Guidewire Software, Inc. (NYSE:GWRE) CEO Marcus Ryu sold 25,000 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $78.80, for a total value of $1,970,000.00. Following the completion of the sale, the chief executive officer now owns 114,178 shares in the company, valued at $8,997,226.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Marcus Ryu also recently made the following trade(s):

  • On Monday, October 2nd, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The shares were sold at an average price of $78.56, for a total value of $1,964,000.00.
  • On Tuesday, September 19th, Marcus Ryu sold 13,249 shares of Guidewire Software stock. The shares were sold at an average price of $77.79, for a total value of $1,030,639.71.
  • On Friday, September 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The shares were sold at an average price of $75.51, for a total value of $1,887,750.00.

Guidewire Software (NYSE:GWRE) last announced its earnings results on Wednesday, September 6th. The technology company reported $0.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.20. The firm had revenue of $181.10 million for the quarter, compared to the consensus estimate of $168.61 million. Guidewire Software had a return on equity of 3.59% and a net margin of 4.13%. The business’s quarterly revenue was up 28.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.22 EPS.

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GWRE has been the topic of a number of recent analyst reports. BidaskClub raised Guidewire Software from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research raised Guidewire Software from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a research note on Tuesday, October 17th. Piper Jaffray Companies reissued a “buy” rating and issued a $80.00 price objective on shares of Guidewire Software in a research note on Sunday, August 27th. TheStreet lowered Guidewire Software from a “b-” rating to a “c+” rating in a research note on Monday, August 14th. Finally, Citigroup Inc. reissued a “buy” rating and issued a $85.00 price objective (up previously from $79.00) on shares of Guidewire Software in a research note on Thursday, September 7th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $80.11.

Institutional investors and hedge funds have recently made changes to their positions in the business. Aperio Group LLC lifted its holdings in Guidewire Software by 5.3% during the 2nd quarter. Aperio Group LLC now owns 5,369 shares of the technology company’s stock worth $369,000 after buying an additional 269 shares during the period. Schwab Charles Investment Management Inc. lifted its holdings in Guidewire Software by 4.7% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 279,346 shares of the technology company’s stock worth $15,736,000 after buying an additional 12,434 shares during the period. Ameriprise Financial Inc. lifted its holdings in Guidewire Software by 51.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 88,489 shares of the technology company’s stock worth $6,079,000 after buying an additional 30,089 shares during the period. BlackRock Inc. lifted its holdings in Guidewire Software by 3.4% during the 2nd quarter. BlackRock Inc. now owns 3,175,007 shares of the technology company’s stock worth $218,156,000 after buying an additional 103,707 shares during the period. Finally, Koch Industries Inc. acquired a new position in Guidewire Software during the 2nd quarter worth about $304,000.

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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