Guidewire Software (NYSE:GWRE – Get Free Report) had its price objective dropped by research analysts at Citizens Jmp from $300.00 to $220.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “market outperform” rating on the technology company’s stock. Citizens Jmp’s target price would suggest a potential upside of 45.43% from the stock’s previous close.
Several other equities research analysts also recently commented on GWRE. Oppenheimer decreased their price objective on Guidewire Software from $250.00 to $180.00 and set an “outperform” rating for the company in a report on Monday, May 18th. Stifel Nicolaus reduced their price target on shares of Guidewire Software from $300.00 to $250.00 and set a “buy” rating for the company in a research report on Friday, March 6th. Zacks Research lowered shares of Guidewire Software from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. DA Davidson restated a “buy” rating and set a $246.00 price objective on shares of Guidewire Software in a report on Tuesday. Finally, BTIG Research reaffirmed a “buy” rating and issued a $200.00 price objective on shares of Guidewire Software in a research note on Tuesday. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Guidewire Software has a consensus rating of “Moderate Buy” and a consensus target price of $246.42.
Get Our Latest Analysis on GWRE
Guidewire Software Price Performance
Guidewire Software (NYSE:GWRE – Get Free Report) last issued its earnings results on Thursday, June 4th. The technology company reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.03. Guidewire Software had a return on equity of 13.44% and a net margin of 14.11%.The business had revenue of $372.54 million during the quarter, compared to analyst estimates of $355.92 million. During the same period in the previous year, the company posted $0.88 EPS. The firm’s revenue was up 26.9% compared to the same quarter last year. Equities research analysts expect that Guidewire Software will post 1.84 EPS for the current fiscal year.
Insider Transactions at Guidewire Software
In related news, CEO Michael George Rosenbaum sold 1,200 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $158.92, for a total value of $190,704.00. Following the completion of the sale, the chief executive officer directly owned 208,006 shares of the company’s stock, valued at approximately $33,056,313.52. This represents a 0.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 33,679 shares of company stock worth $5,214,878 in the last ninety days. Corporate insiders own 0.46% of the company’s stock.
Hedge Funds Weigh In On Guidewire Software
A number of hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC raised its holdings in shares of Guidewire Software by 44.7% in the first quarter. Parallel Advisors LLC now owns 4,561 shares of the technology company’s stock valued at $682,000 after purchasing an additional 1,409 shares during the last quarter. Glenmede Trust Co. NA boosted its holdings in Guidewire Software by 35.5% during the first quarter. Glenmede Trust Co. NA now owns 2,030 shares of the technology company’s stock worth $304,000 after purchasing an additional 532 shares during the last quarter. Edgestream Partners L.P. bought a new stake in Guidewire Software in the 1st quarter worth about $637,000. California State Teachers Retirement System increased its stake in Guidewire Software by 22.5% in the 1st quarter. California State Teachers Retirement System now owns 98,191 shares of the technology company’s stock valued at $14,685,000 after buying an additional 18,042 shares during the last quarter. Finally, Regal Partners Ltd bought a new position in shares of Guidewire Software during the 1st quarter worth approximately $3,432,000.
More Guidewire Software News
Here are the key news stories impacting Guidewire Software this week:
- Positive Sentiment: Guidewire beat estimates on both the top and bottom lines, posting $0.82 EPS versus the $0.79 consensus and $372.5 million in revenue versus $355.9 million expected. Revenue also rose 26.9% year over year, showing strong demand for its insurance software platform. Article Title
- Positive Sentiment: The company said its third-quarter performance reinforced confidence in business momentum and pointed to a record fourth quarter, which can support investor optimism about continued growth. Article Title
- Neutral Sentiment: Guidewire also lifted revenue guidance for fiscal 2026 and the fourth quarter, with outlooks above consensus, but the available filings did not clearly show the EPS guide in the provided text. Article Title
- Negative Sentiment: Even with the beat-and-raise setup, GWRE traded lower as investors appeared to weigh that earnings per share was down from $0.88 a year ago and may be looking for even stronger profit expansion from a company valued at a premium multiple. Article Title
Guidewire Software Company Profile
Guidewire Software, Inc develops software products and cloud services for property and casualty (P&C) insurance carriers. Headquartered in San Mateo, California, the company’s offerings are designed to help insurers manage the core functions of their business—policy administration, billing and claims—while supporting digital engagement, analytics and operational modernization.
Guidewire’s core product portfolio is commonly known as the InsuranceSuite, which includes PolicyCenter for policy administration, BillingCenter for billing and receivables, and ClaimCenter for claims management.
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