Guidewire Software Inc (NYSE:GWRE) CFO Richard Hart sold 3,665 shares of the business’s stock in a transaction dated Monday, September 19th. The shares were sold at an average price of $59.53, for a total transaction of $218,177.45. Following the completion of the sale, the chief financial officer now directly owns 5,369 shares of the company’s stock, valued at $319,616.57. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Richard Hart also recently made the following trade(s):

  • On Tuesday, September 20th, Richard Hart sold 2,519 shares of Guidewire Software stock. The shares were sold at an average price of $58.45, for a total transaction of $147,235.55.
  • On Tuesday, September 6th, Richard Hart sold 375 shares of Guidewire Software stock. The stock was sold at an average price of $63.04, for a total transaction of $23,640.00.
  • On Monday, August 29th, Richard Hart sold 375 shares of Guidewire Software stock. The stock was sold at an average price of $63.04, for a total transaction of $23,640.00.
  • On Friday, July 8th, Richard Hart sold 5,526 shares of Guidewire Software stock. The stock was sold at an average price of $63.04, for a total transaction of $348,359.04.
  • On Thursday, June 23rd, Richard Hart sold 473 shares of Guidewire Software stock. The stock was sold at an average price of $63.04, for a total transaction of $29,817.92.

Shares of Guidewire Software Inc (NYSE:GWRE) traded up 0.16% on Wednesday, reaching $58.09. 393,850 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $61.52 and a 200 day moving average of $58.76. Guidewire Software Inc has a one year low of $42.32 and a one year high of $64.78. The firm has a market capitalization of $4.24 billion and a P/E ratio of 290.45.

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Guidewire Software (NYSE:GWRE) last released its quarterly earnings results on Wednesday, September 7th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The company earned $141.18 million during the quarter, compared to analysts’ expectations of $136.09 million. Guidewire Software’s revenue was up 12.1% on a year-over-year basis. During the same period last year, the firm posted $0.35 earnings per share. On average, equities research analysts predict that Guidewire Software Inc will post $0.76 EPS for the current year.

Several research analysts recently commented on GWRE shares. Piper Jaffray Cos. boosted their price objective on shares of Guidewire Software to $70.00 in a research note on Thursday, June 2nd. Citigroup Inc. boosted their price objective on shares of Guidewire Software from $65.00 to $72.00 and gave the stock a “buy” rating in a research note on Thursday, June 2nd. Deutsche Bank AG boosted their price objective on shares of Guidewire Software from $75.00 to $80.00 and gave the stock a “buy” rating in a research note on Thursday, June 2nd. Zacks Investment Research lowered shares of Guidewire Software from a “strong-buy” rating to a “hold” rating in a research note on Thursday, September 8th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Guidewire Software from $68.00 to $78.00 and gave the stock an “overweight” rating in a research note on Thursday, September 8th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company. Guidewire Software has an average rating of “Buy” and an average target price of $71.14.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Pacer Advisors Inc. acquired a new position in shares of Guidewire Software during the second quarter worth $124,000. Bank of Montreal Can acquired a new position in shares of Guidewire Software during the second quarter worth $159,000. Societe Generale acquired a new position in shares of Guidewire Software during the second quarter worth $200,000. Murphy Capital Management Inc. acquired a new position in shares of Guidewire Software during the second quarter worth $228,000. Finally, Calvert Investment Management Inc. acquired a new position in shares of Guidewire Software during the second quarter worth $235,000.

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. Its platform consists of three products: core transaction processing, data management and analytics, and digital engagement.

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