The insider selling cluster is too small relative to market cap to warrant a bearish read. Monitor for any upcoming earnings or material events that could trigger larger insider moves, but this cluster alone is noise. The strong analyst consensus and positive T+20 alpha on prior neutral reports suggest no near-term catalyst from this filing.
Price Chart
Executive Summary
Two top insiders at Guidewire Software sold shares totaling $2.87M in a one-week window, including the CEO and President. The President's $2.66M sale is the dominant trade, representing ~0.02% of market cap — a trivial amount relative to the $15.1B company. This is a routine cluster driven by liquidity and diversification, not a bearish signal, especially given the company's strong analyst consensus and positive historical performance of neutral reports on this ticker.
Key Financial Metrics
Key Facts
- CEO Michael Rosenbaum sold 1,200 shares at $172.88 for $207K on 2026-08-17
- President John Mullen sold 14,400 shares at $185.00 for $2.66M on 2026-08-19
- Total insider selling cluster of $2.87M represents ~0.02% of GWRE's $15.1B market cap
- No insider buying in the cluster; all trades are open-market sales
- 86% of analysts rate GWRE as Buy or Strong Buy
Financial Impact
Total insider sales of $2.87M, or ~0.02% of market cap — immaterial
Risk Factors
- Insider sales could accelerate if management sees headwinds not yet public
- The President's larger sale may be part of a pre-arranged 10b5-1 plan, reducing informational content
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-GWRE-1787292365247 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | Insider Cluster | $192.76 $142.58 | ▼ −26.03% | ▼ −25.70% | $152.15 (−21.07%) |
Aug 27, 2026 5w ago | Insider Cluster | $201.09 $149.72 | ▼ −25.55% | ▼ −25.44% | $152.15 (−24.34%) |
Aug 26, 2026 5w ago | Insider Cluster | $201.09 $149.72 | ▼ −25.55% | ▼ −25.44% | $152.15 (−24.34%) |
Aug 24, 2026 5w ago | Insider Cluster | $188.34 $152.89 | ▼ −18.82% | ▼ −19.07% | $152.15 (−19.22%) |
Aug 20, 2026 6w ago | Insider Cluster | $181.79 $144.29 | ▼ −20.63% | ▼ −20.63% | $152.15 (−16.30%) |
Jul 13, 2026 11w ago | Insider Cluster | $140.71 $176.65 | ▲ +25.54% | ▲ +23.05% | $152.15 (+8.13%) |
Jul 9, 2026 12w ago | Insider Cluster | $136.13 $170.53 | ▲ +25.27% | ▲ +22.84% | $152.15 (+11.77%) |
Jun 29, 2026 13w ago | Insider Cluster | $123.05 $149.28 | ▲ +21.32% | ▲ +22.34% | $152.15 (+23.65%) |
Jun 17, 2026 15w ago | Insider Cluster | $111.17 $148.91 | ▼ −33.95% | ▼ −32.63% | $152.15 (−36.86%) |
Jun 16, 2026 15w ago | 144 | $111.17 $148.91 | ▲ +33.95% | ▲ +32.63% | $152.15 (+36.86%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access