Legal & General Group Plc Has $41.06 Million Position in Guidewire Software, Inc. $GWRE

Legal & General Group Plc lifted its holdings in Guidewire Software, Inc. (NYSE:GWRE) by 0.2% during the second quarter, HoldingsChannel reports. The firm owned 174,393 shares of the technology company’s stock after purchasing an additional 365 shares during the period. Legal & General Group Plc’s holdings in Guidewire Software were worth $41,061,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Mutual of America Capital Management LLC grew its holdings in Guidewire Software by 1,852.4% in the 1st quarter. Mutual of America Capital Management LLC now owns 45,119 shares of the technology company’s stock valued at $8,453,000 after buying an additional 42,808 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of Guidewire Software in the first quarter valued at approximately $318,000. AE Wealth Management LLC acquired a new stake in shares of Guidewire Software in the first quarter worth $342,000. Cetera Investment Advisers grew its stake in shares of Guidewire Software by 20.7% in the first quarter. Cetera Investment Advisers now owns 25,706 shares of the technology company’s stock worth $4,816,000 after acquiring an additional 4,414 shares during the last quarter. Finally, Assetmark Inc. increased its position in Guidewire Software by 1,419.4% during the first quarter. Assetmark Inc. now owns 2,735 shares of the technology company’s stock worth $512,000 after acquiring an additional 2,555 shares during the period.

Analyst Ratings Changes

A number of analysts have weighed in on GWRE shares. Wall Street Zen downgraded shares of Guidewire Software from a “buy” rating to a “hold” rating in a report on Friday, September 5th. Citigroup cut their price objective on shares of Guidewire Software from $267.00 to $242.00 and set a “neutral” rating for the company in a research report on Wednesday. Oppenheimer increased their target price on shares of Guidewire Software from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. The Goldman Sachs Group boosted their price target on Guidewire Software from $270.00 to $305.00 and gave the company a “buy” rating in a research note on Friday, September 5th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $275.00 price target (up previously from $255.00) on shares of Guidewire Software in a report on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $272.00.

Guidewire Software Stock Performance

NYSE GWRE opened at $213.89 on Thursday. Guidewire Software, Inc. has a twelve month low of $165.08 and a twelve month high of $272.60. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.46. The stock has a market cap of $18.19 billion, a P/E ratio of 267.37, a PEG ratio of 14.73 and a beta of 1.19. The company’s 50-day simple moving average is $231.95 and its 200 day simple moving average is $229.09.

Guidewire Software (NYSE:GWRE) last announced its quarterly earnings results on Thursday, September 4th. The technology company reported $0.84 EPS for the quarter, topping 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 last year, the company earned $0.62 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts forecast that Guidewire Software, Inc. will post 0.52 earnings per share for the current fiscal year.

Insider Transactions at Guidewire Software

In other Guidewire Software news, insider James Winston King sold 798 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $222.54, for a total value of $177,586.92. Following the transaction, the insider directly owned 37,019 shares in the company, valued at $8,238,208.26. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President John P. Mullen sold 3,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $231.85, for a total transaction of $695,550.00. Following the sale, the president directly owned 152,958 shares in the company, valued at $35,463,312.30. This represents a 1.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 112,342 shares of company stock valued at $27,117,744. 0.46% of the stock is owned by insiders.

Guidewire Software Company 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.