Guidewire Software Inc (NYSE:GWRE) CFO Richard Hart sold 375 shares of Guidewire Software stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $70.94, for a total value of $26,602.50. Following the completion of the transaction, the chief financial officer now owns 3,880 shares of the company’s stock, valued at approximately $275,247.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

  • On Wednesday, July 5th, Richard Hart sold 375 shares of Guidewire Software stock. The shares were sold at an average price of $68.37, for a total value of $25,638.75.
  • On Monday, June 19th, Richard Hart sold 2,050 shares of Guidewire Software stock. The shares were sold at an average price of $67.19, for a total value of $137,739.50.
  • On Tuesday, June 20th, Richard Hart sold 5,374 shares of Guidewire Software stock. The stock was sold at an average price of $66.86, for a total value of $359,305.64.
  • On Monday, June 5th, Richard Hart sold 375 shares of Guidewire Software stock. The stock was sold at an average price of $69.26, for a total value of $25,972.50.
  • On Tuesday, May 16th, Richard Hart sold 3,000 shares of Guidewire Software stock. The stock was sold at an average price of $63.04, for a total value of $189,120.00.

Guidewire Software Inc (NYSE GWRE) traded down 0.27% on Monday, reaching $70.80. The company had a trading volume of 489,994 shares. The stock has a market capitalization of $5.27 billion, a PE ratio of 516.79 and a beta of 1.27. The stock has a 50 day moving average price of $69.78 and a 200 day moving average price of $61.47. Guidewire Software Inc has a 52-week low of $49.18 and a 52-week high of $73.36.

Guidewire Software (NYSE:GWRE) last announced its earnings results on Thursday, June 1st. The technology company reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.19. Guidewire Software had a negative net margin of 1.47% and a negative return on equity of 0.88%. The firm had revenue of $123.44 million for the quarter, compared to analyst estimates of $104.55 million. During the same quarter last year, the business earned $0.14 earnings per share. Guidewire Software’s revenue was up 24.9% compared to the same quarter last year. Analysts expect that Guidewire Software Inc will post $0.85 EPS for the current year.

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A number of hedge funds have recently made changes to their positions in the company. Bank of Montreal Can raised its stake in shares of Guidewire Software by 1,389.7% in the first quarter. Bank of Montreal Can now owns 58,618 shares of the technology company’s stock worth $3,302,000 after buying an additional 54,683 shares during the last quarter. Old Mutual Global Investors UK Ltd. bought a new stake in Guidewire Software during the first quarter worth $450,000. Daiwa Securities Group Inc. bought a new stake in Guidewire Software during the first quarter worth $4,317,000. Sumitomo Mitsui Asset Management Company LTD raised its stake in Guidewire Software by 1.7% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 299,235 shares of the technology company’s stock worth $16,855,000 after buying an additional 4,900 shares in the last quarter. Finally, Whittier Trust Co. raised its stake in Guidewire Software by 5.4% in the first quarter. Whittier Trust Co. now owns 15,611 shares of the technology company’s stock worth $879,000 after buying an additional 793 shares in the last quarter.

Several equities research analysts recently issued reports on GWRE shares. Zacks Investment Research upgraded Guidewire Software from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a report on Wednesday, July 12th. Piper Jaffray Companies upgraded Guidewire Software from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $70.00 to $75.00 in a report on Tuesday, June 13th. Bank of America Corporation upgraded Guidewire Software from an “underperform” rating to a “neutral” rating and set a $68.00 price objective on the stock in a report on Monday, May 15th. Stifel Nicolaus lifted their price objective on Guidewire Software from $61.00 to $70.00 and gave the stock a “hold” rating in a report on Friday, June 2nd. Finally, TheStreet upgraded Guidewire Software from a “c+” rating to a “b-” rating in a report on Tuesday, April 25th. Five research analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the stock. Guidewire Software currently has an average rating of “Buy” and a consensus target price of $75.25.

Guidewire Software Company Profile

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. The Company’s InsurancePlatform consists of three elements: core transaction processing, data management and analytics, and digital engagement.

Insider Buying and Selling by Quarter for Guidewire Software (NYSE:GWRE)

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