New insider activity at Guidewire ( (GWRE) ) has taken place on March 21, 2025.
CFO Jeffrey Elliott Cooper recently executed a significant transaction by selling 1,956 shares of Guidewire stock, amounting to a total value of $370,485. This move highlights a notable shift in stock holdings by a key executive within the company.
Recent Updates on GWRE stock
Guidewire Software Inc. recently reported its Q2 earnings, showcasing strong financial performance with a 20% year-over-year increase in total revenue to $289 million and a 35% rise in subscription and support revenue. The company highlighted significant achievements, including the closure of 12 cloud deals and a robust cloud ecosystem, which contributed to its impressive results. Despite challenges such as high costs associated with convertible notes retirement and service revenue constraints, Guidewire’s forward-looking guidance remains optimistic. The company raised its ARR outlook, driven by a strong sales pipeline and successful cloud migrations. The positive earnings report and strategic focus on cloud services have bolstered investor confidence, reflected in the company’s raised financial outlook and continued growth trajectory.
More about Guidewire
YTD Price Performance: 15.79%
Average Trading Volume: 1,247,351
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $16.05B