Guidewire Software CFO Jeffrey Cooper sold $52,434 at Investing.com

SAN METO, Calif.—Jeffrey Elliott Cooper, Chief Financial Officer of Guidewire (NYSE: Software (ETR:) Inc. (NYSE:GWRE), recently executed a sale of company shares, in a filing with the Securities and Exchange Commission. The transaction, which took place on January 15th, sold 300 shares of common stock at $174.78 per share, for a total of $52,434. The sale comes as Guidewire, now valued at $14.58 billion, has shown strong momentum with a 56.59% return over the past year.

The sale was made pursuant to an automated 10b5-1 trading plan approved by Cooper on October 15, 2024. Following this transaction, Cooper will directly own 73,494 shares of Guidewire Software. As he says Invest Pro Analysis, the company maintains a “good” overall financial health score with liquid assets exceeding short-term liabilities.

Investors often monitor insider trading activity that can help a company’s prospects, although such transactions may be planned in advance and may not reflect the insider’s future company performance.

In other recent news, DA Davidson reaffirmed a buy rating on Guidewire Software, setting a price target of $226.00. This decision underscores Guidewire’s competitive position and strong financial performance, including 13% revenue growth. In addition, the company was included in the list of high-ranking companies with a strong financial position in the “Best-of-Breed Bison” initiative.

Guidewire Software shareholders approved key proposals, including executive officer compensation and the 2024 employee stock purchase plan. These approvals indicate a strong consensus among shareholders regarding the company’s direction.

Analyst notes from different companies gave mixed responses. While DA Davidson upgraded its Guidewire price target, BofA Securities maintained its Underperform rating. On the other hand, RBC Capital Markets increased its price target, citing strong financial performance and successful cloud deals.

These are among the latest developments for Guidewire Software that indicate dynamic and growing market performance.

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