Guidewire Software, Inc. (GWRE) Director Guy Dubois Sells 1,026 Shares

Guidewire Software, Inc. (NYSE:GWRE) Director Guy Dubois sold 1,026 shares of Guidewire Software stock in a transaction on Friday, December 1st. The shares were sold at an average price of $74.15, for a total value of $76,077.90. Following the transaction, the director now owns 10,113 shares of the company’s stock, valued at approximately $749,878.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Guidewire Software, Inc. (GWRE) traded down $0.02 during trading on Wednesday, hitting $70.45. The company’s stock had a trading volume of 1,049,600 shares, compared to its average volume of 467,869. The company has a market cap of $5,310.77, a price-to-earnings ratio of 176.18, a price-to-earnings-growth ratio of 79.97 and a beta of 1.18. Guidewire Software, Inc. has a twelve month low of $49.18 and a twelve month high of $83.52.

Guidewire Software (NYSE:GWRE) last posted its earnings results on Wednesday, November 29th. The technology company reported ($0.06) EPS 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%. The firm’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 posted $0.02 EPS. research analysts predict that Guidewire Software, Inc. will post 0.06 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of GWRE. D.A. Davidson & CO. grew its holdings in shares of 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 worth $105,000 after acquiring an additional 1,476 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of 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 worth $151,000 after acquiring an additional 150 shares during the period. BNP Paribas Arbitrage SA grew its holdings in shares of Guidewire Software by 64.2% in the third quarter. BNP Paribas Arbitrage SA now owns 2,030 shares of the technology company’s stock worth $158,000 after acquiring an additional 794 shares during the period. Zions Bancorporation bought a new stake in shares of Guidewire Software in the third quarter worth $161,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Guidewire Software by 12.6% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,536 shares of the technology company’s stock worth $174,000 after acquiring an additional 283 shares during the period.

GWRE has been the subject of a number of recent research reports. KeyCorp reiterated a “buy” rating and set a $86.00 price objective on shares of Guidewire Software in a research note on Friday, September 29th. Stifel Nicolaus lifted their price objective on Guidewire Software from $70.00 to $75.00 and gave the company a “hold” rating in a research note on Thursday, September 7th. Zacks Investment Research upgraded Guidewire Software from a “hold” rating to a “buy” rating and set a $87.00 price objective for the company in a research note on Tuesday, October 24th. Deutsche Bank reiterated a “buy” rating and set a $85.00 price objective on shares of Guidewire Software in a research note on Thursday, November 30th. Finally, BidaskClub upgraded Guidewire Software from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average 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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