Guidewire Software Inc (NYSE:GWRE) CEO Marcus Ryu sold 20,000 shares of the company’s stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $92.95, for a total value of $1,859,000.00. Following the transaction, the chief executive officer now directly owns 20,276 shares of the company’s stock, valued at $1,884,654.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Marcus Ryu also recently made the following trade(s):

  • On Thursday, November 1st, Marcus Ryu sold 20,000 shares of Guidewire Software stock. The stock was sold at an average price of $89.04, for a total value of $1,780,800.00.
  • On Monday, October 1st, Marcus Ryu sold 20,822 shares of Guidewire Software stock. The stock was sold at an average price of $100.34, for a total value of $2,089,279.48.
  • On Tuesday, September 18th, Marcus Ryu sold 15,935 shares of Guidewire Software stock. The stock was sold at an average price of $105.31, for a total value of $1,678,114.85.

GWRE traded down $4.96 on Thursday, hitting $84.76. 2,601,010 shares of the company were exchanged, compared to its average volume of 685,684. Guidewire Software Inc has a 12 month low of $71.20 and a 12 month high of $107.79. The firm has a market capitalization of $7.27 billion, a PE ratio of 941.78, a PEG ratio of 43.98 and a beta of 1.29. The company has a debt-to-equity ratio of 0.21, a quick ratio of 5.43 and a current ratio of 5.43.

Guidewire Software (NYSE:GWRE) last released its earnings results on Tuesday, December 4th. The technology company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.18. Guidewire Software had a positive return on equity of 3.38% and a negative net margin of 0.72%. The business had revenue of $179.70 million for the quarter, compared to analyst estimates of $162.24 million. During the same quarter in the prior year, the company posted ($0.06) earnings per share. Guidewire Software’s revenue was up 66.1% on a year-over-year basis. On average, research analysts forecast that Guidewire Software Inc will post 0.26 earnings per share for the current year.

Several research analysts have recently weighed in on GWRE shares. TheStreet raised Guidewire Software from a “c” rating to a “b-” rating in a research report on Thursday, September 6th. Deutsche Bank upped their price objective on Guidewire Software to $110.00 and gave the stock a “buy” rating in a research report on Friday, September 21st. DA Davidson upped their price objective on Guidewire Software to $118.00 and gave the stock a “buy” rating in a research report on Friday, September 21st. They noted that the move was a valuation call. Zacks Investment Research raised Guidewire Software from a “hold” rating to a “buy” rating and set a $107.00 price objective for the company in a research report on Tuesday, October 9th. Finally, Stifel Nicolaus upped their price objective on Guidewire Software from $93.00 to $106.00 and gave the stock a “hold” rating in a research report on Friday, September 21st. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Guidewire Software has an average rating of “Buy” and an average target price of $109.60.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. B & T Capital Management DBA Alpha Capital Management raised its holdings in Guidewire Software by 3.7% during the third quarter. B & T Capital Management DBA Alpha Capital Management now owns 16,079 shares of the technology company’s stock worth $1,624,000 after acquiring an additional 572 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in Guidewire Software by 5.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 12,232 shares of the technology company’s stock valued at $1,086,000 after buying an additional 630 shares during the period. Legal & General Group Plc raised its stake in Guidewire Software by 1.8% in the second quarter. Legal & General Group Plc now owns 41,037 shares of the technology company’s stock valued at $3,643,000 after buying an additional 745 shares during the period. Tocqueville Asset Management L.P. raised its stake in Guidewire Software by 33.3% in the third quarter. Tocqueville Asset Management L.P. now owns 4,000 shares of the technology company’s stock valued at $404,000 after buying an additional 1,000 shares during the period. Finally, Night Owl Capital Management LLC raised its stake in Guidewire Software by 2.0% in the third quarter. Night Owl Capital Management LLC now owns 51,396 shares of the technology company’s stock valued at $5,192,000 after buying an additional 1,001 shares during the period.

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Guidewire Software Company Profile

Guidewire Software, Inc provides software products for property and casualty insurers worldwide. The company offers Guidewire InsuranceSuite comprising Guidewire PolicyCenter, BillingCenter, and ClaimCenter applications. It also provides Guidewire InsuranceNow, a cloud-based platform, which offers policy, billing, and claims management functionality to insurers that prefer to subscribe to a cloud-based solution.

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Insider Buying and Selling by Quarter for Guidewire Software (NYSE:GWRE)

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