Guidewire Software CEO sells $272,860 in stock

Published 14/04/2025, 23:46
Guidewire Software CEO sells $272,860 in stock

Guidewire Software (ETR:SOWGn), Inc. (NYSE:GWRE), a software company with a market capitalization of $16.1 billion and impressive 73% stock return over the past year, saw CEO Michael George Rosenbaum sell 1,400 shares of the company’s common stock on April 14, 2025, according to a recent SEC filing. The shares were sold at a price of $194.90 each, totaling approximately $272,860. This transaction was executed as part of a pre-established 10b5-1 trading plan, which Rosenbaum adopted on October 15, 2024. Following the sale, Rosenbaum retains ownership of 257,193 shares in the company. InvestingPro analysis indicates the company maintains strong liquidity with a current ratio of 2.65 and has achieved 17% revenue growth in the latest quarter. For deeper insights into Guidewire’s valuation and 13 additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Guidewire Software has been the subject of several analyst reports following its fiscal second-quarter earnings. The company reported stronger-than-expected total revenue, Annual Recurring Revenue (ARR), and Non-GAAP operating income, surpassing projections from DA Davidson. This positive performance led Guidewire to revise its financial forecasts for fiscal 2025, increasing midpoints for total revenue, ARR, and operating income. Stifel analysts highlighted the company’s strong subscription and support revenue, maintaining a Buy rating with a $230 price target, while noting the slight third-quarter ARR outlook shortfall due to timing issues.

Additionally, Guidewire’s strategic acquisition of Quantee, a Polish InsurTech startup, aims to enhance its insurance pricing capabilities. JMP Securities reiterated a Market Outperform rating and a $250 price target, viewing the acquisition as a move to bolster product offerings. Raymond (NSE:RYMD) James also maintained an Outperform rating with a $225 price target, citing Guidewire’s robust cloud momentum and market position in the property and casualty insurance sector. RBC Capital Markets identified Guidewire among software stocks with potential buying opportunities following a market downturn, emphasizing its defensive stance amid tariff-related uncertainties. These developments highlight Guidewire’s strategic focus and positive financial trajectory, drawing attention from multiple analyst firms.

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