Farther Finance Advisors LLC trimmed its holdings in shares of Guidewire Software, Inc. (NYSE:GWRE – Free Report) by 40.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 447 shares of the technology company’s stock after selling 303 shares during the period. Farther Finance Advisors LLC’s holdings in Guidewire Software were worth $105,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of GWRE. SBI Securities Co. Ltd. raised its position in shares of Guidewire Software by 403.8% during the first quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company’s stock worth $25,000 after purchasing an additional 105 shares during the period. Advisors Asset Management Inc. acquired a new position in shares of Guidewire Software during the first quarter worth approximately $25,000. Quarry LP acquired a new position in shares of Guidewire Software during the first quarter worth approximately $28,000. Rise Advisors LLC acquired a new position in shares of Guidewire Software during the first quarter worth approximately $31,000. Finally, Dunhill Financial LLC acquired a new position in shares of Guidewire Software during the first quarter worth approximately $33,000.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on GWRE shares. Stifel Nicolaus upped their target price on Guidewire Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, September 5th. DA Davidson increased their price target on Guidewire Software from $246.00 to $250.00 and gave the company a “neutral” rating in a research report on Monday, September 8th. Citigroup increased their price target on Guidewire Software from $247.00 to $267.00 and gave the company a “neutral” rating in a research report on Tuesday, September 9th. JPMorgan Chase & Co. increased their price target on Guidewire Software from $271.00 to $288.00 and gave the company an “overweight” rating in a research report on Wednesday, June 25th. Finally, Royal Bank Of Canada increased their price target on Guidewire Software from $290.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Nine research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $274.08.
Insider Activity
In related news, insider James Winston King sold 7,162 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $248.82, for a total value of $1,782,048.84. Following the completion of the sale, the insider owned 38,615 shares in the company, valued at $9,608,184.30. The trade was a 15.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO David Franklin Peterson sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $249.86, for a total value of $249,860.00. Following the completion of the sale, the chief accounting officer owned 13,164 shares of the company’s stock, valued at $3,289,157.04. The trade was a 7.06% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 115,427 shares of company stock worth $27,599,454. Company insiders own 0.48% of the company’s stock.
Guidewire Software Stock Performance
Shares of GWRE opened at $229.89 on Friday. The company has a market cap of $19.43 billion, a PE ratio of 287.36 and a beta of 1.21. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 0.46. The stock has a 50-day moving average price of $228.29 and a 200-day moving average price of $219.04. Guidewire Software, Inc. has a 12-month low of $165.08 and a 12-month high of $272.60.
Guidewire Software (NYSE:GWRE – Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.22. The firm had revenue of $356.57 million during the quarter, compared to the consensus estimate of $337.82 million. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The company’s revenue for the quarter was up 22.3% on a year-over-year basis. During the same quarter last year, the company posted $0.62 EPS. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, equities analysts forecast that Guidewire Software, Inc. will post 0.52 earnings per share for the current fiscal year.
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.
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