Guidewire software president Mullen sells $695k in shares

Published 04/11/2025, 02:14
Guidewire software president Mullen sells $695k in shares

John P. Mullen, President of Guidewire Software NASDAQ:GWRE, sold 3,000 shares of common stock on November 3, 2025, at a price of $231.85, for a total transaction value of $695,550. This transaction comes as Guidewire shares have experienced a significant 9.9% decline over the past week, though the stock remains up 35% year-to-date.

The sale was executed automatically under a pre-arranged 10b5-1 trading plan adopted on October 15, 2024. Following the transaction, Mullen directly owns 152,958 shares of Guidewire Software, worth approximately $34.9 million at current prices. Guidewire, with a market capitalization of $19.4 billion, is currently trading at a P/E ratio of 282, significantly above industry averages. According to InvestingPro analysis, the company appears overvalued compared to its Fair Value estimate, despite strong revenue growth of 22.6% in the last twelve months. Investors seeking deeper insights can access the comprehensive Pro Research Report, available for Guidewire and 1,400+ other US equities on InvestingPro.

In other recent news, Guidewire announced a definitive agreement to acquire ProNav Technologies Ltd., which operates as ProNavigator, a knowledge management platform for the property and casualty insurance industry. This acquisition is a significant development for Guidewire as it seeks to enhance its offerings in the insurance sector. Additionally, One Inc plans to introduce its ClaimsPay digital payment solution to the Canadian property and casualty insurance market, which will be available as a Guidewire integration in Fall 2026. This integration aims to streamline digital claims disbursements, potentially offering quicker and more varied payment options for Canadians.

In terms of analyst activity, DA Davidson reiterated its Neutral rating on Guidewire, maintaining a price target of $250. Meanwhile, Goldman Sachs and Stifel both reiterated their Buy ratings, with price targets of $305 and $300, respectively, ahead of Guidewire’s annual Connections conference and Analyst Day. Guidewire also announced strategic initiatives to expand its global presence and partner ecosystem, including plans to broaden its Marketplace Summit worldwide and offer free e-learning courses for partners. These developments reflect Guidewire’s ongoing efforts to strengthen its market position and enhance its service offerings.

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