Fifth Third Wealth Advisors LLC Cuts Stock Holdings in Guidewire Software, Inc. $GWRE

Fifth Third Wealth Advisors LLC decreased its position in shares of Guidewire Software, Inc. (NYSE:GWRE) by 20.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 1,874 shares of the technology company’s stock after selling 493 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Guidewire Software were worth $441,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. PDS Planning Inc purchased a new stake in shares of Guidewire Software during the second quarter valued at approximately $202,000. Callan Family Office LLC purchased a new stake in Guidewire Software in the second quarter worth approximately $463,000. Maryland State Retirement & Pension System grew its position in Guidewire Software by 6.4% in the 2nd quarter. Maryland State Retirement & Pension System now owns 4,070 shares of the technology company’s stock worth $958,000 after purchasing an additional 245 shares during the period. Louisiana State Employees Retirement System raised its stake in Guidewire Software by 0.9% during the 2nd quarter. Louisiana State Employees Retirement System now owns 23,600 shares of the technology company’s stock valued at $5,557,000 after buying an additional 200 shares during the last quarter. Finally, Venturi Wealth Management LLC bought a new position in shares of Guidewire Software during the 2nd quarter valued at $309,000.

Wall Street Analyst Weigh In

GWRE has been the subject of several research analyst reports. Citigroup lifted their price objective on Guidewire Software from $247.00 to $267.00 and gave the stock a “neutral” rating in a report on Tuesday, September 9th. Royal Bank Of Canada upped their price objective on Guidewire Software from $290.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Robert W. Baird upped their price objective on Guidewire Software from $270.00 to $288.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Oppenheimer upped their price objective on Guidewire Software from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $275.00 price objective (up previously from $255.00) on shares of Guidewire Software in a research report on Friday, September 5th. Nine investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $274.08.

Insider Activity

In other news, CFO Jeffrey Elliott Cooper sold 7,535 shares of the firm’s stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $248.76, for a total transaction of $1,874,406.60. Following the sale, the chief financial officer directly owned 77,111 shares in the company, valued at $19,182,132.36. This trade represents a 8.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael George Rosenbaum sold 1,400 shares of the firm’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $230.08, for a total transaction of $322,112.00. Following the sale, the chief executive officer owned 260,758 shares in the company, valued at $59,995,200.64. The trade was a 0.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 111,545 shares of company stock worth $26,742,022. 0.48% of the stock is currently owned by insiders.

Guidewire Software Stock Up 1.3%

GWRE opened at $239.57 on Monday. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 0.46. Guidewire Software, Inc. has a 1-year low of $165.08 and a 1-year high of $272.60. The company has a market capitalization of $20.25 billion, a PE ratio of 299.46 and a beta of 1.21. The firm’s 50 day simple moving average is $229.09 and its two-hundred day simple moving average is $220.74.

Guidewire Software (NYSE:GWRE) last released its quarterly earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share for the quarter, topping 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 business had revenue of $356.57 million for the quarter, compared to the consensus estimate of $337.82 million. During the same period last year, the firm earned $0.62 earnings per share. The company’s quarterly revenue was up 22.3% on a year-over-year basis. 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 EPS for the current 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.