Guidewire Software Inc (NYSE:GWRE) CEO Marcus Ryu sold 20,000 shares of the business’s stock in a transaction dated Monday, October 3rd. The shares were sold at an average price of $60.36, for a total transaction of $1,207,200.00. Following the completion of the transaction, the chief executive officer now owns 20,000 shares in the company, valued at $1,207,200. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Marcus Ryu also recently made the following trade(s):

  • On Monday, September 19th, Marcus Ryu sold 15,026 shares of Guidewire Software stock. The shares were sold at an average price of $59.53, for a total transaction of $894,497.78.
  • On Thursday, September 1st, Marcus Ryu sold 20,000 shares of Guidewire Software stock. The shares were sold at an average price of $61.34, for a total transaction of $1,226,800.00.
  • On Monday, August 1st, Marcus Ryu sold 20,000 shares of Guidewire Software stock. The shares were sold at an average price of $61.45, for a total transaction of $1,229,000.00.

Shares of Guidewire Software Inc (NYSE:GWRE) opened at 60.01 on Thursday. The company has a market cap of $4.38 billion and a price-to-earnings ratio of 300.05. Guidewire Software Inc has a 12-month low of $42.32 and a 12-month high of $64.78. The company’s 50-day moving average is $61.11 and its 200-day moving average is $59.26.

Guidewire Software (NYSE:GWRE) last announced its quarterly earnings results on Wednesday, September 7th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The company had revenue of $141.18 million for the quarter, compared to analysts’ expectations of $136.09 million. The business’s revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.35 EPS. Equities research analysts predict that Guidewire Software Inc will post $0.76 earnings per share for the current year.

Insider Buying and Selling by Quarter for Guidewire Software (NYSE:GWRE)

Several analysts have recently issued reports on GWRE shares. Deutsche Bank AG reissued a “buy” rating and issued a $80.00 price target on shares of Guidewire Software in a research report on Thursday, September 29th. Zacks Investment Research raised shares of Guidewire Software from a “hold” rating to a “buy” rating and set a $71.00 price target on the stock in a research report on Monday, July 11th. TheStreet raised shares of Guidewire Software from a “hold” rating to a “buy” rating in a research report on Wednesday, September 7th. JMP Securities reissued a “hold” rating on shares of Guidewire Software in a research report on Thursday, September 8th. Finally, Goldman Sachs Group Inc. started coverage on shares of Guidewire Software in a research report on Tuesday. They issued a “neutral” rating and a $57.00 price target on the stock. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. Guidewire Software presently has a consensus rating of “Buy” and an average price target of $69.38.

Several hedge funds have recently made changes to their positions in GWRE. William Blair Investment Management LLC increased its stake in shares of Guidewire Software by 3.9% in the second quarter. William Blair Investment Management LLC now owns 5,136,907 shares of the company’s stock worth $317,255,000 after buying an additional 192,866 shares during the last quarter. Artisan Partners Limited Partnership increased its stake in shares of Guidewire Software by 5.5% in the second quarter. Artisan Partners Limited Partnership now owns 5,099,484 shares of the company’s stock worth $314,944,000 after buying an additional 267,520 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Guidewire Software by 44.0% in the first quarter. Wellington Management Group LLP now owns 4,266,255 shares of the company’s stock worth $232,425,000 after buying an additional 1,304,174 shares during the last quarter. Brown Capital Management LLC increased its stake in shares of Guidewire Software by 15.7% in the second quarter. Brown Capital Management LLC now owns 2,505,767 shares of the company’s stock worth $154,756,000 after buying an additional 340,121 shares during the last quarter. Finally, BlackRock Institutional Trust Company N.A. increased its stake in shares of Guidewire Software by 1.9% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,766,910 shares of the company’s stock worth $109,124,000 after buying an additional 32,933 shares during the last quarter.

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. Its platform consists of three products: core transaction processing, data management and analytics, and digital engagement.

5 Day Chart for NYSE:GWRE

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