Guidewire Software, Inc. (GWRE) Director Sells $44,094.00 in Stock

Guidewire Software, Inc. (NYSE:GWRE) Director Craig Conway sold 600 shares of Guidewire Software stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $73.49, for a total transaction of $44,094.00. Following the sale, the director now owns 10,904 shares of the company’s stock, valued at $801,334.96. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Craig Conway also recently made the following trade(s):

  • On Wednesday, November 15th, Craig Conway sold 600 shares of Guidewire Software stock. The shares were sold at an average price of $79.23, for a total transaction of $47,538.00.
  • On Monday, October 16th, Craig Conway sold 600 shares of Guidewire Software stock. The shares were sold at an average price of $78.51, for a total transaction of $47,106.00.

Guidewire Software, Inc. (NYSE GWRE) traded up $0.11 during trading hours on Monday, reaching $74.34. 409,562 shares of the company’s stock were exchanged, compared to its average volume of 473,537. The firm has a market capitalization of $5,594.12, a PE ratio of 185.58, a PEG ratio of 84.24 and a beta of 1.18. Guidewire Software, Inc. has a 52 week low of $49.18 and a 52 week high of $83.52.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings data on Wednesday, November 29th. The technology company reported ($0.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.10). The company had revenue of $108.20 million for the quarter, compared to analyst estimates of $100.61 million. Guidewire Software had a return on equity of 3.29% and a net margin of 3.82%. The business’s revenue 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. sell-side analysts forecast that Guidewire Software, Inc. will post 0.06 EPS for the current year.

Several equities analysts recently issued reports on GWRE shares. TheStreet upgraded shares of Guidewire Software from a “c+” rating to a “b” rating in a research note on Wednesday, September 6th. Piper Jaffray Companies reiterated a “buy” rating and issued a $80.00 target price on shares of Guidewire Software in a research note on Sunday, August 27th. KeyCorp reiterated a “buy” rating and issued a $75.00 target price on shares of Guidewire Software in a research note on Friday, August 25th. Citigroup reiterated a “buy” rating and issued a $85.00 target price (up from $79.00) on shares of Guidewire Software in a research note on Thursday, September 7th. Finally, Deutsche Bank reiterated a “buy” rating and issued a $85.00 target price (up from $80.00) on shares of Guidewire Software in a research note on Monday, October 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $80.11.

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Guidewire Software by 1.7% during the second 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 during the period. Bamco Inc. NY raised its position in Guidewire Software by 3.1% during the third 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 during the period. BlackRock Inc. raised its position in Guidewire Software by 3.4% during the second 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 during the period. Janus Henderson Group PLC raised its position in Guidewire Software by 0.8% during the third 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 during the period. Finally, Eagle Asset Management Inc. raised its position in Guidewire Software by 5.1% during the third 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 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.

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

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