Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Guidewire Software Inc shares valued at $282,660 were sold by Rosenbaum Michael George on Jan 27 ’25. At $201.90 per share, Rosenbaum Michael George sold 1,400 shares. The insider’s holdings dropped to 277,530 shares worth approximately $57.54 million following the completion of this transaction.
Also, MIKE ROSENBAUM purchased 1,400 shares, netting a total of over 282,660 in proceeds.
Before that, Mullen John P had sold 700 shares from its account. In a trade valued at $147,000, the President traded Guidewire Software Inc shares for $210.00 each. Upon closing the transaction, the insider’s holdings decreased to 700 shares, worth approximately $36.85 million.
As published in their initiating research note from Goldman on January 23, 2025, Guidewire Software Inc [GWRE] has been a Buy and the price target has been revised to $210. Analysts at Raymond James started covering the stock with ‘”an Outperform”‘ outlook in a report released in early February. As of December 20, 2023, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for GWRE. Earlier on December 08, 2023, Oppenheimer resumed its rating. Their recommendation was “an Outperform” for GWRE stock.
Analyzing GWRE Stock Performance
During the last five days, there has been a surge of approximately 13.00%. Over the course of the year, Guidewire Software Inc shares have jumped approximately 22.99%. Shares of the company reached a 52-week high of $212.00 on 01/23/25 and a 52-week low of $167.62 on 01/13/25. A 50-day SMA is recorded $184.79, while a 200-day SMA reached $157.58. Nevertheless, trading volume fell to 1.27 million shares from 1.28 million shares the previous day.
Support And Resistance Levels for Guidewire Software Inc (GWRE)
According to the 24-hour chart, there is a support level at 204.43, which, if violated, would cause prices to drop to 201.53. In the upper region, resistance lies at 209.51. The next price resistance is at 211.69. RSI (Relative Strength Index) is 75.70 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 19.34, which suggests the price will increase in the coming days. Percent R is at 10.50%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
