Guidewire Software Inc (GWRE) CEO Sells $1,481,200.00 in Stock

Guidewire Software Inc (NYSE:GWRE) CEO Marcus Ryu sold 20,000 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $74.06, for a total transaction of $1,481,200.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

  • On Tuesday, December 19th, Marcus Ryu sold 9,435 shares of Guidewire Software stock. The shares were sold at an average price of $73.60, for a total transaction of $694,416.00.
  • On Friday, December 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The shares were sold at an average price of $73.26, for a total transaction of $1,831,500.00.
  • On Wednesday, November 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The shares were sold at an average price of $78.80, for a total transaction of $1,970,000.00.

Guidewire Software Inc (NYSE:GWRE) opened at $77.35 on Friday. The company has a market cap of $5,826.25, a PE ratio of 286.48, a price-to-earnings-growth ratio of 87.74 and a beta of 1.17. Guidewire Software Inc has a one year low of $51.00 and a one year high of $83.52.

Guidewire Software (NYSE:GWRE) last announced its quarterly earnings results on Wednesday, November 29th. The technology company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.10). The business had revenue of $108.20 million for the quarter, compared to the consensus estimate of $100.61 million. Guidewire Software had a return on equity of 3.29% and a net margin of 3.82%. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.02 EPS. equities analysts forecast that Guidewire Software Inc will post 0.06 earnings per share for the current fiscal year.

Several research firms recently weighed in on GWRE. Zacks Investment Research cut shares of Guidewire Software from a “hold” rating to a “sell” rating in a research note on Monday, January 8th. TheStreet cut shares of Guidewire Software from a “b” rating to a “c+” rating in a research note on Wednesday, November 29th. Deutsche Bank reiterated a “buy” rating and issued a $85.00 target price on shares of Guidewire Software in a research note on Thursday, November 30th. Citigroup set a $85.00 target price on shares of Guidewire Software and gave the company a “buy” rating in a research note on Thursday, November 30th. Finally, BidaskClub cut shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 18th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Guidewire Software presently has an average rating of “Buy” and a consensus price target of $80.11.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Pacer Advisors Inc. increased its holdings in shares of Guidewire Software by 1.0% during the second quarter. Pacer Advisors Inc. now owns 8,178 shares of the technology company’s stock worth $562,000 after buying an additional 78 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Guidewire Software by 7.3% during the second quarter. The Manufacturers Life Insurance Company now owns 2,205 shares of the technology company’s stock worth $151,000 after buying an additional 150 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Guidewire Software by 12.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,536 shares of the technology company’s stock worth $174,000 after buying an additional 283 shares in the last quarter. Utah Retirement Systems increased its holdings in shares of Guidewire Software by 3.0% during the second quarter. Utah Retirement Systems now owns 13,600 shares of the technology company’s stock worth $934,000 after buying an additional 400 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its holdings in shares of Guidewire Software by 64.2% during the third quarter. BNP Paribas Arbitrage SA now owns 2,030 shares of the technology company’s stock worth $158,000 after buying an additional 794 shares in the last quarter.

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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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