Guidewire Software, Inc. (NYSE:GWRE) CEO Marcus Ryu sold 25,000 shares of the company’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $73.26, for a total value of $1,831,500.00. Following the transaction, the chief executive officer now directly owns 76,178 shares in the company, valued at $5,580,800.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Wednesday, November 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The shares were sold at an average price of $78.80, for a total value of $1,970,000.00.
  • 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.

Shares of Guidewire Software, Inc. (NYSE:GWRE) traded down $2.68 on Tuesday, hitting $70.47. The stock had a trading volume of 1,625,400 shares, compared to its average volume of 465,372. Guidewire Software, Inc. has a fifty-two week low of $49.18 and a fifty-two week high of $83.52. The firm has a market cap of $5,370.00, a PE ratio of 182.88, a PEG ratio of 36.19 and a beta of 1.17.

Guidewire Software (NYSE:GWRE) last issued its earnings results on Wednesday, November 29th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.10). Guidewire Software had a return on equity of 3.29% and a net margin of 3.82%. The company had revenue of $108.20 million during the quarter, compared to analyst estimates of $100.61 million. During the same period in the previous year, the company posted $0.02 earnings per share. The company’s quarterly revenue was up 15.0% on a year-over-year basis. equities analysts expect that Guidewire Software, Inc. will post 0.13 EPS for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Janus Henderson Group PLC bought a new position in Guidewire Software in the 2nd quarter valued at $113,628,000. Wasatch Advisors Inc. bought a new position in Guidewire Software in the 2nd quarter valued at $28,037,000. Koch Industries Inc. bought a new position in Guidewire Software in the 2nd quarter valued at $304,000. Nikko Asset Management Americas Inc. boosted its position in shares of Guidewire Software by 1,321.1% in the 2nd quarter. Nikko Asset Management Americas Inc. now owns 189,000 shares of the technology company’s stock worth $12,986,000 after purchasing an additional 175,700 shares during the last quarter. Finally, Fred Alger Management Inc. boosted its position in shares of Guidewire Software by 74.0% in the 2nd quarter. Fred Alger Management Inc. now owns 408,182 shares of the technology company’s stock worth $28,046,000 after purchasing an additional 173,627 shares during the last quarter.

A number of brokerages have commented on GWRE. TheStreet downgraded Guidewire Software from a “b” rating to a “c+” rating in a research note on Wednesday, November 29th. Deutsche Bank restated a “buy” rating and issued a $85.00 target price on shares of Guidewire Software in a research note on Thursday, November 30th. KeyCorp restated a “buy” rating and issued a $86.00 target price on shares of Guidewire Software in a research note on Friday, September 29th. Citigroup set a $85.00 price target on Guidewire Software and gave the stock a “buy” rating in a research note on Thursday, November 30th. Finally, BidaskClub downgraded Guidewire Software from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 11th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Guidewire Software has an average rating of “Buy” and an average target price of $80.11.

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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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