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $239.71, for a total value of $335,594.00. Following the sale, the chief executive officer directly owned 259,358 shares in the company, valued at approximately $62,170,706.18. The trade was a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President John P. Mullen sold 3,000 shares of the firm’s 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 transaction, the president owned 155,958 shares of the company’s stock, valued at $35,984,189.34. This represents a 1.89% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 111,545 shares of company stock valued at $26,766,382. 0.48% of the stock is owned by insiders.

Guidewire Software Trading Up 3.8%

Guidewire Software stock opened at $253.67 on Tuesday. Guidewire Software, Inc. has a 1 year low of $165.08 and a 1 year high of $272.60. The firm’s 50 day moving average price is $232.09 and its 200-day moving average price is $223.17. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.77 and a quick ratio of 2.77. The stock has a market cap of $21.44 billion, a P/E ratio of 317.09, a PEG ratio of 15.03 and a beta of 1.21.

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

Analyst Ratings Changes

GWRE has been the topic of several research reports. Royal Bank Of Canada raised their target price on Guidewire Software from $290.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. Wells Fargo & Company raised 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. Weiss Ratings restated a “hold (c)” rating on shares of Guidewire Software in a research report on Wednesday, October 8th. Robert W. Baird upped their target price on shares of Guidewire Software from $270.00 to $288.00 and gave the company an “outperform” rating in a report on Friday, September 5th. Finally, Raymond James Financial reaffirmed 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. Nine equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $274.08.

Guidewire Software Company 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.