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SAN MATEO, CA—Guidewire Software (ETR:SOWGn), Inc. (NYSE:GWRE) recently saw its Chief Executive Officer, Michael George Rosenbaum, execute a stock sale as part of a pre-established trading plan. According to a recent SEC filing, Rosenbaum sold 1,400 shares of Guidewire Software common stock on February 10, 2025. The shares were sold at an average price of $214.68, amounting to a total transaction value of $300,552. The transaction comes as the stock trades near its 52-week high of $219.59, having delivered an impressive 85.54% return over the past year.
This transaction was conducted under an automatic sale plan pursuant to a 10b5-1 Trading Plan, which Rosenbaum adopted on October 15, 2024. Following this sale, Rosenbaum retains direct ownership of 274,730 shares in the company. According to InvestingPro analysis, the stock currently appears overvalued compared to its Fair Value, though the company maintains a GOOD overall financial health rating.
Guidewire Software, a leading provider of software products for property and casualty insurers, continues to be a significant player in the industry, with its stock trading on the New York Stock Exchange under the ticker GWRE. The company, now valued at $18.19 billion, has demonstrated strong fundamentals with revenue growth of 12.92% in the last twelve months.
In other recent news, Markel Group Inc. (NYSE:MKL) has successfully migrated its Guidewire ClaimCenter to Guidewire Cloud, aiming to enhance claims management capabilities and improve customer service. The insurer has also begun migrating the Guidewire BillingCenter to the cloud and chosen ClaimCenter for its International Wholesale operation’s claims management. These developments are part of Markel’s strategy to leverage cloud-based technologies for operational efficiency and better data insights.
Guidewire Software, Inc. has appointed Jeff Sloan, former CEO of Global Payments (NYSE:GPN) Inc., to its Board of Directors. This move is expected to contribute to Guidewire’s continued growth and innovation, particularly with the Guidewire Cloud Platform now being a trusted platform among global P&C insurers.
Analysts from Goldman Sachs initiated coverage on Guidewire with a Buy rating and a 12-month price target of $210. The firm’s positive outlook is based on Guidewire’s role in driving cloud modernization within the property and casualty (P&C) insurance industry. Goldman Sachs also anticipates a compounded annual growth rate of 16% in annual recurring revenue over the next four years for Guidewire.
Finally, D.A. Davidson reaffirmed its Buy rating and $226.00 price target for Guidewire Software. The firm included Guidewire in their "Best-of-Breed Bison" initiative, which highlights top-tier companies with robust competitive standings and outstanding financial performance.
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