Guidewire Software, Inc. $GWRE Shares Sold by Smith Group Asset Management LLC

Smith Group Asset Management LLC cut its holdings in shares of Guidewire Software, Inc. (NYSE:GWRE) by 2.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,710 shares of the technology company’s stock after selling 90 shares during the quarter. Smith Group Asset Management LLC’s holdings in Guidewire Software were worth $874,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in GWRE. GAMMA Investing LLC boosted its holdings in Guidewire Software by 46.5% in the first quarter. GAMMA Investing LLC now owns 1,390 shares of the technology company’s stock valued at $260,000 after purchasing an additional 441 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Guidewire Software by 11.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 1,562 shares of the technology company’s stock worth $293,000 after buying an additional 158 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new stake in Guidewire Software during the first quarter worth about $201,000. International Assets Investment Management LLC purchased a new position in Guidewire Software during the first quarter valued at approximately $217,000. Finally, Sequoia Financial Advisors LLC boosted its position in Guidewire Software by 15.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 1,762 shares of the technology company’s stock worth $330,000 after purchasing an additional 238 shares in the last quarter.

Guidewire Software Price Performance

NYSE:GWRE opened at $252.37 on Friday. The stock has a 50 day moving average of $234.71 and a two-hundred day moving average of $224.10. Guidewire Software, Inc. has a 12 month low of $165.08 and a 12 month high of $272.60. The firm has a market cap of $21.33 billion, a P/E ratio of 315.46, a price-to-earnings-growth ratio of 15.40 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.

Guidewire Software (NYSE:GWRE) last issued its quarterly earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.22. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The firm had revenue of $356.57 million for the quarter, compared to analyst estimates of $337.82 million. During the same period in the previous year, the company posted $0.62 earnings per share. The business’s 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. On average, analysts expect that Guidewire Software, Inc. will post 0.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

GWRE has been the subject of several recent research reports. Wall Street Zen lowered shares of Guidewire Software from a “buy” rating to a “hold” rating in a report on Friday, September 5th. The Goldman Sachs Group upped their price objective on shares of Guidewire Software from $270.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, September 5th. DA Davidson raised their target price on Guidewire Software from $246.00 to $250.00 and gave the company a “neutral” rating in a research report on Monday, September 8th. Royal Bank Of Canada lifted their price target on Guidewire Software from $290.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. Finally, Wells Fargo & Company increased their price target on Guidewire Software from $265.00 to $275.00 and gave the stock an “overweight” rating in a research report on Friday, September 5th. Nine research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Guidewire Software currently has an average rating of “Moderate Buy” and a consensus target price of $274.08.

Insider Buying and Selling at Guidewire Software

In other news, CFO Jeffrey Elliott Cooper sold 7,535 shares of the stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $248.76, for a total value of $1,874,406.60. Following the completion of the sale, the chief financial officer directly owned 77,111 shares in the company, valued at $19,182,132.36. This represents a 8.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael George Rosenbaum sold 1,400 shares of the firm’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $245.70, for a total transaction of $343,980.00. Following the completion of the transaction, the chief executive officer directly owned 257,958 shares in the company, valued at approximately $63,380,280.60. This represents a 0.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 113,743 shares of company stock valued at $27,306,431. 0.48% of the stock is owned by company insiders.

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.