Marcus Ryu Sells 20,000 Shares of Guidewire Software Inc (GWRE) Stock

Guidewire Software Inc (NYSE:GWRE) CEO Marcus Ryu sold 20,000 shares of the stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $74.06, for a total value of $1,481,200.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

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

  • On Tuesday, December 19th, Marcus Ryu sold 9,435 shares of Guidewire Software stock. The stock was sold at an average price of $73.60, for a total value of $694,416.00.
  • On Friday, December 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The stock was sold at an average price of $73.26, for a total value of $1,831,500.00.
  • On Wednesday, November 1st, Marcus Ryu sold 25,000 shares of Guidewire Software stock. The stock was sold at an average price of $78.80, for a total value of $1,970,000.00.

Shares of Guidewire Software Inc (NYSE GWRE) traded up $1.09 during trading on Wednesday, reaching $75.55. The company had a trading volume of 564,641 shares, compared to its average volume of 494,220. The company has a market capitalization of $5,690.00, a price-to-earnings ratio of 302.20, a PEG ratio of 84.27 and a beta of 1.17. Guidewire Software Inc has a 52 week low of $50.63 and a 52 week high of $83.52.

Guidewire Software (NYSE:GWRE) last posted its quarterly earnings data on Wednesday, November 29th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.10). The company 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%. Guidewire Software’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.02 earnings per share. research analysts anticipate that Guidewire Software Inc will post 0.06 EPS for the current year.

Several large investors have recently bought and sold shares of the company. Atlantic Trust Group LLC bought a new stake in shares of Guidewire Software in the 3rd quarter valued at approximately $39,989,000. DF Dent & Co. Inc. lifted its stake in shares of Guidewire Software by 30.1% during the 3rd quarter. DF Dent & Co. Inc. now owns 17,925 shares of the technology company’s stock worth $1,396,000 after acquiring an additional 4,150 shares during the last quarter. Neuberger Berman Group LLC bought a new stake in shares of Guidewire Software during the 3rd quarter worth approximately $386,000. California Public Employees Retirement System lifted its stake in shares of Guidewire Software by 12.3% during the 3rd quarter. California Public Employees Retirement System now owns 99,256 shares of the technology company’s stock worth $7,728,000 after acquiring an additional 10,856 shares during the last quarter. Finally, Bamco Inc. NY lifted its stake in shares of Guidewire Software by 3.1% during the 3rd quarter. Bamco Inc. NY now owns 5,082,409 shares of the technology company’s stock worth $395,716,000 after acquiring an additional 151,238 shares during the last quarter.

GWRE has been the subject of several research analyst reports. TheStreet upgraded Guidewire Software from a “c+” rating to a “b” rating in a research report on Wednesday, September 6th. Citigroup reiterated a “buy” rating and set a $85.00 target price (up previously from $79.00) on shares of Guidewire Software in a research report on Thursday, September 7th. Deutsche Bank reiterated a “buy” rating and set a $85.00 target price (up previously from $80.00) on shares of Guidewire Software in a research report on Monday, October 2nd. KeyCorp reiterated a “buy” rating and set a $86.00 target price on shares of Guidewire Software in a research report on Friday, September 29th. Finally, BidaskClub lowered Guidewire Software from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 18th. Four 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’s stock. The company currently has an average rating of “Buy” and a consensus target price of $80.11.

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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.

Insider Buying and Selling by Quarter for Guidewire Software (NYSE:GWRE)

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