Guidewire Software Inc (NYSE:GWRE) insider Ali Kheirolomoom sold 170 shares of Guidewire Software stock in a transaction on Monday, January 8th. The shares were sold at an average price of $76.93, for a total value of $13,078.10. Following the completion of the transaction, the insider now directly owns 3,248 shares of the company’s stock, valued at $249,868.64. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Guidewire Software Inc (NYSE GWRE) traded down $0.52 during trading on Wednesday, hitting $76.68. The stock had a trading volume of 438,483 shares, compared to its average volume of 726,921. Guidewire Software Inc has a 12 month low of $50.63 and a 12 month high of $83.52. The firm has a market cap of $5,780.00, a PE ratio of 306.72, a P/E/G ratio of 87.43 and a beta of 1.17.

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

GWRE has been the subject of several analyst reports. Zacks Investment Research raised Guidewire Software from a “hold” rating to a “buy” rating and set a $87.00 price objective for the company in a report on Tuesday, October 24th. Deutsche Bank reaffirmed a “buy” rating and issued a $85.00 price objective (up from $80.00) on shares of Guidewire Software in a report on Monday, October 2nd. KeyCorp reaffirmed a “buy” rating and issued a $86.00 price objective on shares of Guidewire Software in a report on Friday, September 29th. BidaskClub cut Guidewire Software from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 18th. Finally, Citigroup set a $85.00 price objective on Guidewire Software and gave the company a “buy” rating in a report on Thursday, November 30th. One research analyst has rated the stock with a sell rating, three have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $80.11.

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Guidewire Software by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 5,789,792 shares of the technology company’s stock worth $397,816,000 after buying an additional 96,478 shares in the last quarter. Bamco Inc. NY grew its position in 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. BlackRock Inc. grew its position 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 acquiring an additional 103,707 shares during the last quarter. Janus Henderson Group PLC grew its position in Guidewire Software by 0.8% during the 3rd quarter. Janus Henderson Group PLC now owns 1,666,688 shares of the technology company’s stock worth $129,768,000 after acquiring an additional 12,949 shares during the last quarter. Finally, Eagle Asset Management Inc. grew its position in Guidewire Software by 5.1% during the 3rd quarter. Eagle Asset Management Inc. now owns 1,145,732 shares of the technology company’s stock worth $88,828,000 after acquiring an additional 55,885 shares during the last quarter.

TRADEMARK VIOLATION WARNING: “Ali Kheirolomoom Sells 170 Shares of Guidewire Software Inc (GWRE) Stock” was first posted by American Banking News and is owned by of American Banking News. If you are reading this piece on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this piece can be read at https://www.americanbankingnews.com/2018/01/10/ali-kheirolomoom-sells-170-shares-of-guidewire-software-inc-gwre-stock.html.

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)

Receive News & Ratings for Guidewire Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guidewire Software and related companies with MarketBeat.com's FREE daily email newsletter.