Insider Selling: Guidewire Software, Inc. (GWRE) COO Sells $10,505.70 in Stock

Guidewire Software, Inc. (NYSE:GWRE) COO Priscilla Hung sold 135 shares of the business’s stock in a transaction dated Wednesday, October 4th. The stock was sold at an average price of $77.82, for a total transaction of $10,505.70. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

  • On Wednesday, September 20th, Priscilla Hung sold 2,234 shares of Guidewire Software stock. The stock was sold at an average price of $77.20, for a total transaction of $172,464.80.
  • On Tuesday, September 19th, Priscilla Hung sold 2,043 shares of Guidewire Software stock. The stock was sold at an average price of $77.79, for a total transaction of $158,924.97.
  • On Thursday, September 14th, Priscilla Hung sold 209 shares of Guidewire Software stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $70.62, for a total transaction of $14,688.96.

Shares of Guidewire Software, Inc. (NYSE:GWRE) opened at 78.24 on Friday. The stock has a market capitalization of $5.87 billion, a P/E ratio of 279.43 and a beta of 1.22. Guidewire Software, Inc. has a 1-year low of $49.18 and a 1-year high of $81.46. The stock has a 50 day moving average of $76.30 and a 200-day moving average of $67.97.

Guidewire Software (NYSE:GWRE) last released its earnings results on Wednesday, September 6th. The technology company reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 for the quarter, compared to analysts’ expectations of $168.61 million. During the same period last year, the company earned $0.22 earnings per share. The company’s quarterly revenue was up 28.3% on a year-over-year basis. Equities research analysts predict that Guidewire Software, Inc. will post $1.03 earnings per share for the current fiscal year.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in GWRE. BlackRock Inc. boosted its position in shares of Guidewire Software by 33,371.0% in the first quarter. BlackRock Inc. now owns 3,071,300 shares of the technology company’s stock worth $173,006,000 after acquiring an additional 3,062,124 shares during the last quarter. Janus Henderson Group PLC acquired a new stake in shares of Guidewire Software in the second quarter worth approximately $113,628,000. Harbour Capital Advisors LLC acquired a new stake in shares of Guidewire Software in the second quarter worth approximately $6,700,000. Champlain Investment Partners LLC boosted its position in shares of Guidewire Software by 25.3% in the first quarter. Champlain Investment Partners LLC now owns 2,156,880 shares of the technology company’s stock worth $121,497,000 after acquiring an additional 435,600 shares during the last quarter. Finally, Wasatch Advisors Inc. acquired a new stake in shares of Guidewire Software in the second quarter worth approximately $28,037,000.

A number of equities analysts recently weighed in on GWRE shares. Piper Jaffray Companies upgraded shares of Guidewire Software from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $70.00 to $75.00 in a research report on Tuesday, June 13th. Jefferies Group LLC upgraded shares of Guidewire Software from a “neutral” rating to an “overweight” rating in a report on Tuesday, June 13th. J P Morgan Chase & Co started coverage on shares of Guidewire Software in a report on Tuesday, June 13th. They issued an “overweight” rating on the stock. Zacks Investment Research upgraded shares of Guidewire Software from a “hold” rating to a “buy” rating and set a $78.00 target price on the stock in a report on Wednesday, July 12th. Finally, BidaskClub upgraded shares of Guidewire Software from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 3rd. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $80.67.

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)

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

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