[144] GUIDEWIRE SOFTWARE, INC. SEC Filing
Rhea-AI Filing Summary
Guidewire Software, Inc. (GWRE) has filed a Form 144, indicating the intended sale of 1,585 common shares with an aggregate market value of $395,380.31. The planned trade is scheduled for 18 June 2025 through Morgan Stanley Smith Barney on the NYSE. The filing also discloses that the same insider—identified in prior sales data as Jeffrey Cooper—has sold 4,933 shares for total proceeds of $1.11 million over the last three months (2,826 shares on 17 June 2025 and 2,107 shares on 19 March 2025).
The proposed sale represents less than 0.002 % of GWRE’s outstanding 84.2 million shares, suggesting limited dilution or market-supply impact. No relationship to the issuer or additional adverse information was provided, and the filer affirmed that no undisclosed material information is known. While insider sales can sometimes be viewed negatively, the relatively small size versus float keeps the market impact minimal.
Positive
- None.
Negative
- Continued insider selling: Filing follows 4,933 shares already sold in the past three months, potentially signaling reduced insider confidence, though dollar value is modest.
Insights
TL;DR: Minor insider sale (1,585 shares) after recent disposals; size immaterial, sentiment mildly negative, overall market impact negligible.
The Form 144 signals another planned disposition by insider Jeffrey Cooper, adding to 4,933 shares already sold in the past quarter. The cumulative 6,518-share program is worth roughly $1.5 million, modest against GWRE’s $9-plus billion market cap and 84 million shares outstanding. No price, earnings, or operational data accompany the notice, so valuation fundamentals remain unchanged. Still, serial insider selling can be interpreted as lukewarm confidence, warranting monitoring by investors, although the transaction’s scale is far too small to affect liquidity or valuation metrics.