SAN MATEO, CA—King James Winston, the Chief Administrative Officer and General Counsel of Guidewire (NYSE:) Software (ETR:), Inc. (NYSE:GWRE), sold a portion of his holdings in the company. According to a recent filing, Winston sold 270 shares of common stock on January 15, 2025. The shares were sold at a price of $174.78 each, for a total of $47,190. The transaction comes as Guidewire, which is now worth $14.58 billion, has seen its stock grow 56.59% over the past year, according to InvestingPro data.

Following the transaction, Winston held 45,664 shares in the company. This sale was automatically executed under a 10b5-1 trading plan, which Winston adopted on October 15, 2024. Such plans allow insiders to set up a predetermined schedule for purchases or selling stock, which helps avoid potential conflicts of interest. InvestingPro The analysis shows that the company maintains strong financial health with a GOOD overall rating, while analyst targets range from $135 to $231 per share. Access 12 additional exclusive ProTips and comprehensive financial analysis through InvestingPro’s detailed research reports.

In other recent news, Guidewire Software is getting attention from various analyst firms. DA Davidson reaffirmed its Buy rating for the company, highlighting its inclusion in the “Best-of-Breed Bison” initiative due to its strong competitive position and financial performance. This is bolstered by revenue growth of 13% and a healthy current ratio of 2.66. DA Davidson’s price target for Guidewire remained steady at $226.00.

On a similar note, DA Davidson upgraded Guidewire’s price target after a strong fiscal first quarter and updated financial guidance to fiscal 2025. RBC Capital Markets also raised its price target it for Guidewire, citing the company’s strong financial performance and the closing of five Tier-1 cloud deals. However, BofA Securities maintained its negative rating on Guidewire, despite the company’s strong performance and strong gross margin expansion to 60.8%.

Recent developments also include Guidewire Software shareholders approving key proposals, including the compensation of executive officers and the 2024 Employee Stock Purchase Plan. These recent developments reflect the dynamic nature of Guidewire’s performance in the marketplace.

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