This sale was made as part of an automated trading plan, known as the 10b5-1 trading plan, adopted by Rosenbaum on October 15, 2024. After this transaction, Rosenbaum holds 280,330 shares of the company. InvestingPro data reveals that Guidewire (NYSE: ) maintains strong financial health with a current ratio of 2.66, indicating strong liquidity. Subscribers can access 10+ additional professional tips and a comprehensive professional research report for deeper insight into Guidewire’s valuation and growth prospects. InvestingPro data reveals that Guidewire maintains strong financial health with a current ratio of 2.66, indicating strong liquidity. Subscribers can access 10+ additional professional tips and a comprehensive professional research report for deeper insight into Guidewire’s valuation and growth prospects.
This sale was made as part of an automated trading plan, known as the 10b5-1 trading plan, adopted by Rosenbaum on October 15, 2024. After this transaction, Rosenbaum holds 280,330 shares of the company.
In other recent news, Guidewire Software (ETR:) has been at the center of several analyst assessments and key shareholder decisions. DA Davidson reaffirmed its Buy rating for Guidewire, noting the company’s impressive competitive position and strong financial results. The company has also included the software company in its “Best-of-Breed Bison” initiative, which aims to target top companies.
Guidewire shareholders approved critical proposals, including executive compensation and a 2024 stock purchase plan. The company’s healthy current ratio of 2.66 and revenue growth of 12.92% over the past year underscore its strong financial position.
Analyst firms have offered mixed views on Guidewire. DA Davidson raised its price target for Guidewire after a strong fiscal first quarter, while BofA Securities maintained its underperform rating. RBC Capital Markets and Stifel raised their price targets, citing the company’s strong financial results and the closing of several Tier-1 cloud deals. These recent developments reflect the dynamic nature of Guidewire’s market performance.
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