Investors Purchase High Volume of Call Options on Guidewire Software (NYSE:GWRE)

Core Insights - Guidewire Software reported quarterly earnings of $0.66 per share, meeting analysts' expectations, with revenue of $332.64 million, exceeding the forecast of $316.62 million, marking a 26.5% increase year-over-year [2] - The company has a market capitalization of $17.51 billion, a P/E ratio of 196.10, and a PEG ratio of 13.50, indicating high growth expectations [1] - Analysts have a generally positive outlook on Guidewire Software, with an average price target of $271.29 and a majority rating of "Moderate Buy" [3][4] Financial Performance - Guidewire Software's revenue for the quarter was $332.64 million, up from $263.00 million in the same quarter last year [2] - The company achieved a return on equity of 10.15% and a net margin of 7.23% [2] - The stock has a 12-month low of $165.08 and a high of $272.60, with a current ratio and quick ratio both at 3.48, and a debt-to-equity ratio of 0.44 [1] Analyst Ratings - Raymond James Financial set a price target of $275.00, while Citizens Jmp set a target of $281.00, indicating strong confidence in the stock [3][4] - One analyst rated the stock as a Strong Buy, eleven as Buy, four as Hold, and one as Sell, reflecting a diverse range of opinions among analysts [3][4] Insider Activity - Recent insider sales included CAO David Franklin Peterson selling 358 shares at an average price of $192.08, and insider James Winston King selling 1,860 shares at $195.00 [5] - Insiders sold a total of 57,140 shares worth $11,911,574 in the last ninety days, with insiders owning 0.46% of the company's stock [5] Institutional Investment - AlphaQuest LLC increased its stake by 215.2%, while MetLife Investment Management LLC raised its stake by 1,458.4%, indicating strong institutional interest [7] - Corebridge Financial Inc. boosted its holdings by 9,192.8%, reflecting significant confidence in the company's future [7] Company Overview - Guidewire Software develops software products and cloud services for property and casualty insurance carriers, focusing on policy administration, billing, and claims management [8][9]