Guidewire software program president sells $401,994 in inventory

John P. Mullen (NASDAQ:MULN), President of Guidewire (NYSE:GWRE) Software program (ETR:SOWGn), Inc. (NYSE:GWRE), executed a sale of firm inventory on January 15, 2025. The transaction comes as Guidewire, at the moment valued at $14.58 billion, has delivered a powerful 56.59% return over the previous 12 months, with the inventory buying and selling close to its 52-week excessive of $209.15. In accordance with the SEC submitting, Mullen offered 2,300 shares of widespread inventory at a value of $174.78 per share, amounting to a complete transaction worth of $401,994. This sale was carried out as a part of an computerized buying and selling plan established underneath Rule 10b5-1, which Mullen adopted on October 15, 2024. Following this transaction, Mullen holds 178,446 shares straight. In accordance with InvestingPro evaluation, Guidewire maintains a GOOD monetary well being rating, although present metrics counsel the inventory could also be buying and selling above its Truthful Worth. Uncover 12 extra unique ProTips and complete valuation metrics with InvestingPro.

In different latest information, Guidewire Software program has witnessed vital developments. D.A. Davidson reaffirmed its Purchase ranking for Guidewire inventory, with a value goal of $226.00, spotlighting the corporate’s strong aggressive place and excellent monetary efficiency. The agency’s analysts included Guidewire of their “Finest-of-Breed Bison” initiative, which seeks to highlight top-tier corporations.

Guidewire Software program’s shareholders have permitted key proposals, together with the compensation of government officers and the 2024 Worker Inventory Buy Plan. The corporate’s sound monetary well being was highlighted with a wholesome present ratio of two.66 and a income progress of 12.92% during the last twelve months.

Analysts have been energetic of their evaluation of Guidewire. DA Davidson upgraded its value goal for Guidewire following a powerful fiscal first quarter and up to date fiscal 2025 monetary steering, sustaining a purchase ranking. Nevertheless, BofA Securities maintained its underperform ranking regardless of the corporate’s strong efficiency and a powerful gross margin growth to 60.8%.

RBC Capital Markets elevated its value goal for Guidewire citing the corporate’s robust monetary efficiency and the closing of 5 Tier-1 cloud offers. Stifel additionally raised its value goal, highlighting Guidewire’s robust begin to the fiscal 12 months, underlined by 9 cloud offers, together with 5 with Tier 1 shoppers. These latest developments mirror the dynamic nature of Guidewire’s efficiency available in the market.

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