SAN MATEO, CA—Michael George Rosenbaum, Chief Government Officer of Guidewire Software program Inc . (NYSE:GWRE), not too long ago offered 1,400 shares of the corporate’s frequent inventory. The sale, executed on January 21, 2025, was accomplished at a value of $179.91 per share, totaling $251,874. The transaction comes as Guidewire, now valued at $15.2 billion, has delivered spectacular returns of over 57% prior to now 12 months. In keeping with InvestingPro evaluation, the inventory seems to be buying and selling above its Honest Worth, with sturdy monetary well being metrics.
Following this transaction, Rosenbaum retains direct possession of 278,930 shares within the firm. The sale was carried out below an automated 10b5-1 buying and selling plan, which Rosenbaum adopted on October 15, 2024. The corporate maintains wholesome liquidity with a present ratio of two.66, and InvestingPro subscribers can entry 12 extra key insights about Guidewire’s monetary place and development prospects by the great Professional Analysis Report.
In different current information, Guidewire Software program (ETR:SOWGn)’s spectacular monetary efficiency, marked by a 13% income development, has garnered consideration from numerous analyst companies. D.A. Davidson reaffirmed its Purchase score for the corporate, highlighting its sturdy aggressive place and inclusion of their “Finest-of-Breed Bison” initiative. As well as, the agency left its value goal for Guidewire unchanged at $226.00, reflecting a gradual constructive outlook.
Alternatively, BofA Securities maintained its Underperform score on Guidewire regardless of the corporate’s stable efficiency and robust gross margin growth to 60.8%. RBC Capital Markets and Stifel raised their value targets citing Guidewire’s sturdy monetary efficiency and the closing of great cloud offers.
In different firm information, Guidewire’s shareholders authorized key proposals, together with the compensation of government officers and the 2024 Worker Inventory Buy Plan. These are current developments that present perception into Guidewire’s present state and future route.
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