King James Winston Sells Shares of GWRE
Winston sold 999 shares of GWRE on June 16, 2026, for $118,621.26.
Key Points
- King James Winston, GWRE's Chief Admin Officer, sold 999 shares on June 16, 2026, at an average price of $118.74, totaling $118,621.26.
- Shares of GWRE traded at $120.03, with institutional investors like BlackRock holding significant stakes.
- Analysts from firms such as DA Davidson and Goldman Sachs maintain a 'buy' rating with targets up to $225.
On June 16, 2026, King James Winston, who serves as the Chief Administrative Officer and General Counsel at GWRE, sold 999 shares of the company. The shares were sold at an average price of $118.74 each, amounting to a total transaction value of $118,621.26. This sale was not part of a pre-arranged trading plan.
Other Institutional Activity in GWRE
Several institutional investors have been active in GWRE recently. BlackRock, Inc. increased its holdings by 442,097 shares, bringing its total to 9,327,701 shares valued at approximately $1.40 billion. Linonia Partnership LP significantly boosted its stake by 2,288,402 shares, now holding 7,651,130 shares worth about $1.14 billion. BAMCO Inc /NY/ also expanded its position by 1,449,903 shares, totaling 6,597,453 shares with a value of roughly $986.7 million. Meanwhile, Darsana Capital Partners LP added 1,500,000 shares, reaching a total of 4,000,000 shares valued at $598.24 million.
GWRE Stock Snapshot
Shares of GWRE are trading around $120.03. The stock has been closely watched by institutional investors, with several funds holding substantial positions. GWRE's market activity reflects its appeal in the financial markets.
Insider Buying and Selling at GWRE
Aside from Winston, other insiders have been trading GWRE shares. David Franklin Peterson, the Chief Accounting Officer, sold 246 shares at $118.74 on June 16, 2026, under a planned arrangement. John Mullen, the President, sold 4,292 shares, and Jeffrey Elliott Cooper, the Chief Financial Officer, sold 2,594 shares on the same day. Michael George Rosenbaum, the CEO, executed two sales: 5,830 shares on June 16 under a planned sale and 1,200 shares at $123.85 on June 15, also planned.
Analysts Set New Price Targets
Analysts have been maintaining a positive outlook on GWRE. On June 8, 2026, DA Davidson maintained a 'buy' rating with a price target of $222. Goldman Sachs and Stifel also kept their 'buy' ratings with price targets of $225 and $200, respectively, on June 5, 2026. RBC Capital and Wells Fargo echoed this sentiment, setting targets at $215 and $190. Overall, the consensus among analysts is a 'buy' rating, with the mean target price reflecting confidence in GWRE's potential.
About GWRE
GWRE is a company involved in providing software solutions for the insurance industry. It develops and delivers platforms that help insurers manage their operations effectively. The company is known for its innovative approach and has a wide-reaching influence in the sector.
Bottom Line
King James Winston's recent sale of GWRE shares is part of a broader pattern of insider activity. While these transactions give insight into insider sentiment, they do not necessarily predict future stock performance. Investors often track insider transactions alongside institutional activity and analyst ratings to gauge potential market movements. As always, remember that such filings are backward-looking and may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
