Guidewire Software (NYSE:GWRE – Get Free Report) had its price target raised by equities researchers at Oppenheimer from $275.00 to $300.00 in a research report issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the technology company’s stock. Oppenheimer’s price objective would indicate a potential upside of 14.80% from the stock’s previous close.
Several other research analysts also recently issued reports on GWRE. Royal Bank Of Canada reissued an “outperform” rating and set a $290.00 price objective on shares of Guidewire Software in a research report on Monday, June 23rd. DA Davidson reissued a “neutral” rating and set a $226.00 price objective on shares of Guidewire Software in a research report on Wednesday, June 4th. Needham & Company LLC reissued a “hold” rating on shares of Guidewire Software in a research report on Wednesday, June 4th. Stifel Nicolaus raised their price objective on shares of Guidewire Software from $230.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, June 4th. Finally, Bank of America raised their price objective on shares of Guidewire Software from $135.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, June 4th. Nine investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Guidewire Software has an average rating of “Moderate Buy” and a consensus price target of $270.42.
View Our Latest Stock Analysis on Guidewire Software
Guidewire Software Trading Up 20.4%
Guidewire Software (NYSE:GWRE – Get Free Report) last posted 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 the consensus estimate of $337.82 million. Guidewire Software had a net margin of 5.81% and a return on equity of 9.27%. The company’s revenue was up 22.3% on a year-over-year basis. During the same period last year, the firm posted $0.62 EPS. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, sell-side analysts expect that Guidewire Software will post 0.52 earnings per share for the current fiscal year.
Insider Activity at Guidewire Software
In related news, CEO Michael George Rosenbaum sold 1,400 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $214.30, for a total value of $300,020.00. Following the completion of the sale, the chief executive officer owned 223,268 shares in the company, valued at $47,846,332.40. This trade represents a 0.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President John P. Mullen sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $214.30, for a total transaction of $642,900.00. Following the completion of the sale, the president owned 140,489 shares of the company’s stock, valued at approximately $30,106,792.70. The trade was a 2.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,941 shares of company stock worth $6,980,859 over the last 90 days. Company insiders own 0.48% of the company’s stock.
Institutional Trading of Guidewire Software
Hedge funds and other institutional investors have recently made changes to their positions in the stock. SBI Securities Co. Ltd. lifted its stake in shares of Guidewire Software by 403.8% in the first quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company’s stock valued at $25,000 after purchasing an additional 105 shares during the period. Advisors Asset Management Inc. acquired a new stake in shares of Guidewire Software in the first quarter valued at about $25,000. Quarry LP acquired a new stake in shares of Guidewire Software in the first quarter valued at about $28,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Guidewire Software in the second quarter valued at about $30,000. Finally, Rise Advisors LLC acquired a new stake in shares of Guidewire Software in the first quarter valued at about $31,000.
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.
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