Guidewire Software Inc (NYSE:GWRE) Director Andrew William Fraser Brown sold 2,585 shares of the business’s stock in a transaction dated Friday, January 12th. The stock was sold at an average price of $77.26, for a total transaction of $199,717.10. Following the completion of the sale, the director now directly owns 3,846 shares of the company’s stock, valued at approximately $297,141.96. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Guidewire Software Inc (GWRE) traded down $1.90 during midday trading on Tuesday, hitting $75.45. 471,493 shares of the stock traded hands, compared to its average volume of 491,110. Guidewire Software Inc has a 1-year low of $51.00 and a 1-year high of $83.52. The firm has a market cap of $5,690.00, a price-to-earnings ratio of 301.80, a PEG ratio of 87.78 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 the Thomson Reuters’ 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 during the quarter, compared to analyst estimates of $100.61 million. During the same period last year, the firm posted $0.02 earnings per share. The company’s quarterly revenue 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 and other institutional investors have recently bought and sold shares of the company. D.A. Davidson & CO. boosted its holdings in shares of Guidewire Software by 2,270.8% in the 2nd quarter. D.A. Davidson & CO. now owns 1,541 shares of the technology company’s stock valued at $105,000 after buying an additional 1,476 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Guidewire Software by 7.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,205 shares of the technology company’s stock valued at $151,000 after buying an additional 150 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in shares of Guidewire Software by 64.2% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,030 shares of the technology company’s stock valued at $158,000 after buying an additional 794 shares during the period. Zions Bancorporation acquired a new position in shares of Guidewire Software in the 3rd quarter valued at about $161,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Guidewire Software by 12.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,536 shares of the technology company’s stock valued at $174,000 after buying an additional 283 shares during the period.

GWRE has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of Guidewire Software from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. Citigroup set a $85.00 target price on shares of Guidewire Software and gave the stock a “buy” rating in a research report on Thursday, November 30th. TheStreet downgraded shares of Guidewire Software from a “b” rating to a “c+” rating in a research report on Wednesday, November 29th. Finally, Deutsche Bank reissued a “buy” rating and issued a $85.00 target price on shares of Guidewire Software in a research report on Thursday, November 30th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus 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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