Guidewire software director Michael Keller sells $338,898 in stock

Published 16/01/2025, 01:52
Guidewire software director Michael Keller sells $338,898 in stock

Michael C. Keller, a director at Guidewire Software Inc . (NYSE:GWRE), has sold 1,939 shares of the company's common stock, according to a recent SEC filing. The shares were sold at a price of $174.78 each, totaling approximately $338,898. The transaction comes as Guidewire, now valued at $14.58 billion, has delivered an impressive 56.59% return over the past year, though InvestingPro analysis indicates the stock is currently trading above its Fair Value. Following this transaction, Keller retains ownership of 14,118 shares in the company. According to InvestingPro, which offers comprehensive analysis of 1,400+ stocks through its Pro Research Reports, Guidewire maintains a GOOD overall financial health score and operates with moderate debt levels. The sale was conducted as part of a pre-arranged 10b5-1 trading plan, which was adopted by Keller on October 15, 2024.

In other recent news, Guidewire Software (ETR:SOWGn) has been the subject of various analyst reports and shareholder meetings. D.A. Davidson reaffirmed its Buy rating for Guidewire, setting a price target of $226.00, and included the company in its "Best-of-Breed Bison" initiative due to its robust competitive positioning and outstanding financial performance. BofA Securities, however, maintained its Underperform rating on Guidewire, despite a strong gross margin expansion to 60.8% and solid performance. RBC Capital Markets and Stifel both increased their price targets for Guidewire, citing the company's strong financial performance and noteworthy cloud deals.

In terms of governance, Guidewire shareholders approved key proposals, including the compensation of executive officers and the 2024 Employee Stock Purchase Plan. The company's financial health remains strong, with a healthy current ratio of 2.66 and revenue growth of 12.92% over the last twelve months.

These are recent developments that underline the dynamic nature of Guidewire's performance in the market. As always, investors should refer to detailed analysis and independent sources for further insights into the company's growth prospects and financial health.

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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