Guidewire Software Inc (GWRE) CFO Sells $29,021.25 in Stock

Guidewire Software Inc (NYSE:GWRE) CFO Richard Hart sold 375 shares of the company’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $77.39, for a total value of $29,021.25. Following the completion of the transaction, the chief financial officer now directly owns 3,819 shares in the company, valued at approximately $295,552.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Richard Hart also recently made the following trade(s):

  • On Friday, January 5th, Richard Hart sold 374 shares of Guidewire Software stock. The stock was sold at an average price of $77.00, for a total transaction of $28,798.00.
  • On Wednesday, December 20th, Richard Hart sold 7,566 shares of Guidewire Software stock. The stock was sold at an average price of $73.00, for a total transaction of $552,318.00.
  • On Monday, December 11th, Richard Hart sold 1,114 shares of Guidewire Software stock. The stock was sold at an average price of $72.80, for a total transaction of $81,099.20.

Shares of Guidewire Software Inc (NYSE GWRE) traded up $1.07 during trading hours on Thursday, reaching $80.74. 14,153 shares of the company were exchanged, compared to its average volume of 475,820. The company has a market capitalization of $5,822.48, a PE ratio of 295.07, a PEG ratio of 131.23 and a beta of 1.13. Guidewire Software Inc has a 12-month low of $54.34 and a 12-month high of $83.52.

Guidewire Software (NYSE:GWRE) last issued its quarterly earnings data on Wednesday, November 29th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.10). The business had revenue of $108.20 million during the quarter, compared to the consensus estimate of $100.61 million. Guidewire Software had a return on equity of 3.29% and a net margin of 3.82%. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.02 earnings per share. research analysts expect that Guidewire Software Inc will post 0.05 EPS for the current year.

Several equities analysts have weighed in on GWRE shares. Zacks Investment Research upgraded shares of Guidewire Software from a “hold” rating to a “buy” rating and set a $87.00 price objective on the stock in a research report on Tuesday, October 24th. TheStreet cut shares of Guidewire Software from a “b” rating to a “c+” rating in a report on Wednesday, November 29th. Deutsche Bank restated a “buy” rating and set a $85.00 price target on shares of Guidewire Software in a report on Thursday, November 30th. BidaskClub cut shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 18th. Finally, DA Davidson initiated coverage on shares of Guidewire Software in a report on Friday, February 2nd. They set a “buy” rating and a $92.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. Guidewire Software presently has a consensus rating of “Buy” and a consensus target price of $81.30.

A number of large investors have recently modified their holdings of the stock. The Manufacturers Life Insurance Company boosted its holdings in Guidewire Software by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 2,205 shares of the technology company’s stock worth $151,000 after purchasing an additional 150 shares in the last quarter. BNP Paribas Arbitrage SA boosted its holdings in Guidewire Software by 64.2% in the third quarter. BNP Paribas Arbitrage SA now owns 2,030 shares of the technology company’s stock worth $158,000 after purchasing an additional 794 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in Guidewire Software by 11.6% in the third quarter. Pacer Advisors Inc. now owns 9,128 shares of the technology company’s stock worth $711,000 after purchasing an additional 950 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in Guidewire Software by 10.5% in the third quarter. Oppenheimer Asset Management Inc. now owns 11,007 shares of the technology company’s stock worth $856,000 after purchasing an additional 1,050 shares in the last quarter. Finally, Granahan Investment Management Inc. MA boosted its holdings in Guidewire Software by 2.4% in the third quarter. Granahan Investment Management Inc. MA now owns 45,011 shares of the technology company’s stock worth $3,505,000 after purchasing an additional 1,055 shares in the last quarter.

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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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