Guidewire Software jumps as focus turns to upcoming Q3 results and capital return

Guidewire Software (GWRE) is up 12.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to positioning ahead of Guidewire’s scheduled fiscal Q3 2026 earnings release later this week, with investors leaning into expectations for continued cloud subscription momentum. A previously authorized $500 million share repurchase program may also be reinforcing bullish sentiment by signaling confidence in the company’s cash-generation and capital-allocation plans.

Details:

Guidewire scheduled its fiscal third-quarter 2026 financial results for after the market close on Thursday, June 4, 2026, with a conference call the same day.

The company has discussed annual recurring revenue (ARR) as a key metric, and recent guidance ranges for ARR have been a focal point for near-term expectations heading into the print.

In an SEC filing, Guidewire disclosed board approval of a new share repurchase program authorizing up to $500.0 million of common stock buybacks, with repurchases potentially executed in the open market or privately negotiated transactions.

This could also be amplified by typical pre-earnings repositioning in a mid-cap software name, which can create outsized one-day moves when trading volumes increase.

Sources:

Guidewire Investor Relations, U.S. Securities and Exchange Commission, Zacks

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$GWRE Insider Trading Activity

$GWRE insiders have traded $GWRE stock on the open market 39 times in the past 6 months. Of those trades, 0 have been purchases and 39 have been sales.

Here’s a breakdown of recent trading of $GWRE stock by insiders over the last 6 months:

MICHAEL GEORGE ROSENBAUM (Chief Executive Officer) has made 0 purchases and 26 sales selling 40,552 shares for an estimated $6,674,300.
JOHN P MULLEN (President) has made 0 purchases and 3 sales selling 17,551 shares for an estimated $3,249,656.
JEFFREY ELLIOTT COOPER (Chief Financial Officer) has made 0 purchases and 5 sales selling 11,012 shares for an estimated $1,903,046.
JAMES WINSTON KING (Chief Admin Officer, Gen Couns) has made 0 purchases and 3 sales selling 4,318 shares for an estimated $806,576.
DAVID FRANKLIN PETERSON (Chief Accounting Officer) has made 0 purchases and 2 sales selling 631 shares for an estimated $113,496.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$GWRE Hedge Fund Activity

We have seen 325 institutional investors add shares of $GWRE stock to their portfolio, and 432 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

LINONIA PARTNERSHIP LP added 2,288,402 shares (+42.7%) to their portfolio in Q1 2026, for an estimated $342,253,403
DARSANA CAPITAL PARTNERS LP added 1,500,000 shares (+60.0%) to their portfolio in Q1 2026, for an estimated $224,340,000
BAMCO INC /NY/ added 1,449,903 shares (+28.2%) to their portfolio in Q1 2026, for an estimated $216,847,492
STOCKBRIDGE PARTNERS LLC removed 1,308,771 shares (-90.6%) from their portfolio in Q1 2026, for an estimated $195,739,790
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 1,263,149 shares (-29.7%) from their portfolio in Q1 2026, for an estimated $188,916,564
AQR CAPITAL MANAGEMENT LLC removed 1,101,510 shares (-83.6%) from their portfolio in Q1 2026, for an estimated $164,741,835
CAPITAL WORLD INVESTORS removed 1,006,940 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $150,597,946

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$GWRE Analyst Ratings

Wall Street analysts have issued reports on $GWRE in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BTIG issued a "Buy" rating on 12/17/2025
DA Davidson issued a "Buy" rating on 12/17/2025
Citizens issued a "Market Outperform" rating on 12/12/2025

To track analyst ratings and price targets for $GWRE, check out Quiver Quantitative's $GWRE forecast page.

$GWRE Price Targets

Multiple analysts have issued price targets for $GWRE recently. We have seen 8 analysts offer price targets for $GWRE in the last 6 months, with a median target of $245.5.

Here are some recent targets:

Ken Wong from Oppenheimer set a target price of $180.0 on 05/18/2026
Peter Heckmann from DA Davidson set a target price of $246.0 on 03/10/2026
Allan Verkhovski from BTIG set a target price of $200.0 on 03/06/2026
Rishi Jaluria from RBC Capital set a target price of $250.0 on 03/06/2026
Parker Lane from Stifel set a target price of $250.0 on 03/06/2026
Michael Turrin from Wells Fargo set a target price of $210.0 on 02/04/2026
Aaron Kimson from Citizens set a target price of $300.0 on 12/12/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.