Guidewire Software, Inc. (NYSE:GWRE) CEO Marcus Ryu Sells 25,000 Shares

Guidewire Software, Inc. (NYSE:GWRE) CEO Marcus Ryu sold 25,000 shares of the firm’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $78.80, for a total value of $1,970,000.00. Following the transaction, the chief executive officer now owns 114,178 shares of the company’s stock, valued at $8,997,226.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • On Monday, October 2nd, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The stock was sold at an average price of $78.56, for a total value of $1,964,000.00.
  • On Tuesday, September 19th, Marcus Ryu sold 13,249 shares of Guidewire Software stock. The stock was sold at an average price of $77.79, for a total value of $1,030,639.71.
  • On Friday, September 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The stock was sold at an average price of $75.51, for a total value of $1,887,750.00.

Shares of Guidewire Software, Inc. (GWRE) opened at $80.31 on Monday. Guidewire Software, Inc. has a 12 month low of $49.18 and a 12 month high of $83.47. The stock has a market capitalization of $6,051.93, a P/E ratio of 191.21, a price-to-earnings-growth ratio of 24.22 and a beta of 1.23.

Guidewire Software (NYSE:GWRE) last released its quarterly earnings data 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. Guidewire Software had a return on equity of 3.59% and a net margin of 4.13%. The business had revenue of $181.10 million for the quarter, compared to the consensus estimate of $168.61 million. During the same quarter in the previous year, the company posted $0.22 EPS. The company’s revenue was up 28.3% compared to the same quarter last year. equities analysts predict that Guidewire Software, Inc. will post 0.21 earnings per share for the current year.

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Several research analysts have recently commented on GWRE shares. KeyCorp reaffirmed a “buy” rating and issued a $86.00 price objective on shares of Guidewire Software in a research note on Friday, September 29th. Zacks Investment Research downgraded Guidewire Software from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. TheStreet raised Guidewire Software from a “c+” rating to a “b” rating in a research note on Wednesday, September 6th. BidaskClub downgraded Guidewire Software from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 11th. Finally, ValuEngine raised Guidewire Software from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $80.11.

Institutional investors have recently made changes to their positions in the company. D.A. Davidson & CO. boosted its holdings in shares of Guidewire Software by 2,270.8% in 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 period. The Manufacturers Life Insurance Company boosted its holdings in shares of Guidewire Software by 7.3% in 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 period. BNP Paribas Arbitrage SA boosted its holdings in shares of Guidewire Software by 64.2% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,030 shares of the technology company’s stock worth $158,000 after purchasing an additional 794 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Guidewire Software by 12.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,536 shares of the technology company’s stock worth $174,000 after purchasing an additional 283 shares during the period. Finally, CIBC Asset Management Inc purchased a new position in shares of Guidewire Software in the 3rd quarter worth approximately $200,000.

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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