John P. Mullen (NASDAQ:MULN), President of Guidewire (NYSE:GWRE) Software (ETR:SOWGn), Inc. (NYSE:GWRE), executed a sale of company stock on January 15, 2025. The transaction comes as Guidewire, currently valued at $14.58 billion, has delivered an impressive 56.59% return over the past year, with the stock trading near its 52-week high of $209.15. According to the SEC filing, Mullen sold 2,300 shares of common stock at a price of $174.78 per share, amounting to a total transaction value of $401,994. This sale was conducted as part of an automatic trading plan established under Rule 10b5-1, which Mullen adopted on October 15, 2024. Following this transaction, Mullen holds 178,446 shares directly. According to InvestingPro analysis, Guidewire maintains a GOOD financial health score, though current metrics suggest the stock may be trading above its Fair Value. Discover 12 additional exclusive ProTips and comprehensive valuation metrics with InvestingPro.
In other recent news, Guidewire Software has witnessed significant developments. D.A. Davidson reaffirmed its Buy rating for Guidewire stock, with a price target of $226.00, spotlighting the company’s robust competitive position and outstanding financial performance. The firm’s analysts included Guidewire in their "Best-of-Breed Bison" initiative, which seeks to spotlight top-tier companies.
Guidewire Software’s shareholders have approved key proposals, including the compensation of executive officers and the 2024 Employee Stock Purchase Plan. The company’s sound financial health was highlighted with a healthy current ratio of 2.66 and a revenue growth of 12.92% over the last twelve months.
Analysts have been active in their assessment of Guidewire. DA Davidson upgraded its price target for Guidewire following a strong fiscal first quarter and updated fiscal 2025 financial guidance, maintaining a buy rating. However, BofA Securities maintained its underperform rating despite the company’s solid performance and a strong gross margin expansion to 60.8%.
RBC Capital Markets increased its price target for Guidewire citing the company’s strong financial performance and the closing of five Tier-1 cloud deals. Stifel also raised its price target, highlighting Guidewire’s strong start to the fiscal year, underlined by nine cloud deals, including five with Tier 1 clients. These recent developments reflect the dynamic nature of Guidewire’s performance in the market.
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