Guidewire Software, Inc. (NYSE:GWRE) Director Craig Conway sold 600 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $78.20, for a total transaction of $46,920.00. Following the completion of the transaction, the director now owns 9,447 shares of the company’s stock, valued at $738,755.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Craig Conway also recently made the following trade(s):

  • On Tuesday, August 15th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $70.33, for a total transaction of $42,198.00.
  • On Monday, July 17th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $70.39, for a total transaction of $42,234.00.

Guidewire Software, Inc. (GWRE) traded down 0.56% during trading on Friday, hitting $77.64. 794,683 shares of the stock traded hands. The stock has a market cap of $5.81 billion, a P/E ratio of 277.29 and a beta of 1.24. Guidewire Software, Inc. has a 52-week low of $49.18 and a 52-week high of $81.46. The stock has a 50 day moving average price of $73.33 and a 200-day moving average price of $65.76.

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

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A number of institutional investors have recently added to or reduced their stakes in GWRE. Israel Discount Bank of New York acquired a new stake in Guidewire Software in the 1st quarter valued at $104,000. D.A. Davidson & CO. boosted its stake in Guidewire Software by 2,270.8% during the 2nd quarter. D.A. Davidson & CO. now owns 1,541 shares of the technology company’s stock worth $105,000 after purchasing an additional 1,476 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in Guidewire Software by 424.4% during the 1st quarter. Tower Research Capital LLC TRC now owns 2,601 shares of the technology company’s stock worth $146,000 after purchasing an additional 2,105 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Guidewire Software by 7.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,205 shares of the technology company’s stock worth $151,000 after purchasing an additional 150 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Guidewire Software by 12.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,536 shares of the technology company’s stock worth $174,000 after purchasing an additional 283 shares during the last quarter.

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

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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