GWRE

Guidewire Software (GWRE) Price Target Increased by 9.89% to 114.32

The average one-year price target for Guidewire Software (NYSE:GWRE) has been revised to 114.32 / share. This is an increase of 9.89% from the prior estimate of 104.04 dated November 26, 2023.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 80.80 to a high of 136.50 / share. The average price target represents an increase of 14.30% from the latest reported closing price of 100.02 / share.

What is the Fund Sentiment?

There are 700 funds or institutions reporting positions in Guidewire Software. This is an increase of 12 owner(s) or 1.74% in the last quarter. Average portfolio weight of all funds dedicated to GWRE is 0.48%, an increase of 7.94%. Total shares owned by institutions decreased in the last three months by 0.05% to 98,076K shares. GWRE / Guidewire Software Inc Put/Call Ratios The put/call ratio of GWRE is 0.70, indicating a bullish outlook.

What are Other Shareholders Doing?

GWRE / Guidewire Software Inc Shares Held by Institutions

Bamco holds 6,239K shares representing 7.61% ownership of the company. In it's prior filing, the firm reported owning 6,202K shares, representing an increase of 0.59%. The firm increased its portfolio allocation in GWRE by 24.87% over the last quarter.

Stockbridge Partners holds 4,021K shares representing 4.91% ownership of the company. In it's prior filing, the firm reported owning 4,706K shares, representing a decrease of 17.03%. The firm increased its portfolio allocation in GWRE by 10.18% over the last quarter.

Brown Capital Management holds 2,933K shares representing 3.58% ownership of the company. In it's prior filing, the firm reported owning 2,939K shares, representing a decrease of 0.18%. The firm increased its portfolio allocation in GWRE by 27.58% over the last quarter.

Wasatch Advisors holds 2,873K shares representing 3.51% ownership of the company. In it's prior filing, the firm reported owning 2,933K shares, representing a decrease of 2.10%. The firm increased its portfolio allocation in GWRE by 20.93% over the last quarter.

Route One Investment Company holds 2,866K shares representing 3.50% ownership of the company. No change in the last quarter.

Guidewire Software Background Information
(This description is provided by the company.)

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. Guidewire combines digital, core, analytics, and AI to deliver our platform as a cloud service. More than 400 insurers, from new ventures to the largest and most complex in the world, run on Guidewire. As a partner to its customers, Guidewire continually evolves to enable their success. With 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry, its marketplace provides hundreds of applications that accelerate integration, localization, and innovation.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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