Guidewire Software Inc (NYSE:GWRE) Director Craig Conway sold 600 shares of Guidewire Software stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $80.17, for a total value of $48,102.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Craig Conway also recently made the following trade(s):
- On Tuesday, January 16th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $77.99, for a total value of $46,794.00.
- On Friday, December 15th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $73.49, for a total value of $44,094.00.
Shares of Guidewire Software Inc (NYSE:GWRE) opened at $81.88 on Friday. Guidewire Software Inc has a fifty-two week low of $54.34 and a fifty-two week high of $83.52. The company has a market capitalization of $6,170.64, a price-to-earnings ratio of 303.26, a P/E/G ratio of 139.07 and a beta of 1.13.
Guidewire Software (NYSE:GWRE) last issued its quarterly earnings data on Wednesday, November 29th. The technology company reported ($0.06) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.10). Guidewire Software had a return on equity of 3.29% and a net margin of 3.82%. The firm had revenue of $108.20 million during the quarter, compared to the consensus estimate of $100.61 million. During the same period in the previous year, the firm earned $0.02 EPS. The business’s revenue was up 15.0% on a year-over-year basis. equities analysts predict that Guidewire Software Inc will post 0.05 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently modified their holdings of GWRE. ARK Investment Management LLC bought a new stake in shares of Guidewire Software in the fourth quarter worth $118,000. American International Group Inc. bought a new stake in shares of Guidewire Software in the fourth quarter worth $121,000. The Manufacturers Life Insurance Company grew its holdings in shares of Guidewire Software by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 2,205 shares of the technology company’s stock worth $151,000 after acquiring an additional 150 shares during the period. BNP Paribas Arbitrage SA grew its holdings in shares of Guidewire Software by 64.2% in the third quarter. BNP Paribas Arbitrage SA now owns 2,030 shares of the technology company’s stock worth $158,000 after acquiring an additional 794 shares during the period. Finally, Zions Bancorporation bought a new stake in shares of Guidewire Software in the third quarter worth $161,000.
A number of research firms have commented on GWRE. DA Davidson began coverage on Guidewire Software in a report on Friday, February 2nd. They issued a “buy” rating and a $92.00 target price for the company. Zacks Investment Research lowered Guidewire Software from a “hold” rating to a “sell” rating in a report on Monday, January 8th. TheStreet lowered Guidewire Software from a “b” rating to a “c+” rating in a report on Wednesday, November 29th. Deutsche Bank reissued a “buy” rating and issued a $85.00 target price on shares of Guidewire Software in a report on Thursday, November 30th. Finally, Citigroup set a $85.00 target price on Guidewire Software and gave the stock a “buy” rating in a report on Thursday, November 30th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $81.30.
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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.
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