Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Guidewire Software Inc shares valued at $285,110 were sold by Rosenbaum Michael George on Feb 24 ’25. At $203.65 per share, Rosenbaum Michael George sold 1,400 shares. The insider’s holdings dropped to 271,930 shares worth approximately $54.58 million following the completion of this transaction.
Also, MIKE ROSENBAUM purchased 1,400 shares, netting a total of over 285,110 in proceeds.
Before that, Rosenbaum Michael George had sold 1,400 shares from its account. In a trade valued at $297,388, the Chief Executive Officer traded Guidewire Software Inc shares for $212.42 each. Upon closing the transaction, the insider’s holdings decreased to 1,400 shares, worth approximately $54.86 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 drop of approximately -5.89%. Over the course of the year, Guidewire Software Inc shares have jumped approximately 19.07%. Shares of the company reached a 52-week high of $219.59 on 02/10/25 and a 52-week low of $167.62 on 01/13/25. A 50-day SMA is recorded $191.21, while a 200-day SMA reached $167.06. Nevertheless, trading volume fell to 0.83 million shares from 0.85 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 198.84, which, if violated, would cause prices to drop to 196.96. In the upper region, resistance lies at 203.02. The next price resistance is at 205.32. RSI (Relative Strength Index) is 45.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -10.21, which suggests the price will decrease in the coming days. Percent R is at 81.55%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
