Guidewire CEO Michael Rosenbaum sells $166,164 in stock

Guidewire CEO Michael Rosenbaum sells $166,164 in stock

U.S. hits Iran with fresh strikes after Trump earlier reinstated Hormuz blockade Michael George Rosenbaum, Chief Executive Officer of Guidewire Software, Inc. (NASDAQ:GWRE), sold shares of the company’s common stock on July 13, 2026. The transaction involved the disposition of 1,200 shares at a price of $138.47 per share, totaling $166,164. This sale was an automatic transaction executed under a 10b5-1 trading plan, which Mr. Rosenbaum adopted on October 14, 2025.

The sale comes as Guidewire shares currently trade at $140.31, down 32% year-to-date, reflecting broader market pressures on the software company’s valuation. Following this sale, Mr. Rosenbaum directly holds 194,976 shares of Guidewire Software common stock. According to InvestingPro analysis, the stock appears overvalued at current levels.

For deeper insights into Guidewire’s valuation and comprehensive analysis, investors can access the company’s detailed Pro Research Report, available for this and 1,400+ other US equities. In other recent news, Guidewire Software Inc. reported impressive third-quarter earnings for fiscal year 2026, with earnings per share (EPS) of $0.82, surpassing analyst expectations of $0.74. The company’s revenue also exceeded forecasts, reaching $372.5 million compared to the anticipated $355.99 million.

Despite these positive financial results, Guidewire’s annual recurring revenue (ARR) of $1.147 billion grew 19% year-over-year but landed at the midpoint of guidance, slightly below some expectations. In response to these results, several firms adjusted their price targets for Guidewire. Wells Fargo reduced its price target to $190 from $210 while maintaining an Underweight rating.

Stifel also lowered its target to $200 from $225, but kept a Buy rating on the stock. RBC Capital adjusted its price target to $215 from $250, maintaining an Outperform rating. These adjustments reflect the mixed guidance and modest ARR miss reported by Guidewire.