Portside Wealth Group LLC Grows Position in Guidewire Software, Inc. $GWRE

Portside Wealth Group LLC lifted its position in Guidewire Software, Inc. (NYSE:GWRE) by 42.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 3,888 shares of the technology company’s stock after purchasing an additional 1,164 shares during the period. Portside Wealth Group LLC’s holdings in Guidewire Software were worth $915,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in Guidewire Software by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 8,922,651 shares of the technology company’s stock valued at $2,100,838,000 after buying an additional 211,047 shares during the period. Linonia Partnership LP increased its position in shares of Guidewire Software by 41.8% in the first quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company’s stock valued at $636,333,000 after acquiring an additional 1,000,709 shares during the period. Wellington Management Group LLP raised its stake in shares of Guidewire Software by 1.5% during the first quarter. Wellington Management Group LLP now owns 1,672,767 shares of the technology company’s stock valued at $313,410,000 after acquiring an additional 24,991 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Guidewire Software by 5.6% during the second quarter. Geode Capital Management LLC now owns 1,578,442 shares of the technology company’s stock worth $372,105,000 after purchasing an additional 84,152 shares during the period. Finally, Invesco Ltd. grew its stake in shares of Guidewire Software by 70.4% in the first quarter. Invesco Ltd. now owns 1,427,104 shares of the technology company’s stock worth $267,382,000 after purchasing an additional 589,424 shares during the last quarter.

Guidewire Software Stock Down 1.2%

Shares of Guidewire Software stock opened at $214.08 on Wednesday. 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 company has a 50-day moving average of $236.49 and a 200 day moving average of $229.19. The firm has a market cap of $18.20 billion, a price-to-earnings ratio of 267.60, a PEG 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.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings data on Thursday, September 4th. The technology company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.62 by $0.22. The business had revenue of $356.57 million for the quarter, compared to analyst estimates of $337.82 million. Guidewire Software had a net margin of 5.81% and a return on equity of 9.00%. Guidewire Software’s quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.62 earnings per share. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts anticipate 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 issued reports on GWRE. DA Davidson boosted their price target on Guidewire Software from $246.00 to $250.00 and gave the company a “neutral” rating in a report on Monday, September 8th. Wells Fargo & Company lifted their price objective on Guidewire Software from $265.00 to $275.00 and gave the stock an “overweight” rating in a research report on Friday, September 5th. Royal Bank Of Canada boosted their target price on Guidewire Software from $290.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. 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 research note on Friday, September 5th. Finally, Wall Street Zen cut shares of Guidewire Software from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $274.08.

Insider Transactions at Guidewire Software

In other Guidewire Software news, President John P. Mullen sold 3,000 shares of Guidewire Software stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $231.85, for a total transaction of $695,550.00. Following the completion of the transaction, the president owned 152,958 shares in the company, valued at approximately $35,463,312.30. The trade was a 1.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider James Winston King sold 798 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $222.54, for a total value of $177,586.92. Following the completion of the sale, the insider directly owned 37,019 shares in the company, valued at approximately $8,238,208.26. This represents a 2.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 113,742 shares of company stock valued at $27,418,324 in the last ninety days. 0.46% of the stock is currently owned by corporate 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.