Guidewire Software Director Sells $1,129,250 in Stock (GWRE)
Guidewire Software (NASDAQ:GWRE) Director Kenneth W. Branson sold 25,000 shares of the company’s stock on the open market in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $45.17, for a total transaction of $1,129,250.00. Following the sale, the director now directly owns 881,979 shares of the company’s stock, valued at approximately $39,838,991. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Guidewire Software (NASDAQ:GWRE) traded up 0.88% during mid-day trading on Wednesday, hitting $45.62. 296,430 shares of the company’s stock traded hands. Guidewire Software has a 52 week low of $30.25 and a 52 week high of $51.68. The stock’s 50-day moving average is $48.11 and its 200-day moving average is $46.6. The company has a market cap of $3.056 billion and a P/E ratio of 646.00.
Guidewire Software (NASDAQ:GWRE) last posted its quarterly earnings results on Tuesday, December 3rd. The company reported ($0.01) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.16) by $0.15. The company had revenue of $66.50 million for the quarter, compared to the consensus estimate of $62.80 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. Analysts expect that Guidewire Software will post $0.26 EPS for the current fiscal year.
Guidewire Software, Inc (NASDAQ:GWRE), is a provider of system software to the global property and casualty insurance industry.
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