Guidewire Software Inc (NYSE:GWRE) CFO Richard Hart sold 2,519 shares of the stock in a transaction that occurred on Tuesday, September 20th. The shares were sold at an average price of $58.45, for a total value of $147,235.55. Following the transaction, the chief financial officer now owns 5,369 shares in the company, valued at approximately $313,818.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Monday, September 19th, Richard Hart sold 3,665 shares of Guidewire Software stock. The shares were sold at an average price of $59.53, for a total value of $218,177.45.
  • On Tuesday, September 6th, Richard Hart sold 375 shares of Guidewire Software stock. The shares were sold at an average price of $63.04, for a total value of $23,640.00.
  • On Monday, August 29th, Richard Hart sold 375 shares of Guidewire Software stock. The shares were sold at an average price of $63.04, for a total value of $23,640.00.
  • On Friday, July 8th, Richard Hart sold 5,526 shares of Guidewire Software stock. The shares were sold at an average price of $63.04, for a total value of $348,359.04.
  • On Thursday, June 23rd, Richard Hart sold 473 shares of Guidewire Software stock. The shares were sold at an average price of $63.04, for a total value of $29,817.92.

Shares of Guidewire Software Inc (NYSE:GWRE) traded up 0.16% on Wednesday, reaching $58.09. The company had a trading volume of 393,850 shares. The firm has a market capitalization of $4.24 billion and a price-to-earnings ratio of 290.45. Guidewire Software Inc has a 52-week low of $42.32 and a 52-week high of $64.78. The company’s 50-day moving average price is $61.52 and its 200-day moving average price is $58.76.

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

GWRE has been the topic of several analyst reports. Piper Jaffray Cos. increased their price target on Guidewire Software to $70.00 in a report on Thursday, June 2nd. Deutsche Bank AG reiterated a “buy” rating on shares of Guidewire Software in a report on Monday, August 1st. Zacks Investment Research raised Guidewire Software from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Monday, July 11th. Citigroup Inc. increased their price objective on Guidewire Software from $65.00 to $72.00 and gave the company a “buy” rating in a research report on Thursday, June 2nd. Finally, TheStreet raised Guidewire Software from a “hold” rating to a “buy” rating in a research report on Wednesday, September 7th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. Guidewire Software presently has a consensus rating of “Buy” and an average target price of $71.14.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Pacer Advisors Inc. bought a new position in Guidewire Software during the second quarter valued at $124,000. Bank of Montreal Can bought a new position in Guidewire Software during the second quarter valued at $159,000. Societe Generale bought a new position in Guidewire Software during the second quarter valued at $200,000. Murphy Capital Management Inc. bought a new position in Guidewire Software during the second quarter valued at $228,000. Finally, Calvert Investment Management Inc. bought a new position in Guidewire Software during the second quarter valued at $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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