Guidewire Software, Inc. (NYSE:GWRE – Free Report) – Research analysts at Zacks Research boosted their Q3 2026 earnings per share estimates for Guidewire Software in a research note issued to investors on Thursday, September 26th. Zacks Research analyst R. Department now expects that the technology company will post earnings per share of $0.11 for the quarter, up from their previous estimate of $0.07. The consensus estimate for Guidewire Software’s current full-year earnings is $0.49 per share.
Guidewire Software (NYSE:GWRE – Get Free Report) last released its quarterly earnings results on Thursday, September 5th. The technology company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.08. The company had revenue of $291.50 million during the quarter, compared to the consensus estimate of $283.84 million. Guidewire Software had a negative return on equity of 1.29% and a negative net margin of 0.62%. Guidewire Software’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.30 earnings per share.
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Guidewire Software Stock Down 1.1 %
Shares of NYSE:GWRE opened at $180.99 on Monday. The company has a market cap of $14.96 billion, a P/E ratio of -1,392.23 and a beta of 1.18. Guidewire Software has a 52 week low of $85.15 and a 52 week high of $183.23. The business has a fifty day simple moving average of $155.43 and a 200-day simple moving average of $134.52.
Institutional Trading of Guidewire Software
A number of hedge funds and other institutional investors have recently modified their holdings of GWRE. Vanguard Group Inc. increased its holdings in Guidewire Software by 0.8% in the first quarter. Vanguard Group Inc. now owns 8,134,952 shares of the technology company’s stock valued at $949,430,000 after buying an additional 67,439 shares during the last quarter. Wasatch Advisors LP increased its holdings in Guidewire Software by 4.2% in the first quarter. Wasatch Advisors LP now owns 2,874,758 shares of the technology company’s stock valued at $335,513,000 after buying an additional 115,600 shares during the last quarter. Massachusetts Financial Services Co. MA increased its holdings in Guidewire Software by 23.2% in the second quarter. Massachusetts Financial Services Co. MA now owns 2,747,349 shares of the technology company’s stock valued at $378,832,000 after buying an additional 516,942 shares during the last quarter. Linonia Partnership LP increased its holdings in Guidewire Software by 8.4% in the second quarter. Linonia Partnership LP now owns 2,395,601 shares of the technology company’s stock valued at $330,329,000 after buying an additional 185,077 shares during the last quarter. Finally, Whale Rock Capital Management LLC grew its holdings in shares of Guidewire Software by 23.4% during the first quarter. Whale Rock Capital Management LLC now owns 1,270,870 shares of the technology company’s stock valued at $148,323,000 after purchasing an additional 240,622 shares during the last quarter.
Insiders Place Their Bets
In other Guidewire Software news, CEO Michael George Rosenbaum sold 23,379 shares of the business’s stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $172.16, for a total transaction of $4,024,928.64. Following the transaction, the chief executive officer now owns 287,662 shares in the company, valued at $49,523,889.92. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other news, CEO Michael George Rosenbaum sold 23,379 shares of Guidewire Software stock in a transaction dated Tuesday, September 17th. The stock was sold at an average price of $172.16, for a total transaction of $4,024,928.64. Following the sale, the chief executive officer now directly owns 287,662 shares of the company’s stock, valued at $49,523,889.92. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider James Winston King sold 4,514 shares of Guidewire Software stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $172.66, for a total value of $779,387.24. Following the sale, the insider now directly owns 48,237 shares in the company, valued at $8,328,600.42. The disclosure for this sale can be found here. Insiders have sold a total of 52,601 shares of company stock worth $8,984,892 over the last quarter. 0.38% of the stock is owned by corporate insiders.
Guidewire Software Company Profile
Guidewire Software, Inc provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed.
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