Summit Investment Advisors Inc. Buys New Shares in Guidewire Software, Inc. $GWRE

Summit Investment Advisors Inc. purchased a new position in shares of Guidewire Software, Inc. (NYSE:GWRE) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 16,433 shares of the technology company’s stock, valued at approximately $3,079,000.

Other institutional investors have also recently modified their holdings of the company. Empower Advisory Group LLC bought a new stake in Guidewire Software in the first quarter valued at approximately $692,000. Stephens Investment Management Group LLC raised its holdings in Guidewire Software by 1.1% during the 1st quarter. Stephens Investment Management Group LLC now owns 754,924 shares of the technology company’s stock valued at $141,443,000 after buying an additional 8,514 shares during the last quarter. Linonia Partnership LP boosted its position in Guidewire Software by 41.8% during the 1st quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company’s stock valued at $636,333,000 after buying an additional 1,000,709 shares during the period. Mutual of America Capital Management LLC grew its holdings in Guidewire Software by 1,852.4% in the 1st quarter. Mutual of America Capital Management LLC now owns 45,119 shares of the technology company’s stock worth $8,453,000 after acquiring an additional 42,808 shares during the last quarter. Finally, Securian Asset Management Inc. bought a new stake in Guidewire Software in the 1st quarter worth $1,184,000.

Wall Street Analyst Weigh In

GWRE has been the subject of a number of analyst reports. Wells Fargo & Company increased their target price 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 reiterated a “hold (c)” rating on shares of Guidewire Software in a research report on Wednesday, October 8th. Stifel Nicolaus upped their target price on Guidewire Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Friday, September 5th. Oppenheimer raised their price target on Guidewire Software from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, September 5th. Finally, Zacks Research raised shares of Guidewire Software from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $274.08.

Guidewire Software Price Performance

Shares of GWRE stock opened at $217.99 on Friday. The business’s fifty day moving average is $238.93 and its 200 day moving average is $228.19. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.46. The stock has a market cap of $18.53 billion, a price-to-earnings ratio of 272.48, a PEG ratio of 14.73 and a beta of 1.19. Guidewire Software, Inc. has a twelve month low of $165.08 and a twelve month high of $272.60.

Guidewire Software (NYSE:GWRE) last announced its earnings results on Thursday, September 4th. The technology company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.22. The firm had revenue of $356.57 million for 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%. The company’s quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.62 EPS. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Research analysts expect that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

Insider Activity

In other news, CFO Jeffrey Elliott Cooper sold 14,103 shares of the stock in a transaction on 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 sale, the chief financial officer directly owned 84,646 shares of the company’s stock, valued at approximately $20,557,974.02. This represents a 14.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO David Franklin Peterson sold 1,811 shares of the firm’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $242.87, for a total value of $439,837.57. Following the transaction, the chief accounting officer owned 14,164 shares of the company’s stock, valued at $3,440,010.68. The trade was a 11.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 113,743 shares of company stock valued at $27,385,985. 0.48% of the stock is currently owned by insiders.

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.