Guidewire Software (NYSE:GWRE) CFO Jeffrey Elliott Cooper Sells 1,232 Shares of Stock

Guidewire Software, Inc. (NYSE:GWRE) CFO Jeffrey Elliott Cooper sold 1,232 shares of Guidewire Software stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $195.00, for a total value of $240,240.00. Following the transaction, the chief financial officer owned 72,969 shares in the company, valued at $14,228,955. This represents a 1.66% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Jeffrey Elliott Cooper also recently made the following trade(s):

• On Tuesday, December 16th, Jeffrey Elliott Cooper sold 2,872 shares of Guidewire Software stock. The shares were sold at an average price of $192.08, for a total value of $551,653.76.

Guidewire Software Stock Up 1.8%

Guidewire Software stock opened at $197.46 on Friday. Guidewire Software, Inc. has a twelve month low of $165.08 and a twelve month high of $272.60. The company has a debt-to-equity ratio of 0.44, a quick ratio of 3.48 and a current ratio of 3.48. The firm has a market cap of $16.79 billion, a PE ratio of 188.06, a P/E/G ratio of 12.70 and a beta of 1.08. The firm’s 50 day moving average price is $222.39 and its two-hundred day moving average price is $228.16.

Guidewire Software (NYSE:GWRE) last issued its earnings results on Wednesday, December 3rd. The technology company reported $0.66 EPS for the quarter, meeting analysts’ consensus estimates of $0.66. The firm had revenue of $332.64 million for the quarter, compared to the consensus estimate of $316.62 million. Guidewire Software had a return on equity of 10.15% and a net margin of 7.23%.The business’s quarterly revenue was up 26.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 earnings per share. On average, research analysts predict that Guidewire Software, Inc. will post 0.52 EPS for the current fiscal year.

Institutional Trading of Guidewire Software

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. IFP Advisors Inc lifted its holdings in Guidewire Software by 4.6% in the third quarter. IFP Advisors Inc now owns 1,104 shares of the technology company’s stock valued at $254,000 after buying an additional 49 shares during the period. Earned Wealth Advisors LLC grew its stake in shares of Guidewire Software by 5.4% in the 3rd quarter. Earned Wealth Advisors LLC now owns 989 shares of the technology company’s stock valued at $227,000 after buying an additional 51 shares during the period. Smartleaf Asset Management LLC increased its position in Guidewire Software by 9.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 624 shares of the technology company’s stock valued at $145,000 after buying an additional 53 shares in the last quarter. PDS Planning Inc raised its position in shares of Guidewire Software by 6.4% during the third quarter. PDS Planning Inc now owns 911 shares of the technology company’s stock worth $209,000 after purchasing an additional 55 shares during the period. Finally, American Trust increased its stake in Guidewire Software by 3.9% during the 3rd quarter. American Trust now owns 1,632 shares of the technology company’s stock valued at $375,000 after purchasing an additional 61 shares in the last quarter.

Analyst Ratings Changes

GWRE has been the topic of a number of analyst reports. DA Davidson raised Guidewire Software from a “neutral” rating to a “buy” rating and increased their price objective for the company from $246.00 to $250.00 in a report on Wednesday. The Goldman Sachs Group boosted their target price on shares of Guidewire Software from $270.00 to $305.00 and gave the stock a “buy” rating in a research report on Friday, September 5th. Robert W. Baird raised their price target on Guidewire Software from $270.00 to $288.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Wall Street Zen downgraded Guidewire Software from a “buy” rating to a “hold” rating in a research note on Friday, November 28th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $250.00 price target on shares of Guidewire Software in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Guidewire Software currently has a consensus rating of “Moderate Buy” and an average target price of $271.29.

About Guidewire Software

Guidewire Software, Inc provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed.