Guidewire Software Inc (NYSE:GWRE) CFO Richard Hart sold 3,665 shares of the stock in a transaction on Monday, September 19th. The shares were sold at an average price of $59.53, for a total value of $218,177.45. Following the sale, the chief financial officer now owns 5,369 shares in the company, valued at approximately $319,616.57. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Tuesday, September 20th, Richard Hart sold 2,519 shares of Guidewire Software stock. The shares were sold at an average price of $58.45, for a total value of $147,235.55.
  • On Tuesday, September 6th, Richard Hart sold 375 shares of Guidewire Software stock. The shares were sold at an average price of $63.04, for a total value of $23,640.00.
  • On Monday, August 29th, Richard Hart sold 375 shares of Guidewire Software stock. The shares were sold at an average price of $63.04, for a total value of $23,640.00.
  • On Friday, July 8th, Richard Hart sold 5,526 shares of Guidewire Software stock. The stock was sold at an average price of $63.04, for a total value of $348,359.04.
  • On Thursday, June 23rd, Richard Hart sold 473 shares of Guidewire Software stock. The stock was sold at an average price of $63.04, for a total value of $29,817.92.

Shares of Guidewire Software Inc (NYSE:GWRE) opened at 59.50 on Friday. The firm has a market capitalization of $4.35 billion and a PE ratio of 297.50. Guidewire Software Inc has a 52 week low of $42.32 and a 52 week high of $64.78. The stock has a 50 day moving average price of $61.48 and a 200-day moving average price of $58.76.

Guidewire Software (NYSE:GWRE) last announced its earnings results on Wednesday, September 7th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The company had revenue of $141.18 million for the quarter, compared to analyst estimates of $136.09 million. Guidewire Software’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.35 EPS. Equities analysts anticipate that Guidewire Software Inc will post $0.76 earnings per share for the current year.

A number of brokerages recently weighed in on GWRE. Deutsche Bank AG restated a “buy” rating on shares of Guidewire Software in a research note on Monday, August 1st. Zacks Investment Research cut Guidewire Software from a “buy” rating to a “hold” rating in a research note on Monday, August 1st. TheStreet upgraded Guidewire Software from a “hold” rating to a “buy” rating in a research note on Wednesday, September 7th. JPMorgan Chase & Co. increased their price target on Guidewire Software from $68.00 to $78.00 and gave the company an “overweight” rating in a research note on Thursday, September 8th. Finally, Citigroup Inc. raised their price objective on Guidewire Software from $65.00 to $72.00 and gave the stock a “buy” rating in a research note on Thursday, June 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $71.14.

Several large investors have recently bought and sold shares of GWRE. William Blair Investment Management LLC boosted its stake in Guidewire Software by 3.9% in the second quarter. William Blair Investment Management LLC now owns 5,136,907 shares of the company’s stock valued at $317,255,000 after buying an additional 192,866 shares during the period. Artisan Partners Limited Partnership raised its position in shares of Guidewire Software by 5.5% in the second quarter. Artisan Partners Limited Partnership now owns 5,099,484 shares of the company’s stock valued at $314,944,000 after buying an additional 267,520 shares during the period. Wellington Management Group LLP raised its position 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. Brown Capital Management LLC raised its position in shares of Guidewire Software by 15.7% in the second quarter. Brown Capital Management LLC now owns 2,505,767 shares of the company’s stock valued at $154,756,000 after buying an additional 340,121 shares during the period. Finally, BlackRock Institutional Trust Company N.A. raised its position in shares of Guidewire Software by 1.9% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,766,910 shares of the company’s stock valued at $109,124,000 after buying an additional 32,933 shares during the period.

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

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