Priscilla Hung Sells 135 Shares of Guidewire Software Inc (GWRE) Stock

Guidewire Software Inc (NYSE:GWRE) COO Priscilla Hung sold 135 shares of Guidewire Software stock in a transaction on Monday, February 5th. The stock was sold at an average price of $77.39, for a total transaction of $10,447.65. Following the sale, the chief operating officer now directly owns 2,691 shares of the company’s stock, valued at $208,256.49. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Priscilla Hung also recently made the following trade(s):

  • On Thursday, January 4th, Priscilla Hung sold 1,331 shares of Guidewire Software stock. The stock was sold at an average price of $75.64, for a total transaction of $100,676.84.
  • On Wednesday, December 20th, Priscilla Hung sold 2,870 shares of Guidewire Software stock. The stock was sold at an average price of $73.31, for a total transaction of $210,399.70.
  • On Monday, December 4th, Priscilla Hung sold 136 shares of Guidewire Software stock. The stock was sold at an average price of $73.11, for a total transaction of $9,942.96.

Shares of Guidewire Software Inc (NYSE:GWRE) traded up $1.01 on Tuesday, reaching $76.78. 452,186 shares of the company were exchanged, compared to its average volume of 437,760. Guidewire Software Inc has a 52-week low of $53.28 and a 52-week high of $83.52. The stock has a market capitalization of $5,790.00, a PE ratio of 307.12, a PEG ratio of 88.52 and a beta of 1.13.

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

GWRE has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Guidewire Software from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. Deutsche Bank reissued a “buy” rating and issued a $85.00 price target on shares of Guidewire Software in a research report on Thursday, November 30th. DA Davidson initiated coverage on shares of Guidewire Software in a research report on Friday. They issued a “buy” rating and a $92.00 price target for the company. BidaskClub cut shares of 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 shares of Guidewire Software and gave the company a “buy” rating in a research report on Thursday, November 30th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Guidewire Software has an average rating of “Buy” and a consensus price target of $81.30.

A number of hedge funds and other institutional investors have recently bought and sold shares of GWRE. D.A. Davidson & CO. increased its stake in Guidewire Software by 2,270.8% in 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 period. The Manufacturers Life Insurance Company increased its stake in Guidewire Software by 7.3% in 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 period. BNP Paribas Arbitrage SA increased its stake in Guidewire Software by 64.2% in 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 period. Zions Bancorporation acquired a new position in Guidewire Software in the third quarter valued at $161,000. Finally, CIBC Asset Management Inc acquired a new position in Guidewire Software in the third quarter valued at $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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