Insider Selling: Guidewire Software, Inc. (GWRE) Director Sells 1,026 Shares of Stock
Guidewire Software, Inc. (NYSE:GWRE) Director Guy Dubois sold 1,026 shares of the company’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $74.15, for a total transaction of $76,077.90. Following the completion of the transaction, the director now directly owns 10,113 shares in the company, valued at approximately $749,878.95. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Guidewire Software, Inc. (NYSE:GWRE) traded down $0.02 on Tuesday, reaching $70.45. The company had a trading volume of 1,049,680 shares, compared to its average volume of 467,869. The company has a market capitalization of $5,370.00, a PE ratio of 182.88, a PEG ratio of 36.19 and a beta of 1.17. Guidewire Software, Inc. has a 1-year low of $49.18 and a 1-year high of $83.52.
Guidewire Software (NYSE:GWRE) last released its earnings results on Wednesday, November 29th. The technology company reported ($0.06) EPS for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.10). The firm had revenue of $108.20 million during the quarter, compared to the consensus estimate of $100.61 million. Guidewire Software had a net margin of 3.82% and a return on equity of 3.29%. The firm’s revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.02 EPS. research analysts predict that Guidewire Software, Inc. will post 0.13 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in GWRE. D.A. Davidson & CO. increased its stake in Guidewire Software by 2,270.8% in the second quarter. D.A. Davidson & CO. now owns 1,541 shares of the technology company’s stock valued at $105,000 after acquiring an additional 1,476 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Guidewire Software by 7.3% in the second quarter. The Manufacturers Life Insurance Company now owns 2,205 shares of the technology company’s stock valued at $151,000 after acquiring an additional 150 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in Guidewire Software by 64.2% in the third quarter. BNP Paribas Arbitrage SA now owns 2,030 shares of the technology company’s stock valued at $158,000 after acquiring an additional 794 shares during the last quarter. Zions Bancorporation bought a new position in Guidewire Software in the third quarter valued at $161,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Guidewire Software by 12.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,536 shares of the technology company’s stock valued at $174,000 after acquiring an additional 283 shares during the last quarter.
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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.
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