Keystone Financial Services acquired a new position in shares of Guidewire Software, Inc. (NYSE:GWRE – Free Report) in the 2nd quarter, HoldingsChannel reports. The firm acquired 1,018 shares of the technology company’s stock, valued at approximately $240,000.
A number of other institutional investors also recently bought and sold shares of the company. SBI Securities Co. Ltd. increased its holdings in shares of Guidewire Software by 403.8% during the 1st quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company’s stock worth $25,000 after buying an additional 105 shares during the last quarter. Advisors Asset Management Inc. acquired a new position in Guidewire Software in the first quarter valued at approximately $25,000. Quarry LP purchased a new position in Guidewire Software in the first quarter worth approximately $28,000. Rise Advisors LLC acquired a new stake in Guidewire Software during the first quarter worth $31,000. Finally, Westside Investment Management Inc. acquired a new stake in Guidewire Software during the second quarter worth $32,000.
Insiders Place Their Bets
In related news, CFO Jeffrey Elliott Cooper sold 14,103 shares of Guidewire Software stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $242.87, for a total value of $3,425,195.61. Following the completion of the transaction, the chief financial officer directly owned 84,646 shares in the company, valued at approximately $20,557,974.02. This trade represents a 14.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO David Franklin Peterson sold 1,811 shares of the company’s stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $242.87, for a total value of $439,837.57. Following the sale, the chief accounting officer owned 14,164 shares in the company, valued at approximately $3,440,010.68. This trade represents a 11.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 113,743 shares of company stock valued at $27,385,985. Corporate insiders own 0.48% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Report on Guidewire Software
Guidewire Software Stock Up 1.2%
Shares of NYSE:GWRE opened at $217.99 on Friday. The firm has a market capitalization of $18.53 billion, a PE ratio of 272.48, a price-to-earnings-growth ratio of 14.73 and a beta of 1.19. Guidewire Software, Inc. has a 1 year low of $165.08 and a 1 year high of $272.60. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.77 and a quick ratio of 2.77. The firm’s 50-day moving average is $238.93 and its two-hundred day moving average is $227.92.
Guidewire Software (NYSE:GWRE – Get Free Report) last announced its quarterly earnings data on Thursday, September 4th. The technology company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.22. Guidewire Software had a net margin of 5.81% and a return on equity of 9.00%. The firm had revenue of $356.57 million during the quarter, compared to analysts’ expectations of $337.82 million. During the same quarter in the previous year, the business posted $0.62 earnings per share. The business’s quarterly revenue was up 22.3% compared to the same quarter last year. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current year.
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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