Guidewire Software, Inc. (NYSE:GWRE) CFO Richard Hart sold 1,114 shares of the company’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $72.80, for a total transaction of $81,099.20. Following the completion of the transaction, the chief financial officer now owns 4,776 shares of the company’s stock, valued at approximately $347,692.80. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Richard Hart also recently made the following trade(s):

  • On Thursday, October 5th, Richard Hart sold 375 shares of Guidewire Software stock. The stock was sold at an average price of $77.40, for a total transaction of $29,025.00.
  • On Wednesday, September 20th, Richard Hart sold 3,996 shares of Guidewire Software stock. The stock was sold at an average price of $77.05, for a total transaction of $307,891.80.
  • On Tuesday, September 19th, Richard Hart sold 3,641 shares of Guidewire Software stock. The stock was sold at an average price of $77.79, for a total transaction of $283,233.39.

Shares of Guidewire Software, Inc. (NYSE GWRE) traded up $0.05 during trading hours on Tuesday, hitting $73.61. 654,239 shares of the stock were exchanged, compared to its average volume of 473,657. The firm has a market cap of $5,491.64, a price-to-earnings ratio of 182.18, a P/E/G ratio of 82.70 and a beta of 1.18. Guidewire Software, Inc. has a 12 month low of $49.18 and a 12 month 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 consensus estimate of $0.04 by ($0.10). Guidewire Software had a net margin of 3.82% and a return on equity of 3.29%. The business had revenue of $108.20 million for the quarter, compared to analyst estimates of $100.61 million. During the same period in the prior year, the company earned $0.02 earnings per share. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. sell-side analysts expect that Guidewire Software, Inc. will post 0.06 earnings per share for the current year.

Hedge funds have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. lifted its stake in Guidewire Software by 2,270.8% during the second quarter. D.A. Davidson & CO. now owns 1,541 shares of the technology company’s stock valued at $105,000 after purchasing an additional 1,476 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Guidewire Software by 7.3% during the second quarter. The Manufacturers Life Insurance Company now owns 2,205 shares of the technology company’s stock valued at $151,000 after purchasing an additional 150 shares during the last quarter. BNP Paribas Arbitrage SA lifted its stake in Guidewire Software by 64.2% during the third quarter. BNP Paribas Arbitrage SA now owns 2,030 shares of the technology company’s stock valued at $158,000 after purchasing an additional 794 shares during the last quarter. Zions Bancorporation acquired a new stake in Guidewire Software during the third quarter valued at approximately $161,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Guidewire Software by 12.6% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,536 shares of the technology company’s stock valued at $174,000 after purchasing an additional 283 shares during the last quarter.

A number of analysts have recently weighed in on the stock. TheStreet lowered shares of Guidewire Software from a “b” rating to a “c+” rating in a research note on Wednesday, November 29th. Deutsche Bank reaffirmed a “buy” rating and issued a $85.00 price target on shares of Guidewire Software in a research note on Thursday, November 30th. Citigroup set a $85.00 price target on shares of Guidewire Software and gave the stock a “buy” rating in a research note on Thursday, November 30th. Zacks Investment Research lowered shares of Guidewire Software from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Finally, BidaskClub lowered shares of Guidewire Software from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Guidewire Software currently 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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