Guidewire Software Inc (NYSE:GWRE) General Counsel James Winston King sold 1,210 shares of the stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $73.60, for a total transaction of $89,056.00. Following the sale, the general counsel now directly owns 3,343 shares in the company, valued at $246,044.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
James Winston King also recently made the following trade(s):
- On Friday, January 5th, James Winston King sold 124 shares of Guidewire Software stock. The shares were sold at an average price of $77.00, for a total transaction of $9,548.00.
Shares of Guidewire Software Inc (NYSE GWRE) traded up $0.04 during mid-day trading on Friday, reaching $77.35. 418,779 shares of the company’s stock traded hands, compared to its average volume of 423,159. Guidewire Software Inc has a 12-month low of $51.00 and a 12-month high of $83.52. The firm has a market cap of $5,826.25, a price-to-earnings ratio of 286.48, a P/E/G ratio of 87.74 and a beta of 1.17.
Guidewire Software (NYSE:GWRE) last announced its quarterly earnings data on Wednesday, November 29th. The technology company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.10). Guidewire Software had a net margin of 3.82% and a return on equity of 3.29%. The firm had revenue of $108.20 million during the quarter, compared to the consensus estimate of $100.61 million. During the same period last year, the business earned $0.02 EPS. The business’s revenue was up 15.0% on a year-over-year basis. equities research analysts predict that Guidewire Software Inc will post 0.06 earnings per share for the current year.
A number of equities analysts have recently weighed in on GWRE shares. Zacks Investment Research cut shares of Guidewire Software from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. Deutsche Bank reissued a “buy” rating and set a $85.00 price target (up from $80.00) on shares of Guidewire Software in a research report on Monday, October 2nd. BidaskClub cut shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 18th. KeyCorp reissued a “buy” rating and set a $86.00 price target on shares of Guidewire Software in a research report on Friday, September 29th. Finally, Citigroup set a $85.00 price objective on shares of Guidewire Software and gave the stock a “buy” rating in a report on Thursday, November 30th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Guidewire Software presently has a consensus rating of “Buy” and an average target price of $80.11.
Several hedge funds have recently made changes to their positions in the stock. D.A. Davidson & CO. boosted its holdings in Guidewire Software by 2,270.8% in the 2nd quarter. D.A. Davidson & CO. now owns 1,541 shares of the technology company’s stock valued at $105,000 after purchasing an additional 1,476 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Guidewire Software by 7.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,205 shares of the technology company’s stock valued at $151,000 after purchasing an additional 150 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in Guidewire Software by 64.2% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,030 shares of the technology company’s stock valued at $158,000 after purchasing an additional 794 shares during the period. Zions Bancorporation bought a new stake in Guidewire Software in the 3rd quarter valued at about $161,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Guidewire Software by 12.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,536 shares of the technology company’s stock valued at $174,000 after purchasing an additional 283 shares during the period.
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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.
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