Guidewire Software Inc (NYSE:GWRE) insider Michael Polelle sold 208 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $77.81, for a total value of $16,184.48. Following the transaction, the insider now owns 2,489 shares in the company, valued at $193,669.09. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Michael Polelle also recently made the following trade(s):

  • On Wednesday, December 20th, Michael Polelle sold 3,241 shares of Guidewire Software stock. The stock was sold at an average price of $73.24, for a total value of $237,370.84.
  • On Wednesday, November 15th, Michael Polelle sold 208 shares of Guidewire Software stock. The stock was sold at an average price of $79.31, for a total value of $16,496.48.

Shares of Guidewire Software Inc (NYSE:GWRE) traded up $0.19 during mid-day trading on Wednesday, hitting $75.64. The stock had a trading volume of 557,264 shares, compared to its average volume of 603,797. The company has a market cap of $5,700.00, a price-to-earnings ratio of 302.56, a P/E/G ratio of 87.78 and a beta of 1.17. Guidewire Software Inc has a 12-month low of $51.00 and a 12-month high of $83.52.

Guidewire Software (NYSE:GWRE) last issued its quarterly earnings data on Wednesday, November 29th. The technology company reported ($0.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.04 by ($0.10). The business had revenue of $108.20 million during the quarter, compared to the consensus estimate of $100.61 million. Guidewire Software had a return on equity of 3.29% and a net margin of 3.82%. Guidewire Software’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.02 earnings per share. equities analysts anticipate that Guidewire Software Inc will post 0.06 earnings per share for the current fiscal year.

GWRE has been the topic of several recent research reports. Zacks Investment Research upgraded Guidewire Software from a “hold” rating to a “buy” rating and set a $87.00 price target on the stock in a research report on Tuesday, October 24th. Deutsche Bank restated a “buy” rating and set a $85.00 price target (up from $80.00) on shares of Guidewire Software in a research report on Monday, October 2nd. KeyCorp restated a “buy” rating and set a $86.00 price target on shares of Guidewire Software in a research report on Friday, September 29th. BidaskClub lowered Guidewire Software from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 18th. Finally, Citigroup set a $85.00 price target on Guidewire Software and gave the stock a “buy” rating in a research report on Thursday, November 30th. One 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. Guidewire Software presently has an average rating of “Buy” and a consensus price target of $80.11.

Several hedge funds have recently modified their holdings of GWRE. D.A. Davidson & CO. grew its position 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 worth $105,000 after buying an additional 1,476 shares during the last quarter. The Manufacturers Life Insurance Company grew its position 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 worth $151,000 after buying an additional 150 shares during the last quarter. BNP Paribas Arbitrage SA grew its position 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 worth $158,000 after buying an additional 794 shares during the last quarter. Zions Bancorporation bought a new stake in shares of Guidewire Software in the 3rd quarter worth approximately $161,000. Finally, CIBC Asset Management Inc bought a new stake in shares of Guidewire Software in the 3rd quarter worth approximately $200,000.

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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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