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Guidewire (NYSE:GWRE) Software (ETR:SOWGn) NASDAQ:GWRE Chief Executive Officer Michael George Rosenbaum sold 1,400 shares of common stock on June 23, 2025, for $238.12, totaling $333,368. The transaction comes as the $20 billion market cap company trades near its 52-week high of $263.20, having delivered impressive returns of over 76% in the past year.
According to a Form 4 filing with the Securities and Exchange Commission, the sale was executed under a prearranged 10b5-1 trading plan adopted on October 15, 2024. Following the transaction, Rosenbaum directly owns 237,268 shares of Guidewire Software. Based on InvestingPro analysis, the stock appears overvalued at current levels, with multiple ProTips indicating high valuation multiples across various metrics. Investors seeking detailed insights can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Guidewire reported strong fiscal third-quarter results, surpassing expectations in total revenue, annual recurring revenue (ARR), and non-GAAP operating income. The company closed 17 cloud deals during the quarter, including five new client agreements, which significantly contributed to its positive financial performance. Guidewire also announced an acquisition of Quantee, a pricing solutions provider for insurance carriers, for approximately $28 million in cash. Following these developments, Guidewire raised its financial guidance for fiscal year 2025, reflecting increased confidence in its growth trajectory.
Analysts have responded positively to Guidewire’s performance. DA Davidson raised their price target to $246, while maintaining a Neutral rating, and RBC Capital increased their target to $290, maintaining an Outperform rating. Raymond (NSE:RYMD) James also raised their price target to $255, citing strong performance and growth in the cloud market. Analysts highlighted the company’s broad-based cloud momentum, with Raymond James noting the high visibility from ARR growth. Guidewire’s strategic moves and financial achievements have kept the company under close watch by investors and analysts alike.
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