Guidewire Software, Inc. (NYSE:GWRE) Director Craig Conway sold 600 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $70.33, for a total transaction of $42,198.00. Following the completion of the sale, the director now directly owns 9,747 shares of the company’s stock, valued at approximately $685,506.51. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Craig Conway also recently made the following trade(s):

  • On Monday, July 17th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $70.39, for a total transaction of $42,234.00.
  • On Thursday, June 15th, Craig Conway sold 600 shares of Guidewire Software stock. The stock was sold at an average price of $66.56, for a total transaction of $39,936.00.

Guidewire Software, Inc. (NYSE:GWRE) traded up 0.56% during trading on Friday, reaching $71.29. The company’s stock had a trading volume of 153,380 shares. The firm has a market cap of $5.30 billion, a P/E ratio of 520.36 and a beta of 1.27. Guidewire Software, Inc. has a 52 week low of $49.18 and a 52 week high of $73.36. The stock’s 50 day moving average is $70.56 and its 200-day moving average is $62.78.

Guidewire Software (NYSE:GWRE) last announced its earnings results on Thursday, June 1st. The technology company reported $0.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.19. Guidewire Software had a return on equity of 1.97% and a net margin of 2.19%. The business had revenue of $123.44 million for the quarter, compared to analyst estimates of $104.55 million. During the same quarter last year, the firm earned $0.14 EPS. Guidewire Software’s revenue for the quarter was up 24.9% compared to the same quarter last year. On average, equities research analysts forecast that Guidewire Software, Inc. will post $0.85 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This piece of content was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/08/18/guidewire-software-inc-gwre-director-sells-42198-00-in-stock.html.

A number of large investors have recently made changes to their positions in GWRE. BlackRock Inc. raised its stake in shares of Guidewire Software by 33,371.0% in the first quarter. BlackRock Inc. now owns 3,071,300 shares of the technology company’s stock worth $173,006,000 after buying an additional 3,062,124 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Guidewire Software by 51.4% in the first quarter. Wellington Management Group LLP now owns 6,377,813 shares of the technology company’s stock worth $359,261,000 after buying an additional 2,165,143 shares in the last quarter. Janus Henderson Group PLC purchased a new stake in shares of Guidewire Software during the second quarter worth about $113,628,000. Harbour Capital Advisors LLC purchased a new stake in shares of Guidewire Software during the second quarter worth about $6,700,000. Finally, Champlain Investment Partners LLC raised its stake in shares of Guidewire Software by 25.3% in the first quarter. Champlain Investment Partners LLC now owns 2,156,880 shares of the technology company’s stock worth $121,497,000 after buying an additional 435,600 shares in the last quarter.

GWRE has been the topic of several research reports. TheStreet upgraded shares of Guidewire Software from a “c+” rating to a “b-” rating in a research report on Tuesday, April 25th. Bank of America Corporation upgraded shares of Guidewire Software from an “underperform” rating to a “neutral” rating and set a $68.00 price target on the stock in a research report on Monday, May 15th. Stifel Nicolaus boosted their price target on shares of Guidewire Software from $61.00 to $70.00 and gave the stock a “hold” rating in a research report on Friday, June 2nd. UBS AG boosted their price target on shares of Guidewire Software from $72.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, June 2nd. Finally, ValuEngine upgraded shares of Guidewire Software from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Five equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $75.25.

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. 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)

Receive News & Stock Ratings for Guidewire Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guidewire Software Inc. and related stocks with our FREE daily email newsletter.