Marcus Ryu Sells 9,435 Shares of Guidewire Software Inc (GWRE) Stock

Guidewire Software Inc (NYSE:GWRE) CEO Marcus Ryu sold 9,435 shares of Guidewire Software stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $73.60, for a total transaction of $694,416.00. Following the transaction, the chief executive officer now directly owns 84,831 shares in the company, valued at $6,243,561.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Marcus Ryu also recently made the following trade(s):

  • On Tuesday, January 2nd, Marcus Ryu sold 20,000 shares of Guidewire Software stock. The shares were sold at an average price of $74.06, for a total transaction of $1,481,200.00.
  • On Friday, December 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The shares were sold at an average price of $73.26, for a total transaction of $1,831,500.00.
  • On Wednesday, November 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The shares were sold at an average price of $78.80, for a total transaction of $1,970,000.00.
  • On Monday, October 2nd, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The shares were sold at an average price of $78.56, for a total transaction of $1,964,000.00.

Shares of Guidewire Software Inc (NYSE:GWRE) traded up $0.58 on Thursday, reaching $77.26. 49,735 shares of the company traded hands, compared to its average volume of 536,743. Guidewire Software Inc has a 1 year low of $50.99 and a 1 year high of $83.52. The stock has a market cap of $5,830.00, a P/E ratio of 309.04, a P/E/G ratio of 87.43 and a beta of 1.17.

Guidewire Software (NYSE:GWRE) last announced its earnings results on Wednesday, November 29th. The technology company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.10). Guidewire Software had a return on equity of 3.29% and a net margin of 3.82%. The business had revenue of $108.20 million for the quarter, compared to analysts’ expectations of $100.61 million. During the same period in the previous year, the company earned $0.02 earnings per share. Guidewire Software’s quarterly revenue was up 15.0% on a year-over-year basis. analysts anticipate that Guidewire Software Inc will post 0.06 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Guidewire Software by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 5,789,792 shares of the technology company’s stock worth $397,816,000 after acquiring an additional 96,478 shares in the last quarter. Bamco Inc. NY grew its holdings in Guidewire Software by 3.1% during the 3rd quarter. Bamco Inc. NY now owns 5,082,409 shares of the technology company’s stock worth $395,716,000 after acquiring an additional 151,238 shares in the last quarter. BlackRock Inc. grew its holdings in Guidewire Software by 3.4% during the 2nd quarter. BlackRock Inc. now owns 3,175,007 shares of the technology company’s stock worth $218,156,000 after acquiring an additional 103,707 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Guidewire Software by 0.8% during the 3rd quarter. Janus Henderson Group PLC now owns 1,666,688 shares of the technology company’s stock worth $129,768,000 after acquiring an additional 12,949 shares in the last quarter. Finally, Eagle Asset Management Inc. grew its holdings in Guidewire Software by 5.1% during the 3rd quarter. Eagle Asset Management Inc. now owns 1,145,732 shares of the technology company’s stock worth $88,828,000 after acquiring an additional 55,885 shares in the last quarter.

A number of equities research analysts have recently issued reports on GWRE shares. Zacks Investment Research downgraded shares of Guidewire Software from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Deutsche Bank reissued a “buy” rating and issued a $85.00 price target (up from $80.00) on shares of Guidewire Software in a research note on Monday, October 2nd. TheStreet downgraded shares of Guidewire Software from a “b” rating to a “c+” rating in a research note on Wednesday, November 29th. Finally, BidaskClub downgraded shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $80.11.

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About Guidewire Software

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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