VIRGINIA RETIREMENT SYSTEMS ET Al Invests $1.41 Million in Guidewire Software, Inc. $GWRE

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Guidewire Software, Inc. (NYSE:GWRE) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,966 shares of the technology company’s stock, valued at approximately $1,405,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Empower Advisory Group LLC acquired a new stake in shares of Guidewire Software during the first quarter worth $692,000. Principal Financial Group Inc. increased its position in shares of Guidewire Software by 3,320.4% in the first quarter. Principal Financial Group Inc. now owns 192,843 shares of the technology company’s stock worth $36,131,000 after purchasing an additional 187,205 shares during the period. OMNI 360 Wealth Inc. bought a new position in shares of Guidewire Software in the first quarter worth $211,000. International Assets Investment Management LLC bought a new position in shares of Guidewire Software in the first quarter worth $217,000. Finally, Sequoia Financial Advisors LLC increased its position in shares of Guidewire Software by 15.6% in the first 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 during the period.

Guidewire Software Stock Performance

Guidewire Software stock opened at $250.35 on Thursday. The business’s 50-day moving average price is $233.84 and its two-hundred day moving average price is $223.57. Guidewire Software, Inc. has a 12-month low of $165.08 and a 12-month high of $272.60. The stock has a market cap of $21.16 billion, a PE ratio of 312.94, a P/E/G ratio of 15.64 and a beta of 1.21. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.46.

Guidewire Software (NYSE:GWRE) last announced its quarterly earnings results on Thursday, September 4th. The technology company reported $0.84 EPS for the quarter, beating 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 last year, the firm posted $0.62 earnings per share. The business’s revenue for the quarter 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, analysts expect that Guidewire Software, Inc. will post 0.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently commented on GWRE. Wells Fargo & Company raised 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. The Goldman Sachs Group raised their price target on Guidewire Software from $270.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, September 5th. Robert W. Baird raised their price target on Guidewire Software from $270.00 to $288.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. DA Davidson raised their price target on Guidewire Software from $246.00 to $250.00 and gave the stock a “neutral” rating in a research report on Monday, September 8th. Finally, JPMorgan Chase & Co. lifted their target price on Guidewire Software from $271.00 to $288.00 and gave the company an “overweight” rating in a research report on Wednesday, June 25th. Nine investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Guidewire Software 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 Guidewire Software stock in a transaction dated Thursday, September 18th. The stock was 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 of the company’s stock, valued at approximately $19,182,132.36. This trade represents a 8.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO David Franklin Peterson sold 1,000 shares of Guidewire Software stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $249.86, for a total value of $249,860.00. Following the sale, the chief accounting officer directly owned 13,164 shares in the company, valued at $3,289,157.04. The trade was a 7.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 113,743 shares of company stock valued at $27,306,431. 0.48% of the stock is currently owned by company insiders.

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.