Guidewire software program director Michael Keller sells $338,898 in inventory


Michael C. Keller, a director at Guidewire Software program Inc . (NYSE:GWRE), has bought 1,939 shares of the corporate’s widespread inventory, in response to a current SEC submitting. The shares have been bought at a value of $174.78 every, totaling roughly $338,898. The transaction comes as Guidewire, now valued at $14.58 billion, has delivered a formidable 56.59% return over the previous yr, although InvestingPro evaluation signifies the inventory is at present buying and selling above its Truthful Worth. Following this transaction, Keller retains possession of 14,118 shares within the firm. In line with InvestingPro, which presents complete evaluation of 1,400+ shares by way of its Professional Analysis Reviews, Guidewire maintains a GOOD general monetary well being rating and operates with average debt ranges. The sale was performed as a part of a pre-arranged 10b5-1 buying and selling plan, which was adopted by Keller on October 15, 2024.

In different current information, Guidewire Software program (ETR:SOWGn) has been the topic of varied analyst experiences and shareholder conferences. D.A. Davidson reaffirmed its Purchase ranking for Guidewire, setting a value goal of $226.00, and included the corporate in its “Finest-of-Breed Bison” initiative resulting from its sturdy aggressive positioning and excellent monetary efficiency. BofA Securities, nevertheless, maintained its Underperform ranking on Guidewire, regardless of a powerful gross margin growth to 60.8% and stable efficiency. RBC Capital Markets and Stifel each elevated their value targets for Guidewire, citing the corporate’s sturdy monetary efficiency and noteworthy cloud offers.

By way of governance, Guidewire shareholders accredited key proposals, together with the compensation of government officers and the 2024 Worker Inventory Buy Plan. The corporate’s monetary well being stays sturdy, with a wholesome present ratio of two.66 and income development of 12.92% over the past twelve months.

These are current developments that underline the dynamic nature of Guidewire’s efficiency available in the market. As all the time, traders ought to consult with detailed evaluation and impartial sources for additional insights into the corporate’s development prospects and monetary well being.

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