Peterson David Franklin Sells Shares of GWRE

Chief Accounting Officer David Franklin sold 246 shares of GWRE on June 16, 2026.

Key Points

  • On June 16, 2026, Peterson David Franklin sold 246 shares of GWRE for $29,210.04 under a planned sale.
  • GWRE shares are trading at $120.03 with active institutional interest, including major holdings by BlackRock and Vanguard.
  • Analysts maintain a positive outlook on GWRE, with price targets ranging from $180 to $246.

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Peterson David Franklin, the Chief Accounting Officer of GWRE, sold 246 shares of the company on June 16, 2026. The shares were sold at an average price of $118.74, totaling $29,210.04. This transaction was part of a planned sale.

Other Institutional Activity in GWRE

Institutional investors have been active in GWRE. BlackRock, Inc. increased its holdings by 442,097 shares, ending with 9,327,701 shares worth about $1.40 billion. Linonia Partnership LP boosted its stake by 2,288,402 shares to a total of 7,651,130 shares valued at approximately $1.14 billion. Bamco Inc /NY/ added 1,449,903 shares, bringing its total to 6,597,453 shares worth nearly $986.7 million. Vanguard Portfolio Management LLC acquired 4,594,571 shares, while Darsana Capital Partners LP expanded its position by 1,500,000 shares, now holding 4,000,000 shares valued at $598.2 million.

Guidewire Software, Inc. Stock Down 41.7%

Shares of GWRE are trading around $120.03. The stock has attracted significant attention from institutional investors, reflected in recent increases in major holdings.

Insider Buying and Selling at Guidewire Software, Inc.

On June 16, 2026, several insiders sold GWRE shares. John Mullen, the President, sold 4,292 shares, while Jeffrey Elliott Cooper, the Chief Financial Officer, sold 2,594 shares. Michael George Rosenbaum, the CEO, sold 5,830 shares on the same day as part of a planned sale, and an additional 1,200 shares on June 15, 2026. James Winston King, Chief Admin Officer, sold 999 shares.

Analysts Set New Price Targets

Analysts have maintained a positive view on GWRE. On June 8, 2026, DA Davidson maintained a 'buy' rating with a $222 price target. Goldman Sachs and Stifel also upheld their 'buy' ratings with targets of $225 and $200, respectively, on June 5, 2026. Other firms like RBC Capital and Citizens set targets at $215 and $220, respectively. The consensus remains optimistic, with a mean target price reflecting strong confidence in the stock's future performance.

About GWRE

GWRE is a technology company specializing in software solutions for the insurance industry. Headquartered in Foster City, California, GWRE develops and markets software that helps insurance companies manage their operations, including underwriting, billing, and claims management. The company is led by CEO Michael George Rosenbaum and employs a skilled workforce dedicated to advancing insurance technology.

Bottom Line

Peterson David Franklin's planned sale of GWRE shares is part of broader insider activity. With institutions like BlackRock and Vanguard increasing their stakes, there's notable interest in the stock. Analysts remain bullish, maintaining 'buy' ratings with significant price targets. As always, it's important to remember that such filings reflect past actions and may not indicate current positions.

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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.