Michael Polelle Sells 208 Shares of Guidewire Software, Inc. (GWRE) Stock

Guidewire Software, Inc. (NYSE:GWRE) insider Michael Polelle sold 208 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $79.31, for a total transaction of $16,496.48. The transaction was disclosed in a filing with the SEC, which is available through this link.

Michael Polelle also recently made the following trade(s):

  • On Monday, September 18th, Michael Polelle sold 625 shares of Guidewire Software stock. The shares were sold at an average price of $77.87, for a total transaction of $48,668.75.

Guidewire Software, Inc. (GWRE) traded up $0.31 during midday trading on Friday, reaching $81.49. 513,373 shares of the company were exchanged, compared to its average volume of 441,969. Guidewire Software, Inc. has a 1-year low of $49.18 and a 1-year high of $83.47. The stock has a market capitalization of $6,120.00, a P/E ratio of 190.19, a PEG ratio of 25.29 and a beta of 1.23.

Guidewire Software (NYSE:GWRE) last posted its earnings results on Wednesday, September 6th. The technology company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.20. The firm had revenue of $181.10 million during the quarter, compared to the consensus estimate of $168.61 million. Guidewire Software had a net margin of 4.13% and a return on equity of 3.59%. The company’s revenue was up 28.3% on a year-over-year basis. During the same quarter last year, the company earned $0.22 earnings per share. analysts forecast that Guidewire Software, Inc. will post 0.2 EPS for the current year.

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GWRE has been the topic of a number of recent analyst reports. Piper Jaffray Companies reissued a “buy” rating and set a $80.00 price target on shares of Guidewire Software in a research report on Sunday, August 27th. BidaskClub upgraded shares of Guidewire Software from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 19th. Zacks Investment Research downgraded shares of Guidewire Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 11th. TheStreet downgraded shares of Guidewire Software from a “b-” rating to a “c+” rating in a report on Monday, August 14th. Finally, Deutsche Bank AG restated a “buy” rating and set a $85.00 price objective (up previously from $80.00) on shares of Guidewire Software in a report on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $80.11.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Guidewire Software by 1.7% in the second quarter. Vanguard Group Inc. now owns 5,789,792 shares of the technology company’s stock worth $397,816,000 after purchasing an additional 96,478 shares in the last quarter. Bamco Inc. NY increased its stake in shares of Guidewire Software by 3.1% in the third quarter. Bamco Inc. NY now owns 5,082,409 shares of the technology company’s stock worth $395,716,000 after purchasing an additional 151,238 shares in the last quarter. BlackRock Inc. increased its stake in shares of Guidewire Software by 3.4% in the second quarter. BlackRock Inc. now owns 3,175,007 shares of the technology company’s stock worth $218,156,000 after purchasing an additional 103,707 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of Guidewire Software by 0.8% in the third quarter. Janus Henderson Group PLC now owns 1,666,688 shares of the technology company’s stock worth $129,768,000 after purchasing an additional 12,949 shares in the last quarter. Finally, Eagle Asset Management Inc. increased its stake in shares of Guidewire Software by 5.1% in the third quarter. Eagle Asset Management Inc. now owns 1,145,732 shares of the technology company’s stock worth $88,828,000 after purchasing an additional 55,885 shares in the last quarter.

Guidewire Software Company Profile

Guidewire Software, Inc is a provider of software products for property and casualty (P&C) insurers. The Company’s software serves as a technology platform for P&C insurance carriers. The Company’s InsurancePlatform consists of three elements: core transaction processing, data management and analytics, and digital engagement.

Insider Buying and Selling by Quarter for Guidewire Software (NYSE:GWRE)

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