Employees Retirement System of Texas Invests $146,000 in Guidewire Software, Inc. $GWRE

Employees Retirement System of Texas purchased a new position in Guidewire Software, Inc. (NYSE:GWRE) during the second quarter, HoldingsChannel reports. The firm purchased 618 shares of the technology company’s stock, valued at approximately $146,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Empower Advisory Group LLC bought a new position in Guidewire Software in the 1st quarter valued at approximately $692,000. Linonia Partnership LP raised its stake in shares of Guidewire Software by 41.8% in the first quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company’s stock worth $636,333,000 after purchasing an additional 1,000,709 shares during the last quarter. Mutual of America Capital Management LLC lifted its holdings in shares of Guidewire Software by 1,852.4% during the first quarter. Mutual of America Capital Management LLC now owns 45,119 shares of the technology company’s stock valued at $8,453,000 after purchasing an additional 42,808 shares in the last quarter. Lecap Asset Management Ltd. purchased a new stake in shares of Guidewire Software during the second quarter valued at $1,100,000. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Guidewire Software during the second quarter valued at $954,000.

Insider Buying and Selling

In related news, insider James Winston King sold 7,162 shares of Guidewire Software stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $248.82, for a total transaction of $1,782,048.84. Following the transaction, the insider directly owned 38,615 shares in the company, valued at approximately $9,608,184.30. The trade was a 15.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael George Rosenbaum sold 30,317 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $242.87, for a total value of $7,363,089.79. Following the sale, the chief executive officer directly owned 264,958 shares of the company’s stock, valued at $64,350,349.46. This represents a 10.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 112,342 shares of company stock worth $27,117,744 in the last quarter. Company insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. DA Davidson boosted their target price on Guidewire Software from $246.00 to $250.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Zacks Research upgraded shares of Guidewire Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Stifel Nicolaus increased their price objective on shares of Guidewire Software from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Friday, September 5th. Royal Bank Of Canada increased their price objective on shares of Guidewire Software from $290.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Finally, Oppenheimer raised their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $272.00.

Guidewire Software Price Performance

NYSE GWRE opened at $215.98 on Friday. The company has a 50-day moving average price of $230.72 and a 200-day moving average price of $229.00. Guidewire Software, Inc. has a 52 week low of $165.08 and a 52 week high of $272.60. 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 firm has a market capitalization of $18.36 billion, a P/E ratio of 269.98, a PEG ratio of 14.73 and a beta of 1.19.

Guidewire Software (NYSE:GWRE) last announced its earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share (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 company had revenue of $356.57 million during the quarter, compared to analyst estimates of $337.82 million. During the same period in the previous year, the business posted $0.62 earnings per share. The firm’s quarterly revenue 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. Equities research analysts anticipate that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

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.