GDS Wealth Management Has $5.77 Million Stock Holdings in Guidewire Software, Inc. $GWRE

GDS Wealth Management boosted its stake in Guidewire Software, Inc. (NYSE:GWRE) by 64.3% in the first quarter, HoldingsChannel reports. The firm owned 30,816 shares of the technology company’s stock after buying an additional 12,064 shares during the period. GDS Wealth Management’s holdings in Guidewire Software were worth $5,774,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Guidewire Software by 3.0% in the first quarter. Vanguard Group Inc. now owns 8,711,604 shares of the technology company’s stock worth $1,632,206,000 after purchasing an additional 256,070 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in Guidewire Software by 16.2% in the first quarter. Massachusetts Financial Services Co. MA now owns 5,157,195 shares of the technology company’s stock worth $966,252,000 after purchasing an additional 720,322 shares during the period. Stockbridge Partners LLC grew its holdings in Guidewire Software by 8.3% in the fourth quarter. Stockbridge Partners LLC now owns 2,678,857 shares of the technology company’s stock worth $451,602,000 after purchasing an additional 205,382 shares during the period. Wellington Management Group LLP grew its holdings in Guidewire Software by 1.5% in the first quarter. Wellington Management Group LLP now owns 1,672,767 shares of the technology company’s stock worth $313,410,000 after purchasing an additional 24,991 shares during the period. Finally, Invesco Ltd. grew its holdings in Guidewire Software by 70.4% in the first quarter. Invesco Ltd. now owns 1,427,104 shares of the technology company’s stock worth $267,382,000 after purchasing an additional 589,424 shares during the period.

Guidewire Software Stock Down 0.8%

GWRE opened at $213.2140 on Wednesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 3.23 and a quick ratio of 3.23. The company’s 50-day moving average is $227.88 and its 200 day moving average is $211.64. Guidewire Software, Inc. has a fifty-two week low of $142.94 and a fifty-two week high of $263.20. The firm has a market capitalization of $17.95 billion, a P/E ratio of 533.04, a PEG ratio of 15.16 and a beta of 1.16.

Guidewire Software (NYSE:GWRE) last released its quarterly earnings results on Tuesday, June 3rd. The technology company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.41. Guidewire Software had a net margin of 3.04% and a return on equity of 6.96%. The company had revenue of $293.51 million for the quarter, compared to analyst estimates of $286.40 million. During the same period last year, the firm earned $0.26 earnings per share. The firm’s revenue was up 22.0% on a year-over-year basis. Guidewire Software has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts expect that Guidewire Software, Inc. 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 Monday, July 21st. The shares were sold at an average price of $222.31, for a total transaction of $311,234.00. Following the transaction, the chief executive officer directly owned 231,668 shares of the company’s stock, valued at $51,502,113.08. This trade represents a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider James Winston King sold 2,482 shares of the firm’s stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $220.65, for a total transaction of $547,653.30. Following the transaction, the insider directly owned 37,441 shares in the company, valued at $8,261,356.65. The trade was a 6.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,541 shares of company stock valued at $6,034,187 over the last ninety days. Corporate insiders own 0.48% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on GWRE shares. JPMorgan Chase & Co. raised their price objective on shares of Guidewire Software from $271.00 to $288.00 and gave the company an “overweight” rating in a research note on Wednesday, June 25th. The Goldman Sachs Group raised their price objective on shares of Guidewire Software from $235.00 to $270.00 and gave the company a “buy” rating in a research note on Wednesday, June 4th. Citigroup raised their price objective on shares of Guidewire Software from $199.00 to $247.00 and gave the company a “neutral” rating in a research note on Thursday, June 5th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $290.00 price objective on shares of Guidewire Software in a research note on Monday, June 23rd. Finally, Bank of America raised their price objective on shares of Guidewire Software from $135.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, June 4th. Ten research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $250.92.

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.