Guidewire Software CEO Rosenbaum sells $324590 in shares

Published 04/11/2025, 02:12
Guidewire Software CEO Rosenbaum sells $324590 in shares

Michael George Rosenbaum, Chief Executive Officer of Guidewire Software NASDAQ:GWRE, sold 1,400 shares of common stock on November 3, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $231.85, for a total transaction value of $324590.

Following the transaction, Rosenbaum directly owns 255,158 shares of Guidewire Software. The sale was executed automatically under a pre-arranged 10b5-1 trading plan adopted on October 15, 2024.

In other recent news, Guidewire has announced a definitive agreement to acquire ProNav Technologies Ltd., known as ProNavigator, which specializes in knowledge management for the property and casualty insurance industry. This acquisition marks a significant move for Guidewire in expanding its capabilities. Alongside this development, One Inc plans to introduce its ClaimsPay digital payment solution to the Canadian insurance market, integrating it with Guidewire’s platform by Fall 2026. This integration aims to streamline digital claims disbursements for Canadian insurers.

In analyst updates, Goldman Sachs has reiterated its Buy rating for Guidewire, setting a price target of $305.00, while Stifel has also maintained a Buy rating with a $300.00 price target. Both firms highlighted the upcoming Analyst Day at Guidewire’s annual Connections conference in Las Vegas as a key event where company strategies will be discussed. Additionally, DA Davidson has reiterated its Neutral rating with a $250.00 price target following the acquisition announcement.

Guidewire is also focusing on expanding its global presence by enhancing its partner ecosystem. The company plans to extend its Marketplace Summit globally and offer free e-learning courses for partners, aiming to address industry challenges more effectively. The recent success of its Marketplace Summit in London has prompted plans for further events across North America, Europe, and Asia-Pacific by 2026.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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