Guidewire Software (NYSE:GWRE) Director Craig Conway sold 400 shares of the firm’s stock in a transaction dated Monday, April 16th. The stock was sold at an average price of $82.26, for a total value of $32,904.00. Following the sale, the director now directly owns 9,993 shares of the company’s stock, valued at $822,024.18. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Craig Conway also recently made the following trade(s):
- On Thursday, March 15th, Craig Conway sold 400 shares of Guidewire Software stock. The stock was sold at an average price of $86.52, for a total value of $34,608.00.
- On Thursday, February 15th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $80.17, for a total value of $48,102.00.
Shares of NYSE GWRE opened at $86.79 on Thursday. The stock has a market cap of $6,462.30, a PE ratio of 267.97 and a beta of 1.05. Guidewire Software has a 52 week low of $58.87 and a 52 week high of $92.65.
Guidewire Software (NYSE:GWRE) last issued its quarterly earnings data on Tuesday, March 6th. The technology company reported $0.33 EPS for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.14. The business had revenue of $163.80 million for the quarter, compared to analyst estimates of $154.34 million. Guidewire Software had a positive return on equity of 2.54% and a negative net margin of 5.09%. The firm’s revenue for the quarter was up 41.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.28 EPS. analysts expect that Guidewire Software will post -0.01 earnings per share for the current year.
A number of research firms have recently weighed in on GWRE. William Blair reaffirmed an “outperform” rating on shares of Guidewire Software in a research note on Wednesday, March 7th. Stifel Nicolaus raised their price target on Guidewire Software from $78.00 to $88.00 and gave the stock a “hold” rating in a research note on Wednesday, March 7th. KeyCorp reaffirmed a “buy” rating and set a $91.00 price target on shares of Guidewire Software in a research note on Wednesday, March 7th. DA Davidson set a $100.00 price target on Guidewire Software and gave the stock a “buy” rating in a research note on Thursday, March 8th. Finally, Zacks Investment Research raised Guidewire Software from a “sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have issued a buy rating to the company. Guidewire Software currently has a consensus rating of “Buy” and an average price target of $85.44.
Hedge funds and other institutional investors have recently modified their holdings of the company. Sit Investment Associates Inc. acquired a new position in shares of Guidewire Software during the 4th quarter valued at about $2,230,000. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Guidewire Software by 7.0% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 44,984 shares of the technology company’s stock valued at $3,341,000 after acquiring an additional 2,948 shares during the last quarter. Segall Bryant & Hamill LLC grew its holdings in Guidewire Software by 4.9% in the 4th quarter. Segall Bryant & Hamill LLC now owns 742,888 shares of the technology company’s stock valued at $55,167,000 after buying an additional 34,784 shares during the last quarter. California Public Employees Retirement System grew its holdings in Guidewire Software by 12.3% in the 3rd quarter. California Public Employees Retirement System now owns 99,256 shares of the technology company’s stock valued at $7,728,000 after buying an additional 10,856 shares during the last quarter. Finally, Pinebridge Investments L.P. grew its holdings in Guidewire Software by 41.8% in the 4th quarter. Pinebridge Investments L.P. now owns 53,011 shares of the technology company’s stock valued at $3,937,000 after buying an additional 15,625 shares during the last quarter.
ILLEGAL ACTIVITY WARNING: This piece of content was reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of US and international copyright & trademark legislation. The legal version of this piece of content can be viewed at https://ledgergazette.com/2018/04/19/craig-conway-sells-400-shares-of-guidewire-software-gwre-stock.html.
About Guidewire Software
Guidewire Software, Inc provides software products for property and casualty insurers. It offers Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers. The company's products include Guidewire InsuranceSuite comprising Guidewire PolicyCenter, an underwriting and policy administration application; Guidewire ClaimCenter, a lifecycle management application; Guidewire BillingCenter, manages billing, payment plans, agent commissions, and external payment systems; and Guidewire Underwriting Management, a cloud-based underwriting application.
Receive News & Ratings for Guidewire Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guidewire Software and related companies with MarketBeat.com's FREE daily email newsletter.