Guidewire software director David S. Bauer sells $87,500 in stock

Published 14/03/2025, 01:50
Guidewire software director David S. Bauer sells $87,500 in stock

SAN MATEO, Calif.—David S. Bauer, a director at Guidewire Software (ETR:SOWGn), Inc. (NYSE:GWRE), recently sold 500 shares of common stock, according to a filing with the Securities and Exchange Commission dated March 13, 2025. The shares were sold at a price of $175 each, amounting to a total transaction value of $87,500. The sale comes as Guidewire’s stock has delivered a robust 53.75% return over the past year, with shares currently trading near $176.

Following the sale, Bauer retains ownership of 7,403 shares in the company. This transaction was conducted automatically under a 10b5-1 Trading Plan that Bauer adopted on December 12, 2024, as noted in the filing.

Guidewire Software, a company known for its prepackaged software services, is based in San Mateo, California.

In other recent news, Guidewire Software Inc . reported a strong fiscal second-quarter performance, surpassing expectations in revenue, Annual Recurring Revenue (ARR), and operating income. The company successfully closed 12 cloud deals, including significant new client acquisitions, which contributed to the positive results. Following this performance, Guidewire’s management increased its fiscal year 2025 guidance, reflecting confidence in continued growth. Several analysts have maintained their Buy ratings, with DA Davidson setting a price target of $226, Stifel at $230, and Goldman Sachs adjusting their target to $235, despite a slight reduction from a previous target. Meanwhile, Raymond (NSE:RYMD) James reiterated an Outperform rating with a $225 target, citing Guidewire’s strong market position and cloud offerings. However, Citi took a neutral stance, raising its price target to $199, noting the company’s positive results but expressing caution due to valuation concerns. Analysts generally view Guidewire’s cloud momentum and market position as favorable, with expectations for continued growth in the property and casualty insurance sector.

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