Guidewire Software, Inc. (NYSE:GWRE) COO Priscilla Hung sold 209 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $78.03, for a total value of $16,308.27. Following the completion of the sale, the chief operating officer now owns 1,367 shares of the company’s stock, valued at approximately $106,667.01. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Priscilla Hung also recently made the following trade(s):

  • On Tuesday, September 5th, Priscilla Hung sold 136 shares of Guidewire Software stock. The shares were sold at an average price of $75.57, for a total value of $10,277.52.
  • On Monday, August 14th, Priscilla Hung sold 208 shares of Guidewire Software stock. The shares were sold at an average price of $69.61, for a total value of $14,478.88.
  • On Friday, August 4th, Priscilla Hung sold 135 shares of Guidewire Software stock. The shares were sold at an average price of $71.48, for a total value of $9,649.80.
  • On Thursday, July 13th, Priscilla Hung sold 208 shares of Guidewire Software stock. The shares were sold at an average price of $70.62, for a total value of $14,688.96.
  • On Wednesday, July 5th, Priscilla Hung sold 135 shares of Guidewire Software stock. The shares were sold at an average price of $68.37, for a total value of $9,229.95.
  • On Tuesday, June 20th, Priscilla Hung sold 3,070 shares of Guidewire Software stock. The shares were sold at an average price of $67.14, for a total value of $206,119.80.

Guidewire Software, Inc. (NYSE:GWRE) traded down 0.56% during midday trading on Friday, hitting $77.64. The stock had a trading volume of 794,683 shares. Guidewire Software, Inc. has a 52-week low of $49.18 and a 52-week high of $81.46. The company’s 50 day moving average price is $73.33 and its 200-day moving average price is $65.76. The stock has a market cap of $5.81 billion, a PE ratio of 277.29 and a beta of 1.24.

Guidewire Software (NYSE:GWRE) last announced its quarterly earnings results on Wednesday, September 6th. The technology company reported $0.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.20. Guidewire Software had a return on equity of 3.67% and a net margin of 4.13%. The business had revenue of $181.10 million for the quarter, compared to the consensus estimate of $168.61 million. During the same period last year, the business posted $0.22 EPS. The business’s revenue was up 28.3% compared to the same quarter last year. Analysts forecast that Guidewire Software, Inc. will post $1.03 EPS for the current fiscal year.

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Several analysts have weighed in on GWRE shares. Piper Jaffray Companies reiterated a “buy” rating and issued a $80.00 price objective on shares of Guidewire Software in a research report on Sunday, August 27th. BidaskClub raised Guidewire Software from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 19th. TheStreet cut Guidewire Software from a “b-” rating to a “c+” rating in a research note on Monday, August 14th. Bank of America Corporation boosted their target price on Guidewire Software from $74.00 to $76.00 and gave the company a “neutral” rating in a research note on Thursday, September 7th. Finally, Zacks Investment Research raised Guidewire Software from a “hold” rating to a “strong-buy” rating and set a $92.00 target price on the stock in a research note on Tuesday. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and three have issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $78.89.

A number of hedge funds have recently made changes to their positions in the stock. Wellington Management Group LLP grew its stake in Guidewire Software by 51.4% during the 1st quarter. Wellington Management Group LLP now owns 6,377,813 shares of the technology company’s stock worth $359,261,000 after buying an additional 2,165,143 shares during the last quarter. Vanguard Group Inc. grew its stake in Guidewire Software by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 5,789,792 shares of the technology company’s stock valued at $397,816,000 after purchasing an additional 96,478 shares during the last quarter. William Blair Investment Management LLC grew its stake in Guidewire Software by 5.8% during the 1st quarter. William Blair Investment Management LLC now owns 4,389,763 shares of the technology company’s stock valued at $247,275,000 after purchasing an additional 240,337 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Guidewire Software by 4.0% during the 1st quarter. JPMorgan Chase & Co. now owns 3,875,527 shares of the technology company’s stock valued at $218,307,000 after purchasing an additional 148,196 shares during the last quarter. Finally, BlackRock Inc. grew its stake in Guidewire Software by 3.4% during the 2nd quarter. BlackRock Inc. now owns 3,175,007 shares of the technology company’s stock valued at $218,156,000 after purchasing an additional 103,707 shares during the last quarter.

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. 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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