This insider cluster is too small relative to market cap to warrant any trading action. Monitor for any material increase in insider selling volume (>0.5% of market cap) or a pattern of C-suite sales ahead of an earnings miss, but this cluster alone is noise. The strong historical win rate (60% T+20) on GWRE reports suggests the stock's momentum is intact.
Price Chart
Executive Summary
Three top insiders at Guidewire Software — the CEO, President, and Chief Accounting Officer — sold a combined $1.06M in open-market sales over a four-day window (Aug 24-27). While the cluster includes the CEO and President, the total dollar value is only ~0.006% of GWRE's $16.7B market cap, making this a trivial, routine cluster. Insider sales at this scale are typically liquidity-driven (vesting, tax planning, 10b5-1 plans) and carry no bearish signal, especially given the company's strong analyst consensus (86% bullish) and the historical calibration showing cluster sales are not informative at this proportionality level.
Key Financial Metrics
Key Facts
- CEO Michael Rosenbaum sold 1,200 shares at $187.82 for $225,384 on Aug 24
- President John Mullen sold 1,800 shares at $188.46 for $339,228 on Aug 25
- CAO David Peterson sold 2,500 shares at $200.00 for $500,000 on Aug 27
- Total cluster value of $1.06M represents ~0.006% of GWRE's $16.7B market cap
- All three trades were open-market sales (code S), not tax-withholding or derivative exercises
Financial Impact
Total insider sales of $1.06M, representing ~0.006% of market cap — economically trivial
Risk Factors
- Insider selling could accelerate if the stock continues its recent run-up
- No 10b5-1 plan information provided — if these were pre-planned sales, they carry zero 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-1787900911970 |
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
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