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Guidewire Software (NASDAQ:GWRE) VP Alexander C. Naddaff unloaded 1,132 shares of the stock on the open market in a transaction dated Monday, April 21st. The stock was sold at an average price of $42.60, for a total value of $48,223.20. Following the transaction, the vice president now directly owns 2,422 shares of the company’s stock, valued at approximately $103,177. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Guidewire Software (NASDAQ:GWRE) traded down 4.03% on Wednesday, hitting $41.15. 1,090,592 shares of the company’s stock traded hands. Guidewire Software has a 52-week low of $37.31 and a 52-week high of $58.00. The stock has a 50-day moving average of $48.22 and a 200-day moving average of $48.09. The company’s market cap is $2.796 billion.

Guidewire Software (NASDAQ:GWRE) last released its earnings data on Monday, March 3rd. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.02 by $0.14. The company had revenue of $83.50 million for the quarter, compared to the consensus estimate of $77.36 million. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was up 15.7% on a year-over-year basis. Analysts expect that Guidewire Software will post $0.38 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Guidewire Software from a “neutral” rating to an “outperform” rating in a research note on Friday, March 7th. They now have a $58.40 price target on the stock. Separately, analysts at UBS AG raised their price target on shares of Guidewire Software from $53.00 to $60.00 in a research note on Tuesday, March 4th. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Guidewire Software from $50.00 to $58.00 in a research note on Tuesday, March 4th. One research analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. Guidewire Software currently has a consensus rating of “Buy” and an average target price of $53.90.

Guidewire Software, Inc (NASDAQ:GWRE), is a provider of system software to the global property and casualty insurance industry.

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