Michael George Rosenbaum, Chief Executive Officer of Guidewire Software, Inc. (NASDAQ:GWRE), recently sold shares of the company's common stock totaling $166,212. The transaction took place on May 26, 2026.
Mr. Rosenbaum disposed of 1,200 shares at a price of $138.51 per share. This sale was conducted automatically pursuant to a 10b5-1 trading plan, which was adopted on October 14, 2025. The transaction comes as Guidewire shares have declined 36% over the past six months, currently trading at $137.36.
Following this transaction, Mr. Rosenbaum directly owns 209,206 shares of Guidewire Software common stock. According to Bond.az analysis, the stock appears overvalued at current levels. Notably, 12 analysts have revised their earnings upwards for the upcoming period.
In other recent news, Guidewire Software reported strong fiscal second-quarter results, with total revenue, annual recurring revenue, and non-GAAP operating income surpassing expectations. The company also raised its fiscal 2026 guidance.
DA Davidson reiterated a Buy rating with a $246.00 price target. Stifel and RBC Capital both lowered their price targets to $250, but maintained positive ratings. Needham reiterated a Hold rating, citing valuation concerns.
