Guidewire Software, Inc. (NYSE:GWRE) COO Priscilla Hung sold 2,043 shares of Guidewire Software stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $77.79, for a total value of $158,924.97. Following the completion of the sale, the chief operating officer now directly owns 4,524 shares in the company, valued at approximately $351,921.96. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Priscilla Hung also recently made the following trade(s):

  • On Wednesday, September 20th, Priscilla Hung sold 2,234 shares of Guidewire Software stock. The shares were sold at an average price of $77.20, for a total transaction of $172,464.80.
  • On Thursday, September 14th, Priscilla Hung sold 209 shares of Guidewire Software stock. The shares were sold at an average price of $78.03, for a total transaction of $16,308.27.
  • On Tuesday, September 5th, Priscilla Hung sold 136 shares of Guidewire Software stock. The shares were sold at an average price of $75.57, for a total transaction of $10,277.52.
  • On Monday, August 14th, Priscilla Hung sold 208 shares of Guidewire Software stock. The shares were sold at an average price of $69.61, for a total transaction of $14,478.88.
  • On Friday, August 4th, Priscilla Hung sold 135 shares of Guidewire Software stock. The shares were sold at an average price of $71.48, for a total transaction of $9,649.80.
  • On Thursday, July 13th, Priscilla Hung sold 208 shares of Guidewire Software stock. The shares were sold at an average price of $70.62, for a total transaction of $14,688.96.
  • On Wednesday, July 5th, Priscilla Hung sold 135 shares of Guidewire Software stock. The shares were sold at an average price of $68.37, for a total transaction of $9,229.95.

Guidewire Software, Inc. (NYSE GWRE) opened at 78.64 on Friday. The firm has a market capitalization of $5.90 billion, a P/E ratio of 280.86 and a beta of 1.24. Guidewire Software, Inc. has a 12 month low of $49.18 and a 12 month high of $81.46. The company’s 50 day moving average price is $73.70 and its 200 day moving average price is $66.23.

Guidewire Software (NYSE:GWRE) last released its earnings results on Wednesday, September 6th. The technology company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.39 by $0.20. Guidewire Software had a net margin of 4.13% and a return on equity of 3.59%. The business had revenue of $181.10 million during the quarter, compared to analyst estimates of $168.61 million. During the same period in the prior year, the business earned $0.22 earnings per share. The business’s quarterly revenue was up 28.3% on a year-over-year basis. Analysts anticipate that Guidewire Software, Inc. will post $1.03 EPS for the current year.

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A number of hedge funds have recently added to or reduced their stakes in GWRE. BlackRock Inc. lifted its stake in Guidewire Software by 33,371.0% during the first quarter. BlackRock Inc. now owns 3,071,300 shares of the technology company’s stock valued at $173,006,000 after purchasing an additional 3,062,124 shares during the last quarter. Wellington Management Group LLP lifted its stake in Guidewire Software by 51.4% during the first quarter. Wellington Management Group LLP now owns 6,377,813 shares of the technology company’s stock valued at $359,261,000 after purchasing an additional 2,165,143 shares during the last quarter. Janus Henderson Group PLC acquired a new stake in Guidewire Software during the second quarter valued at approximately $113,628,000. Harbour Capital Advisors LLC acquired a new stake in Guidewire Software during the second quarter valued at approximately $6,700,000. Finally, Champlain Investment Partners LLC lifted its stake in Guidewire Software by 25.3% during the first quarter. Champlain Investment Partners LLC now owns 2,156,880 shares of the technology company’s stock valued at $121,497,000 after purchasing an additional 435,600 shares during the last quarter.

GWRE has been the subject of a number of research reports. Stifel Nicolaus lifted their price target on shares of Guidewire Software from $61.00 to $70.00 and gave the company a “hold” rating in a research report on Friday, June 2nd. UBS AG lifted their price target on shares of Guidewire Software from $72.00 to $77.00 and gave the company a “buy” rating in a research report on Friday, June 2nd. ValuEngine upgraded shares of Guidewire Software from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Bank of America Corporation reiterated a “neutral” rating and set a $74.00 price target (up from $68.00) on shares of Guidewire Software in a research report on Saturday, June 3rd. Finally, Piper Jaffray Companies upgraded Guidewire Software from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $70.00 to $75.00 in a research report on Tuesday, June 13th. Four research analysts have rated the stock with a hold rating, seven have given a buy rating and three have given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $78.89.

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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