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

Guidewire Software Inc (NYSE:GWRE) CEO Marcus Ryu sold 9,435 shares of the firm’s stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $73.60, for a total transaction of $694,416.00. Following the completion of the transaction, the chief executive officer now owns 84,831 shares in the company, valued at $6,243,561.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

  • 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.

Guidewire Software Inc (GWRE) traded down $1.03 during midday trading on Wednesday, reaching $73.31. 660,500 shares of the company’s stock traded hands, compared to its average volume of 474,303. The firm has a market cap of $5,602.42, a price-to-earnings ratio of 185.85, a price-to-earnings-growth ratio of 84.37 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 released 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). The business had revenue of $108.20 million for 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%. Guidewire Software’s revenue was up 15.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.02 earnings per share. equities research analysts forecast that Guidewire Software Inc will post 0.06 earnings per share for the current year.

GWRE has been the topic of a number of research analyst reports. KeyCorp reiterated a “buy” rating and issued a $86.00 target price on shares of Guidewire Software in a research note on Friday, September 29th. Stifel Nicolaus raised their price target on shares of Guidewire Software from $70.00 to $75.00 and gave the stock a “hold” rating in a research report on Thursday, September 7th. Zacks Investment Research upgraded shares of Guidewire Software from a “hold” rating to a “buy” rating and set a $87.00 price target on the stock in a research report on Tuesday, October 24th. Deutsche Bank restated a “buy” rating and issued a $85.00 price target on shares of Guidewire Software in a research report on Thursday, November 30th. Finally, BidaskClub lowered shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 18th. One equities research 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 has an average rating of “Buy” and an average price target of $80.11.

Several large investors have recently added to or reduced their stakes in the company. DF Dent & Co. Inc. lifted its holdings in shares of Guidewire Software by 30.1% during the 3rd quarter. DF Dent & Co. Inc. now owns 17,925 shares of the technology company’s stock worth $1,396,000 after acquiring an additional 4,150 shares during the period. Neuberger Berman Group LLC bought a new position in shares of Guidewire Software during the 3rd quarter worth about $386,000. California Public Employees Retirement System lifted its holdings in shares of Guidewire Software by 12.3% during the 3rd quarter. California Public Employees Retirement System now owns 99,256 shares of the technology company’s stock worth $7,728,000 after acquiring an additional 10,856 shares during the period. Bamco Inc. NY lifted its holdings in shares of 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 during the period. Finally, Cubist Systematic Strategies LLC bought a new position in shares of Guidewire Software during the 3rd quarter worth about $1,161,000.

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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.

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

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