Atria Wealth Solutions Inc. cut its stake in Guidewire Software, Inc. (NYSE:GWRE – Free Report) by 21.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,156 shares of the technology company’s stock after selling 573 shares during the period. Atria Wealth Solutions Inc.’s holdings in Guidewire Software were worth $507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. SBI Securities Co. Ltd. grew its position in shares of Guidewire Software by 403.8% in the first quarter. SBI Securities Co. Ltd. now owns 131 shares of the technology company’s stock valued at $25,000 after purchasing an additional 105 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in shares of Guidewire Software in the first quarter valued at approximately $25,000. Quarry LP purchased a new stake in shares of Guidewire Software in the first quarter valued at approximately $28,000. Rise Advisors LLC purchased a new stake in shares of Guidewire Software in the first quarter valued at approximately $31,000. Finally, Brooklyn Investment Group grew its position in shares of Guidewire Software by 38.3% in the first quarter. Brooklyn Investment Group now owns 224 shares of the technology company’s stock valued at $42,000 after purchasing an additional 62 shares in the last quarter.
Insider Buying and Selling
In other Guidewire Software news, insider James Winston King sold 7,162 shares of the business’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $248.82, for a total value of $1,782,048.84. Following the sale, the insider owned 38,615 shares of the company’s stock, valued at $9,608,184.30. The trade was a 15.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President John P. Mullen sold 3,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $230.73, for a total value of $692,190.00. Following the sale, the president directly owned 155,958 shares in the company, valued at $35,984,189.34. This represents a 1.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 111,545 shares of company stock valued at $26,766,382 over the last quarter. 0.48% of the stock is owned by corporate insiders.
Guidewire Software Stock Up 0.3%
Guidewire Software (NYSE:GWRE – Get Free Report) last announced its earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.22. The company had revenue of $356.57 million for the quarter, compared to analyst estimates of $337.82 million. Guidewire Software had a return on equity of 9.00% and a net margin of 5.81%.The firm’s quarterly revenue was up 22.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.62 earnings per share. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Research analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current year.
Analyst Ratings Changes
GWRE has been the topic of a number of recent analyst reports. Wells Fargo & Company upped their price objective on Guidewire Software from $265.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, September 5th. 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 report on Friday, September 5th. Wall Street Zen cut Guidewire Software from a “buy” rating to a “hold” rating in a 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 report on Friday, September 5th. Finally, Stifel Nicolaus upped their price objective on Guidewire Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Friday, September 5th. Nine equities research 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’s stock. According to data from MarketBeat, Guidewire Software presently has an average rating of “Moderate Buy” and an average price target of $274.08.
Read Our Latest Report on Guidewire Software
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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