Guidewire Software Inc (NYSE:GWRE) Director Craig Conway sold 600 shares of the firm’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $77.99, for a total transaction of $46,794.00. Following the completion of the sale, the director now owns 10,893 shares of the company’s stock, valued at approximately $849,545.07. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Craig Conway also recently made the following trade(s):
- On Friday, December 15th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $73.49, for a total transaction of $44,094.00.
- On Wednesday, November 15th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $79.23, for a total transaction of $47,538.00.
Guidewire Software Inc (NYSE GWRE) opened at $76.68 on Friday. The company has a market cap of $5,700.39, a PE ratio of 284.00, a price-to-earnings-growth ratio of 85.84 and a beta of 1.17. Guidewire Software Inc has a 12-month low of $51.00 and a 12-month high of $83.52.
Guidewire Software (NYSE:GWRE) last posted its earnings results on Wednesday, November 29th. The technology company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.10). The business had revenue of $108.20 million for the quarter, compared to analysts’ expectations of $100.61 million. Guidewire Software had a net margin of 3.82% and a return on equity of 3.29%. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same period last year, the business posted $0.02 EPS. analysts anticipate that Guidewire Software Inc will post 0.06 earnings per share for the current year.
GWRE has been the subject of a number of research analyst reports. KeyCorp reiterated a “buy” rating and set a $86.00 price objective on shares of Guidewire Software in a report on Friday, September 29th. Deutsche Bank reiterated 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. Zacks Investment Research lowered shares of Guidewire Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 11th. BidaskClub lowered shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 18th. Finally, Citigroup set a $85.00 price objective on shares of Guidewire Software and gave the company a “buy” rating in a report on Thursday, November 30th. One analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. Guidewire Software currently has an average rating of “Buy” and an average price target of $80.11.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. State of Alaska Department of Revenue purchased a new position in Guidewire Software during the 4th quarter valued at about $363,000. Schwab Charles Investment Management Inc. increased its position in Guidewire Software by 6.6% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 348,836 shares of the technology company’s stock valued at $25,905,000 after purchasing an additional 21,742 shares during the period. Bank of Montreal Can increased its position in Guidewire Software by 98.0% during the 4th quarter. Bank of Montreal Can now owns 6,530 shares of the technology company’s stock valued at $485,000 after purchasing an additional 3,232 shares during the period. Sit Investment Associates Inc. purchased a new position in Guidewire Software during the 4th quarter valued at about $2,230,000. Finally, Atlantic Trust Group LLC purchased a new position in Guidewire Software during the 3rd quarter valued at about $39,989,000.
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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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