Guidewire Software Inc (NYSE:GWRE) General Counsel James Winston King sold 3,638 shares of the company’s stock in a transaction dated Tuesday, September 20th. The stock was sold at an average price of $58.43, for a total transaction of $212,568.34. Following the sale, the general counsel now directly owns 3,638 shares of the company’s stock, valued at approximately $212,568.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

James Winston King also recently made the following trade(s):

  • On Monday, September 19th, James Winston King sold 2,306 shares of Guidewire Software stock. The stock was sold at an average price of $59.53, for a total transaction of $137,276.18.
  • On Tuesday, September 13th, James Winston King sold 564 shares of Guidewire Software stock. The stock was sold at an average price of $61.45, for a total transaction of $34,657.80.
  • On Monday, August 15th, James Winston King sold 562 shares of Guidewire Software stock. The stock was sold at an average price of $62.05, for a total transaction of $34,872.10.
  • On Wednesday, July 13th, James Winston King sold 561 shares of Guidewire Software stock. The stock was sold at an average price of $64.00, for a total transaction of $35,904.00.

Guidewire Software Inc (NYSE:GWRE) opened at 58.09 on Thursday. The stock has a 50 day moving average of $61.52 and a 200-day moving average of $58.76. The company has a market cap of $4.24 billion and a PE ratio of 290.45. Guidewire Software Inc has a 12-month low of $42.32 and a 12-month high of $64.78.

Guidewire Software (NYSE:GWRE) last announced its quarterly earnings data on Wednesday, September 7th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.07. The firm earned $141.18 million during the quarter, compared to analysts’ expectations of $136.09 million. During the same period last year, the business posted $0.35 EPS. The company’s revenue was up 12.1% compared to the same quarter last year. On average, equities research analysts anticipate that Guidewire Software Inc will post $0.76 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the company. Wellington Management Group LLP raised its stake in shares of Guidewire Software by 44.0% in the first quarter. Wellington Management Group LLP now owns 4,266,255 shares of the company’s stock valued at $232,425,000 after buying an additional 1,304,174 shares during the period. Geode Capital Management LLC raised its stake in shares of Guidewire Software by 8.5% in the first quarter. Geode Capital Management LLC now owns 474,215 shares of the company’s stock valued at $25,835,000 after buying an additional 37,249 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Guidewire Software by 30.3% in the first quarter. Goldman Sachs Group Inc. now owns 658,463 shares of the company’s stock valued at $35,873,000 after buying an additional 153,049 shares during the period. UBS Group AG raised its stake in shares of Guidewire Software by 45.8% in the first quarter. UBS Group AG now owns 21,095 shares of the company’s stock valued at $1,150,000 after buying an additional 6,622 shares during the period. Finally, State Street Corp raised its stake in shares of Guidewire Software by 2.7% in the first quarter. State Street Corp now owns 1,273,842 shares of the company’s stock valued at $69,403,000 after buying an additional 33,481 shares during the period.

GWRE has been the subject of several recent analyst reports. Bank of America Corp. cut shares of Guidewire Software from a “neutral” rating to an “underperform” rating and set a $60.00 price objective for the company. in a research report on Friday, September 16th. They noted that the move was a valuation call. Piper Jaffray Cos. started coverage on shares of Guidewire Software in a research report on Tuesday, May 31st. They set an “overweight” rating and a $65.00 price objective for the company. TheStreet raised shares of Guidewire Software from a “hold” rating to a “buy” rating in a report on Wednesday, September 7th. Deutsche Bank AG reissued a “buy” rating on shares of Guidewire Software in a report on Monday, August 1st. Finally, Zacks Investment Research cut shares of Guidewire Software from a “buy” rating to a “hold” rating in a report on Monday, August 1st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the stock. Guidewire Software presently has an average rating of “Buy” and an average target price of $71.14.

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. Its platform consists of three products: core transaction processing, data management and analytics, and digital engagement.

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