Guidewire Software, Inc. (NYSE:GWRE) CFO Richard Hart sold 1,114 shares of Guidewire Software stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $72.80, for a total value of $81,099.20. Following the transaction, the chief financial officer now owns 4,776 shares of the company’s stock, valued at $347,692.80. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

  • On Thursday, October 5th, Richard Hart sold 375 shares of Guidewire Software stock. The stock was sold at an average price of $77.40, for a total value of $29,025.00.
  • On Wednesday, September 20th, Richard Hart sold 3,996 shares of Guidewire Software stock. The stock was sold at an average price of $77.05, for a total value of $307,891.80.
  • 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.

Guidewire Software, Inc. (NYSE:GWRE) traded up $0.05 during trading hours on Wednesday, reaching $73.61. The company had a trading volume of 654,200 shares, compared to its average volume of 473,657. The firm has a market cap of $5,543.64, a PE ratio of 183.90, a P/E/G ratio of 83.48 and a beta of 1.18. Guidewire Software, Inc. has a 1-year low of $49.18 and a 1-year high of $83.52.

Guidewire Software (NYSE:GWRE) last released its quarterly earnings results on Wednesday, November 29th. The technology company reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.10). The firm had revenue of $108.20 million for the quarter, compared to analyst estimates of $100.61 million. Guidewire Software had a return on equity of 3.29% and a net margin of 3.82%. The business’s revenue for the quarter 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 analysts forecast that Guidewire Software, Inc. will post 0.06 EPS for the current year.

GWRE has been the subject of several research analyst reports. TheStreet upgraded Guidewire Software from a “c+” rating to a “b” rating in a research note on Wednesday, September 6th. Piper Jaffray Companies reiterated a “buy” rating and set a $80.00 target price on shares of Guidewire Software in a research note on Sunday, August 27th. KeyCorp reiterated a “buy” rating and set a $75.00 target price on shares of Guidewire Software in a research note on Friday, August 25th. Deutsche Bank reiterated a “buy” rating and set a $85.00 target price (up from $80.00) on shares of Guidewire Software in a research note on Monday, October 2nd. Finally, Citigroup reiterated a “buy” rating and set a $85.00 target price (up from $79.00) on shares of Guidewire Software in a research note on Thursday, September 7th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $80.11.

A number of large investors have recently added to or reduced their stakes in GWRE. D.A. Davidson & CO. lifted its holdings in Guidewire Software by 2,270.8% during the 2nd quarter. D.A. Davidson & CO. now owns 1,541 shares of the technology company’s stock worth $105,000 after purchasing an additional 1,476 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Guidewire Software by 7.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,205 shares of the technology company’s stock worth $151,000 after purchasing an additional 150 shares during the last quarter. BNP Paribas Arbitrage SA raised its holdings in Guidewire Software by 64.2% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,030 shares of the technology company’s stock valued at $158,000 after acquiring an additional 794 shares in the last quarter. Zions Bancorporation acquired a new position in Guidewire Software in the 3rd quarter valued at $161,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Guidewire Software by 12.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,536 shares of the technology company’s stock valued at $174,000 after acquiring an additional 283 shares in the last quarter.

ILLEGAL ACTIVITY WARNING: This story was published by Daily Political and is the property of of Daily Political. If you are accessing this story on another site, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this story can be viewed at https://www.dailypolitical.com/2017/12/13/guidewire-software-inc-gwre-cfo-richard-hart-sells-1114-shares-of-stock.html.

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)

Receive News & Ratings for Guidewire Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guidewire Software and related companies with MarketBeat.com's FREE daily email newsletter.