Michael George Rosenbaum, serving as both Chief Executive Officer and a director at Guidewire Software, Inc. (NASDAQ: GWRE), has recently reported the sale of company common stock. The total value of these transactions reached $840,891. The sales were executed at prices varying between $118.743 and $123.85 per share. According to a Form 4 filing, Mr. Rosenbaum disposed of 1,200 shares on June 15, 2026, at a price of $123.85 per share. This sale was an automatic transaction executed under a 10b5-1 trading plan, which Mr. Rosenbaum adopted on October 14, 2025.
On June 16, 2026, an additional 5,830 shares were sold at a price of $118.743 per share. These shares were sold by Guidewire Software to cover taxes associated with the settlement of Restricted Stock Units. Following these transactions, Mr. Rosenbaum directly owns 199,776 shares of Guidewire Software common stock.
These transactions occur as Guidewire trades near its 52-week low of $113.67, with shares down 53% over the past year. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value. For deeper insights into Guidewire's valuation and comprehensive analysis, investors can access the detailed Pro Research Report, available for this and 1,400+ other US equities.
In other recent news, Guidewire Software Inc. reported its third-quarter earnings for fiscal year 2026, surpassing analyst forecasts with an earnings per share (EPS) of $0.82 compared to the expected $0.74. The company's revenue also exceeded expectations, reaching $372.5 million against the projected $355.99 million. Despite these strong financial results, the company's stock experienced a sharp decline in after-hours trading. Additionally, Guidewire's annual recurring revenue (ARR) for the third quarter was $1.147 billion, reflecting a 19% increase year-over-year, though it came in at the midpoint of guidance. Analysts from Wells Fargo, Stifel, and RBC Capital have recently adjusted their price targets for Guidewire, citing various reasons including a modest ARR miss and mixed full-year guidance. Wells Fargo lowered its price target to $190 while maintaining an Underweight rating, and Stifel reduced its target to $200 while keeping a Buy rating. RBC Capital also adjusted its price target to $215, maintaining an Outperform rating. These developments highlight the mixed sentiment among analysts regarding Guidewire's future performance.
Guidewire Software Inc. reported its third-quarter earnings for fiscal year 2026, surpassing analyst forecasts with an earnings per share (EPS) of $0.82 compared to the expected $0.74. The company's revenue also exceeded expectations, reaching $372.5 million against the projected $355.99 million. Despite these strong financial results, the company's stock experienced a sharp decline in after-hours trading. Additionally, Guidewire's annual recurring revenue (ARR) for the third quarter was $1.147 billion, reflecting a 19% increase year-over-year, though it came in at the midpoint of guidance. Analysts from Wells Fargo, Stifel, and RBC Capital have recently adjusted their price targets for Guidewire, citing various reasons including a modest ARR miss and mixed full-year guidance. Wells Fargo lowered its price target to $190 while maintaining an Underweight rating, and Stifel reduced its target to $200 while keeping a Buy rating. RBC Capital also adjusted its price target to $215, maintaining an Outperform rating. These developments highlight the mixed sentiment among analysts regarding Guidewire's future performance.
Guidewire Software Inc. reported its third-quarter earnings for fiscal year 2026, surpassing analyst forecasts with an earnings per share (EPS) of $0.82 compared to the expected $0.74. The company's revenue also exceeded expectations, reaching $372.5 million against the projected $355.99 million. Despite these strong financial results, the company's stock experienced a sharp decline in after-hours trading. Additionally, Guidewire's annual recurring revenue (ARR) for the third quarter was $1.147 billion, reflecting a 19% increase year-over-year, though it came in at the midpoint of guidance. Analysts from Wells Fargo, Stifel, and RBC Capital have recently adjusted their price targets for Guidewire, citing various reasons including a modest ARR miss and mixed full-year guidance. Wells Fargo lowered its price target to $190 while maintaining an Underweight rating, and Stifel reduced its target to $200 while keeping a Buy rating. RBC Capital also adjusted its price target to $215, maintaining an Outperform rating. These developments highlight the mixed sentiment among analysts regarding Guidewire's future performance.