Down 43% Over the Last Year, CEO Trims Holdings, Sells 1,200 Shares of Software Stock
Stock has declined 43% over the past year, though the CEO retains $27.8 million in direct holdings after the sale.
Michael George Rosenbaum, CEO of Guidewire Software, Inc. (GWRE), divested 1,200 shares of the company's common stock on September 8, 2026, as reported in an SEC Form 4 filing. The transaction's value was calculated based on the weighted average sale price of $160.52, while the post-transaction value was determined using the market close price of $149.71 on the same day.
Guidewire, a leading enterprise software provider specializing in the property and casualty insurance industry, boasts a substantial market capitalization of $12.8 billion and serves a global clientele. With around 4,049 employees, the company has built a formidable competitive advantage through its integrated platform approach and extensive knowledge of insurance operations.
This expertise enables Guidewire's clients to optimize operations and elevate customer experiences. The company's recent performance is exemplified by its trailing twelve-month (TTM) revenue of $1.5 billion and net income of $139.3 million, reflecting the financial strength and profitability of an enterprise software provider catering to essential insurance functions.
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