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SAN MATEO, CA—Jeffrey Elliott Cooper, Chief Monetary Officer of Guidewire (NYSE:GWRE) Software program (ETR:SOWGn), Inc. (NYSE:GWRE), not too long ago executed a sale of firm shares, based on a submitting with the Securities and Alternate Fee. The transaction, which came about on January 15, concerned the sale of 300 shares of widespread inventory at a worth of $174.78 per share, totaling $52,434. The sale comes as Guidewire, presently valued at $14.58 billion, has demonstrated sturdy momentum with a 56.59% return over the previous 12 months.
The sale was performed underneath an automated 10b5-1 buying and selling plan, which Cooper adopted on October 15, 2024. Following this transaction, Cooper retains direct possession of 73,494 shares of Guidewire Software program. In line with InvestingPro evaluation, the corporate maintains a “GOOD” total monetary well being rating, with liquid property exceeding short-term obligations.
Buyers typically monitor insider buying and selling exercise for potential insights into the corporate’s prospects, though such transactions will be deliberate nicely upfront and won’t essentially mirror the insider’s view on the corporate’s future efficiency.
In different current information, D.A. Davidson has reaffirmed its Purchase score for Guidewire Software program, setting a worth goal of $226.00. This choice emphasizes Guidewire’s aggressive positioning and sturdy monetary efficiency, together with a income progress of 13%. As well as, the corporate has been included within the “Greatest-of-Breed Bison” initiative, a listing of top-tier firms with sturdy monetary standings.
Guidewire Software program’s shareholders have additionally accepted key proposals, together with government officer compensation and the 2024 Worker Inventory Buy Plan. These approvals point out a powerful consensus amongst shareholders concerning the corporate’s course.
Analyst notes from numerous corporations have supplied combined responses. Whereas DA Davidson has upgraded its worth goal for Guidewire, BofA Securities has maintained its underperform score. However, RBC Capital Markets has elevated its worth goal, citing sturdy monetary efficiency and profitable cloud offers.
These are among the many current developments for Guidewire Software program, indicating a dynamic and evolving market efficiency.
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