Guidewire Software CEO Sells 1,200 Shares as ARR Tops $1.147B, Guidance Raised
GWRE•Guidewire CEO Michael George sold 1,200 shares at $131.63 each, reducing his stake to 196,176 shares. The company raised fiscal 2026 operating cash flow guidance to $365–$380 million after Q3 free cash flow of $53.7 million and 19% ARR growth to $1.147 billion.
1. Insider Sale Details
CEO Rosenbaum Michael George sold 1,200 shares at $131.63 each on July 6, reducing his stake to 196,176 shares in the company.
2. Q3 Financial Performance
In the third quarter, Guidewire generated $61.2 million in operating cash flow and $53.7 million in free cash flow. Annual recurring revenue rose over 19% to $1.147 billion, and subscription and support revenue increased 34.6%, enhancing non-GAAP operating income.
3. Guidance and Valuation Outlook
Management raised fiscal 2026 operating cash flow guidance to $365 million–$380 million, driven by strong cloud adoption. Intrinsic value is estimated at $202.50 per share, though risks include large deal timing, rising costs and challenges scaling AI products.
