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Guidewire Software (NASDAQ:GWRE) CEO Marcus Ryu sold 30,000 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $36.91, for a total value of $1,107,300.00. Following the sale, the chief executive officer now directly owns 138,068 shares of the company’s stock, valued at approximately $5,096,090. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

A number of research firms have recently commented on GWRE. Analysts at Deutsche Bank cut their price target on shares of Guidewire Software from $65.00 to $55.00 in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Citigroup Inc. upgraded shares of Guidewire Software from a “sell” rating to a “neutral” rating in a research note on Tuesday, May 27th. They now have a $43.00 price target on the stock. Finally, analysts at TheStreet downgraded shares of Guidewire Software from a “hold” rating to a “sell” rating in a research note on Tuesday, May 13th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Guidewire Software currently has a consensus rating of “Hold” and an average price target of $52.54.

Guidewire Software (NASDAQ:GWRE) traded up 1.80% during mid-day trading on Friday, hitting $38.43. The stock had a trading volume of 657,348 shares. Guidewire Software has a 52 week low of $33.66 and a 52 week high of $58.00. The stock has a 50-day moving average of $37.98 and a 200-day moving average of $45.80. The company’s market cap is $2.611 billion.

Guidewire Software (NASDAQ:GWRE) last released its earnings data on Monday, June 2nd. The company reported $0.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.03 by $0.08. The company had revenue of $82.00 million for the quarter, compared to the consensus estimate of $78.70 million. During the same quarter last year, the company posted $0.04 earnings per share. Guidewire Software’s revenue was up 20.1% compared to the same quarter last year. Analysts expect that Guidewire Software will post $0.55 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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