Texas Permanent School Fund Corp Sells 4,247 Shares of Guidewire Software, Inc. $GWRE

Texas Permanent School Fund Corp cut its holdings in Guidewire Software, Inc. (NYSE:GWRE) by 22.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,579 shares of the technology company’s stock after selling 4,247 shares during the period. Texas Permanent School Fund Corp’s holdings in Guidewire Software were worth $3,433,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Brooklyn Investment Group grew its stake in Guidewire Software by 38.3% in the 1st quarter. Brooklyn Investment Group now owns 224 shares of the technology company’s stock valued at $42,000 after purchasing an additional 62 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Guidewire Software by 40.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 238 shares of the technology company’s stock worth $56,000 after buying an additional 68 shares during the last quarter. Poinciana Advisors Group LLC grew its position in Guidewire Software by 5.9% during the second quarter. Poinciana Advisors Group LLC now owns 1,247 shares of the technology company’s stock valued at $294,000 after buying an additional 70 shares during the period. Sequoia Financial Advisors LLC grew its position in Guidewire Software by 4.1% during the second quarter. Sequoia Financial Advisors LLC now owns 1,835 shares of the technology company’s stock valued at $432,000 after buying an additional 73 shares during the period. Finally, Entropy Technologies LP increased its holdings in Guidewire Software by 3.6% during the second quarter. Entropy Technologies LP now owns 2,161 shares of the technology company’s stock worth $509,000 after buying an additional 75 shares during the last quarter.

Key Headlines Impacting Guidewire Software

Here are the key news stories impacting Guidewire Software this week:

• Positive Sentiment: DA Davidson upgraded Guidewire, which typically supports buying interest and headline-driven flows into the name. Read More.
• Positive Sentiment: BTIG Research issued a bullish rating (reported as a “Buy”/”Strong‑Buy” in coverage), adding to the recent cluster of upward analyst moves that can push momentum. Read More.
• Neutral Sentiment: Shareholders approved the company’s slate of directors, executive compensation and auditor at the annual meeting — removes a governance overhang but is unlikely to move fundamentals. Read More.
• Neutral Sentiment: Recent quarterly results showed revenue beat and EPS in line, supporting the bull case for recurring cloud revenue, but the market reaction is being driven more by analyst commentary than new fundamental surprises. Read More.
• Negative Sentiment: Clustered insider selling this week: CEO, President, CFO and CAO executed sales across Dec. 16–18 (notable transactions include the CEO and President selling multi‑thousand share blocks). Large insider sales can signal liquidity-taking and add short-term downward pressure. Read More.
• Negative Sentiment: CFO Jeffrey Elliott Cooper sold 1,232 shares on Dec. 18 (and previously sold additional lots), underscoring management-level selling amid the recent run‑up. Investors often view repeated exec sales as a mild red flag. Read More.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on GWRE shares. Oppenheimer boosted 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. BTIG Research reiterated a “buy” rating and issued a $250.00 price objective on shares of Guidewire Software in a research note on Wednesday. Wells Fargo & Company increased 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. Stifel Nicolaus raised their target price on Guidewire Software from $270.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, September 5th. Finally, Robert W. Baird upped their price target on Guidewire Software from $270.00 to $288.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $271.29.

Guidewire Software Stock Up 1.3%

Guidewire Software stock opened at $199.96 on Friday. The firm has a 50 day simple moving average of $221.60 and a 200 day simple moving average of $228.06. The company has a current ratio of 3.48, a quick ratio of 3.48 and a debt-to-equity ratio of 0.44. Guidewire Software, Inc. has a 1-year low of $165.08 and a 1-year high of $272.60. The firm has a market capitalization of $17.00 billion, a price-to-earnings ratio of 190.44, a P/E/G ratio of 12.93 and a beta of 1.08.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings results on Wednesday, December 3rd. The technology company reported $0.66 EPS for the quarter, hitting analysts’ consensus estimates of $0.66. Guidewire Software had a return on equity of 10.15% and a net margin of 7.23%.The firm had revenue of $332.64 million during the quarter, compared to analyst estimates of $316.62 million. During the same period last year, the company earned $0.43 earnings per share. The business’s revenue for the quarter was up 26.5% on a year-over-year basis. On average, analysts predict that Guidewire Software, Inc. will post 0.52 earnings per share for the current year.

Insider Buying and Selling

In related news, President John P. Mullen sold 7,975 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $192.08, for a total transaction of $1,531,838.00. Following the completion of the transaction, the president owned 141,983 shares of the company’s stock, valued at approximately $27,272,094.64. The trade was a 5.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael George Rosenbaum sold 6,015 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $192.08, for a total transaction of $1,155,361.20. Following the sale, the chief executive officer directly owned 240,743 shares in the company, valued at $46,241,915.44. This trade represents a 2.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 57,140 shares of company stock worth $11,972,936 over the last quarter. 0.46% of the stock is owned by corporate insiders.

Guidewire Software Company Profile

Guidewire Software, Inc develops software products and cloud services for property and casualty (P&C) insurance carriers. Headquartered in San Mateo, California, the company’s offerings are designed to help insurers manage the core functions of their business—policy administration, billing and claims—while supporting digital engagement, analytics and operational modernization.

Guidewire’s core product portfolio is commonly known as the InsuranceSuite, which includes PolicyCenter for policy administration, BillingCenter for billing and receivables, and ClaimCenter for claims management.