Guidewire Software, Inc. (NYSE:GWRE) CFO Richard Hart sold 3,996 shares of Guidewire Software stock in a transaction that occurred on Wednesday, September 20th. The stock was sold at an average price of $77.05, for a total value of $307,891.80. Following the sale, the chief financial officer now directly owns 4,158 shares in the company, valued at approximately $320,373.90. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

  • On Tuesday, September 19th, Richard Hart sold 3,641 shares of Guidewire Software stock. The stock was sold at an average price of $77.79, for a total value of $283,233.39.
  • On Tuesday, September 5th, Richard Hart sold 375 shares of Guidewire Software stock. The stock was sold at an average price of $75.57, for a total value of $28,338.75.
  • On Monday, August 7th, Richard Hart sold 375 shares of Guidewire Software stock. The stock was sold at an average price of $70.94, for a total value of $26,602.50.
  • On Wednesday, July 5th, Richard Hart sold 375 shares of Guidewire Software stock. The stock was sold at an average price of $68.37, for a total value of $25,638.75.

Guidewire Software, Inc. (NYSE GWRE) opened at 78.64 on Monday. Guidewire Software, Inc. has a 52-week low of $49.18 and a 52-week high of $81.46. The company has a market cap of $5.90 billion, a P/E ratio of 280.86 and a beta of 1.24. 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 issued its quarterly earnings results on Wednesday, September 6th. The technology company reported $0.59 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.20. The business had revenue of $181.10 million for the quarter, compared to the consensus estimate of $168.61 million. Guidewire Software had a return on equity of 3.59% and a net margin of 4.13%. The firm’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.22 earnings per share. Equities research analysts anticipate that Guidewire Software, Inc. will post $1.03 EPS for the current fiscal year.

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GWRE has been the topic of several recent research reports. BidaskClub raised Guidewire Software from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 19th. Piper Jaffray Companies reissued a “buy” rating and set a $80.00 price objective on shares of Guidewire Software in a report on Sunday, August 27th. TheStreet lowered Guidewire Software from a “b-” rating to a “c+” rating in a report on Monday, August 14th. Bank of America Corporation lifted their price objective on Guidewire Software from $74.00 to $76.00 and gave the stock a “neutral” rating in a report on Thursday, September 7th. Finally, Zacks Investment Research upgraded Guidewire Software from a “hold” rating to a “strong-buy” rating and set a $92.00 target price for the company in a research report on Tuesday, September 12th. Four analysts have rated the stock with a hold rating, seven have given a buy rating and three have issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $78.89.

Large investors have recently modified their holdings of the stock. BlackRock Inc. boosted its holdings in shares of Guidewire Software by 33,371.0% in the 1st 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 in the last quarter. Wellington Management Group LLP boosted its holdings in shares of Guidewire Software by 51.4% in the 1st 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 in the last quarter. Janus Henderson Group PLC acquired a new stake in shares of Guidewire Software in the 2nd quarter valued at $113,628,000. Harbour Capital Advisors LLC acquired a new stake in shares of Guidewire Software in the 2nd quarter valued at $6,700,000. Finally, Champlain Investment Partners LLC boosted its holdings in shares of Guidewire Software by 25.3% in the 1st 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 in the last quarter.

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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